17 Aug, 2009NASDAQ Dubai Academy to Provide Anti-Money Laundering and Compliance Courses for Brokers

NASDAQ Dubai Academy will provide training courses and certification on anti-money laundering, market abuse and regulatory compliance in August and September 2009.

The courses, held in association with Total Solutions Middle East, will bring brokers and other market participants up to date with regulations of the Dubai Financial Services Authority and the UAE s Securities and Commodities Authority. Total Solutions Middle East specializes in compliance training, consultancy and outsourcing.

Participants who take three one-day courses can sit an exam for NASDAQ Dubai Academy s Certification in Anti-Money Laundering, Compliance and Market Abuse.

Separate one-day Advanced Compliance Skills workshops will also be held.
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The training will cover the UAE and international best practices, the practical applications, as well as underlying trends and concepts.

Jeff Singer, Chief Executive of NASDAQ Dubai, said: "Our courses support high standards of corporate conduct and compliance, which enable brokers to trade with confidence. NASDAQ Dubai is committed to promoting financial services education in the interests of capital markets participants and investors.

Jurry de Vries, Managing Partner of Total Solutions Middle East, said:
"We are delighted to associate with NASDAQ Dubai in order to jointly increase compliance awareness among brokers and their employees. Our aim is to develop best practices to ensure that participants fully understand their roles and responsibilities."