UAE takes step forward in building financial skills

Forty-one financial services professionals have graduated from a qualification programme run by the Securities & Commodities Authority (SCA), the regulator in the United Arab Emirates (UAE), in conjunction with the CISI

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At a ceremony in Dubai, H.E. Abdullah Al-Turifi FCSI(Hon), Chief Executive of SCA, presented certificates to the successful candidates. They included brokers, trading managers, operations managers, internal auditors and final analysts.

Under a compulsory qualifications programme, designed by the CISI to meet SCA’s needs, candidates must pass at least three exams to secure a licence from SCA to work in the UAE securities market. Around 350 practitioners have qualified since the programme was launched in 2009.
“These exams are a similar level as qualifications taken by fellow professionals around the world"Speaking at the ceremony CISI Global Business Development Director Kevin Moore, Chartered MCSI congratulated the exam achievers.

He said: “These exams are a similar level as qualifications taken by fellow professionals around the world. You should be justifiably proud that your achievement demonstrates that you have achieved the same level of knowledge as those operating in markets such as New York and London.

Skilled people“For the UAE to be a major financial centre, it needs to have skilled people. The combination of initial knowledge and continued learning – leading to skills – is important and your success today is another step forward in building up the financial centre.”

Abdullah Al-Turifi, pictured right, said SCA had become an important player in providing specialised professional development not only within the UAE but across the Gulf region.
He thanked the CISI for its continued co-operation in the areas of training and qualifications.

Published: 12 Jun 2015
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  • CISI exams

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