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ESCA, CFA Emirates and CFA Institute sign pact |
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06.11.2009 |
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The Emirates Securities and Commodities Authority, or ESCA, the financial services regulatory body for the UAE, CFA Emirates, the CFA member association for the UAE, and CFA Institute, a global association of investment professionals that awards the CFA and CIPM designations, have announced their joint signing of a memorandum of understanding to explore ways to advance professional standards in the capital markets and investment industry.
The MoU was signed in Dubai by Abdullah Al Turifi, CEO of the Securities & Commodities Authority, or SCA, Yacoub Nuseibeh, CFA, President of CFA Emirates, and John Rogers, CFA, President and CEO of CFA Institute. The MoU signals commitment to support the development of a framework for professional standards for investment professionals. The framework will be developed through ?the formation of a joint working group.
The group will work to establish a roadmap setting out recommendations for the professional training of investment advisers and investment managers; training on a code of conduct for financial analysts and portfolio managers; and training in investment knowledge and the code of conduct for media professionals.
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Source:www.menafn.com |
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