16.6 Continuous Professional Development Programs (CPD)
C 33/2018 STA
16.6.1
The 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