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1/16/25, 2:05 PM UAE Ministry of Economy launches training programme to strengthen DNFBP compliance against financial crimes - Finance Middle…

UAE Ministry of Economy launches training

programme to strengthen DNFBP

compliance against financial crimes
Training will be delivered via an interactive digital platform, with virtual sessions to help participants
prepare for the exam.

Credit: Shutterstock
The UAE Ministry of Economy has introduced a training programme to enhance the skills and compliance
knowledge of compliance officers in Designated Non-Financial Businesses and Professions (DNFBPs) and private
sector employees. The programme, developed in partnership with the International Compliance Association (ICA),
focuses on combating money laundering and countering the financing of terrorism.

“It aims to raise the level of compliance culture among the entities under the Ministry’s supervision and to
strengthen their role in combating money laundering and terrorist financing crimes,” said Safeya Hashem Al Safi,
Acting Assistant Under-Secretary for the Commercial Control and Governance Sector. “This is to solidify the UAE’s
position as a competitive economic hub that applies the highest standards of financial integrity.”

The programme targets compliance officers across DNFBP sectors, including real estate agents, brokers, precious
metals and gemstones traders, auditors, and corporate service providers. These sectors operate under
international compliance standards and the Ministry’s supervision.

Participants who complete the four-month programme will receive an ‘ICA/MoEc Certificate in AML/CFT DNFBPs.’
The training consists of six modules covering money laundering and terrorist financing risks, compliance
obligations, risk assessment, due diligence, reporting suspicious activity, sanctions guidelines, governance
frameworks, and internal controls.

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