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16.6 Continuous Professional Development Programs (CPD)

C 33/2018 STA
16.6.1The Compliance Officer, Alternate Compliance Officer and other employees of the AML/CFT Compliance Department must undergo a minimum of forty eight (48) hours external training in AML/CFT compliance every 12 months, starting from the date the officer or employee has commenced employment; and
 
16.6.2

Participation in any one or a combination of the following is acceptable in relation to CPD programs in this context:
 

a)AML/CFT conferences, meetings or workshops whether inside or outside the UAE;
b)face to face training by external agencies whether inside or outside the UAE;
c)training by industry associations or regulatory bodies; and
d)Web based training.