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1/16/25, 2:06 PM Ministry Of Economy Launches Specialised Training Programme To Enhance Professional Skills Of Compliance Officers And Empl…
H.E. Safeya Al Safi emphasised that collaboration with the ICA marks a significant step

towards training compliance officers, who specialise in implementing the highest standards of

compliance within companies operating in the DNFBPs sectors, overseen by the Ministry of
Economy. These sectors include real estate agents and brokers, traders of precious metals

and gemstones, auditors, and corporate service providers, all adhering to international best

practices. This initiative will play a key role in fostering a stable economic environment and
boosting confidence in the country's investment climate.

Under this first-of-its-kind initiative, certification titled 'ICA/MoEc Certificate in AML/CFT

DNFBPs' will be awarded to compliance officers and private sector employees who
successfully complete the programme. This presents an ideal opportunity for DNFBP

compliance officers, professionals from other sectors, recent graduates, and stakeholders to

develop their skills and learn global standards for combating financial crimes.

The programme, which spans four months and features six core modules, offers an in-depth

exploration of key topics such as money laundering and terrorist financing, global standards

and compliance obligations, money laundering and terrorist financing risk assessment, due
diligence and enhanced due diligence, suspicious activity reporting requirements, targeted

financial sanctions guidelines, governance frameworks, and internal controls. Training will be

delivered through an interactive digital platform providing accessible study materials.
Participants can also attend virtual training sessions to prepare for the exam, with two

attempts to pass.

This program is the outcome of a partnership between the UAE Ministry of Economy and the
ICA, aimed at supporting the UAE's efforts to promote compliance and raise awareness about

combating money laundering, terrorist financing, and the proliferation of weapons in the

DNFBP sectors.

The ICA is a leading global organisation that offers specialised training and professional

programmes in regulatory compliance and financial crime prevention. Since 2001, ICA has

empowered over 180,000 professionals worldwide by enhancing their knowledge, skills, and
professional conduct through its comprehensive and diverse range of programmes.

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