Securities & Commodities Authority Training Centre
Index
About SCATC ...................................................................................................................................
3
SCA CEO Word ..................................................................................................................................
5
Strategic Objectives ......................................................................................................................
7
SCATC Services ..............................................................................................................................
9
Financial Market for Training (FMT) .....................................................................................
11
Strategic Partners ..........................................................................................................................
13
Contact Us ........................................................................................................................................
15
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Securities & Commodities Authority Training Centre
Securities & Commodities Authority Training Centre
Institute for Securities & Investment (CISI), as well as create a Training Centre within
SCA. The Training Centre was regulated in accordance with the decision of the Chairman
of the Board no. (12/r) of 2011, and therefore, the administration of the Centre was
formed and assigned a number of key duties such as proposing and implementing the
annual action plan and the training courses. The Centre was also charged with providing
technical and professional training, holding awareness programmes for investors in
capital markets and supervising relevant activities.
About SCATC
The Securities and Commodities Authority Training Centre is a source of approved
knowledge in the field of securities and investment. It provides specialized professional
exams and training courses that guarantee the enhanced performance of staff and
professionals in financial markets and services careers, and also provides them with all the
latest developments in this industry and the best internationally-recognized practices.
The Centre cooperates with national and international academic and professional
institutes. The teaching process is assumed by a group of specialists having academic
as well as professional experience. It should be noted that the certificates of the Centre
have obtained recognition and approval by financial institutions and in finance and
business circles. Pursuant to the regulatory systems of SCA, passing exams and obtaining
the appropriate professional certificates are the conditions for obtaining a professional
license.
The Training Centre plays a key role in qualifying the professionals in the capital markets
sector of the UAE through its Qualifications Led Licensing Regime, as well as offering
internationally accredited professional qualifications.
Vision:
Leadership in the field of training, research and awareness in relation to the capital
markets and investments, locally and globally.
Mission:
The SCA Training Centre was established in accordance with the decision of the SCA
Board of Directors no. (31/r) of 2009 to approve the agreement signed with the Chartered
To enhance the professional competence of the oversight staff and members in the
financial markets, as well as other competent entities; and play an efficient role in
developing and promoting investment culture in order to support confidence in the
capital and investment markets.
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4
Securities & Commodities Authority Training Centre
H.E. Abdullah Salem Al-Turifi
SCA CEO
Securities & Commodities Authority Training Centre
The Securities and Commodities Authority
Training Centre (SCATC) in the United Arab
Emirates is a prestigious and specialized
institution concerned with the development
of professionals in the fields of capital markets
and the financial services industry, in general.
In view of the above, the SCATC continues to exert great efforts in adopting only the best
international practices to achieve the highest level of quality standards of performance
and services for its clientele. This is manifested in the equipping of the centre with the
state-of-the-art training equipment and education resources, first class conference hall
and the employment of technical and administration experts and highly experienced
personnel to run the Centre and provide services at the highest level of professionalism.
Consequently, SCATC is committed to
providing training programs, seminars,
qualifications exams and professional
certificates with the aim of promoting the
performance of the capital market and
financial services sectors, and meeting the
challenges and requirements of the labor
market. This is in addition to training of UAE
national cadres and living up to the latest
developments in the area of financial services,
in a way that would serve the interest of
investors and clients, in particular and the
interest of the UAE national economy, in
general.
SCATC has also signed partnership agreements with a number of the best national,
regional and international vocational and academic institutions to provide a package
of training programs and examinations of high quality, excellence and innovation of
international standards and specifications. In this regard, I am pleased to say that all
the certificates being issued by the Centre, in cooperation with its strategic partners,
are internationally accredited certificates acceptable and recognized at the regional and
international levels.
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I therefore invite specialists and other interested persons to benefit – through the SCATC
website – from the Centre’s programs and services, to apply and sit for its various exams,
and to offer opinions and suggestions to further develop the Centre and raise higher the
level of its services to achieve the targeted objectives and the expectations of its clients
in order to enhance the progress and development of the securities sector according to
best international standards.
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Securities & Commodities Authority Training Centre
Human Capital
To develop human resources working in the financial and investment markets; and increase the
number of those qualified in the field.
Investor Education
To raise the awareness of the investors to protect themselves and further to educate them as well
as enhancing confidence, in such a manner, as to serve the interests of the national economy.
Professional Qualifications
To provide access to training and qualification for citizens of the UAE, GCC and other Arab
countries to work in investment field in the capital, securities and commodities markets.
Assessment & Licensing
To supervise the examinations of the accredited professional certificates with a view to license
the various technical and professional jobs in accordance with law requirements, and to consider
the accreditation of professional certificates in this area.
Strategic Objectives
Competency Development
To improve competence in technical and professional jobs by launching new programs,
implementing a continued education system and developing the examination systems.
Strategic partnerships
To strengthen the relations with the competent entities that contribute to the sustained quality
of the Training Centre.
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Securities & Commodities Authority Training Centre
Securities & Commodities Authority Training Centre
SCATC
Services
Pr
o
f
e
s
s
i
o na l
Qua
l
i
fi
c
a
t
ions
In addition of managing the Qualifications Led Licensing exams, SCATC assigns its best caliber
to manage and operate a Professional Assessment Centre in partnership with major partners
such as Prometric, Pearson Vue and PeopleCert to provide international examinations for
global qualifications in the capital market and financial sector.
Qualification Led Licensing Regime
The Securities & Commodities Authority has established a qualification and licensing
requirements for professionals wishing to work in the capital markets in the UAE. In
collaboration with the Chartered Institute of Securities & Investment (CISI), each job role
has been assigned competencies and related exams that will lead to a license to enroll to a
financial job in the capital market. Along with CISI, (SCATC) regularly manages the continuous
development of qualification curriculum and exams and training programs.
Securities and Commodities Authority (SCA) Licensing Regime
Job
Function
Nat
nces
e
r
e
f
n
Co
&
ar s
Semin
International
Assessment
Centre
ion
at g
fic sin
ali cen
Qu d Li ime
Le Reg
A
Gr war
ad d s
ua &
tio
n
International Assessment Centre
Exams
Required
for
SCA
Licence
Broker Representative
Trading Manager/ Operations Manager/
Internal Controller
Financial
Analyst
International Introduction to Securities & investment (English/Arabic)
50 Q 1 Hr
UAE Financial Rules and Regulations (English/Arabic)
50 Q 1 Hr
Global Securities (English/Arabic)
Operational Risk (English)
100 Q 2 Hr
Risk in Financial
Services (English)
Con
Pro tinou
Dev ffessio ous
el
na
o
p
me l
(
C
P
D) nt
E
UA ation
aliz
ion
International Certificate
in Wealth and investment
Management
(English/Arabic)
9
Exam
10
50 Q 1 Hr
or
100 Q 2 Hr
100 Q 2 Hr
Securities & Commodities Authority Training Centre
Securities & Commodities Authority Training Centre
Professional Qualifications
Continuous Professional Development (CPD)
The Securities & Commodities Authority Training Centre
(SCATC) constantly develop strategic partnerships
with international qualifications providers, whose
body of knowledge and assessment framework, and
international recognition can lead to effective impact on
the workforce competencies and eventually the growth of the UAE economy. Some of
these strategic partnerships have resulted in very successful lunch and implementation
of international accredited qualifications that are customized in accordance with the
requirements and vision of the UAE economy:
This framework comes in effect after the fulfillment of SCA Qualification and Licensing
requirements, and it generally mandate professionals to complete specific learning hours
over a year, in disciplines that are related to their fields or add to their general skill set
and knowledge. The details of this framework and requirements are updated regularly and
published for reference.
•
Compliance Officer Certificate- Advanced Level
•
Certified Financial Technician- CFTe1
•
Chartered Analyst of Investment Alternatives
•
Certificate in Wealth Management & Investment
Conferences & Seminars
SCATC organizes and hosts conferences to bring the international expertise and latest
developments of the capital market to the local decision makers. The annual SCA capital
market conference is a trade mark that echoes regionally and internationally. SCATC
conducted successful events and workshops in partnership with major international
organizations, government bodies and financial institutions such as IFTA, ICA, IOSCO,
Thompson Reuters, IFSB, DFSA, ADNB and many more.
UAE Nationalization
SCATC offer UAE nationals who are currently employed in the capital market sector or
those who wish to join it some privileges that facilitate their entry and employment.
For example, UAE nationals may be exempted from assessment fees, invited to SCATC
workshops for free or provided discounts or rewards. These privileges are regulated by
the Securities & Commodities Authority and reviewed periodically. UAE nationals are
advised to contact SCATC to learn further about the available programs.
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Awards & Graduation
Hundreds of professional candidates are awarded annually in an official ceremony to
recognize their efforts and fulfillment of SCA Qualification Licensing Regime and their
attainment of other professional qualifications endorsed by the Securities & Commodities
Authority.
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Securities & Commodities Authority Training Centre
The initiative to launch a Financial Market for (virtual) Training is a well-developed
educational and training project through which students receive practical training to put
into practice the concepts and rules they are studying as part of the curriculum, especially
those majoring in finance and economics. The project is financially supported by the
Securities and Commodities Authority (SCA), in coordination with Abu Dhabi Securities
Exchange (ADX), and the Dubai Financial Market (DFM).
Objectives for Establishment of the Financial Market for Training
1. Place the trainees in a simulated work environment similar to the functioning
environment of the capital markets.
2. Identify how to do real trading in stocks and bonds (buying and selling).
3. Disseminate the financial and investment culture by Involving trainees in stock
competitions.
4. Make quick decisions when implementing projects and case studies relevant to
securities portfolio investment.
5. Allow the professors supervising the students’ projects to evaluate their expected
performance against their actual performance by having them write research papers.
6. Taking part in contests organized by the university administration and financial markets.
Financial Market for Training
(FMT)
The financial market for (virtual) training is equipped with ticker tapes and huge separate
trading screens directly connected with the UAE financial markets, in addition to some
modern electronic devices such as iPads and laptops and desks and chairs for students.
Some of SCATC projects:
• University of Sharjah (UOS).
• United Arab Emirates University (UAEU).
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Securities & Commodities Authority Training Centre
Strategic Partners
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Securities & Commodities Authority Training Centre
website
E-mail
Toll- Free
www.scatc.sca.ae
[email protected]
Within UAE: 800SCAUAE (722823)
Outside UAE: +971800722823
Contact Us
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