Regulatory Compliance Training Courses in Dubai

Regulatory compliance courses in Dubai

Regulatory compliance is a vital business function that guides policies and regulations of all organisations worldwide. Several universities and training institutes are providing courses with certifications to increase the skills demanded in the profession. These certificates and qualifications give professionals an edge in the job market.

Dubai: An oasis of opportunities

Dubai is the most expensive city in the Persian Gulf region and has one of the biggest oil reserves in the world. Owing to its significant presence in the business and trading world, a lot of multinational corporations in the Middle East have their offshore branches situated in Dubai. Other than oil and energy, some of the other thriving industries in the economy are information and technology services and financial investing institutions. It is a rising force in the corporate world in terms of the service industry in telecommunications. Big IT firms such as Hewlett Packard, IBM, EMC and Oracle have their operations here. In order to accommodate the increasing corporations and diverse international business culture, a lot of regulations and business policies are formulated for the proper functioning of the business and alignment with the corporate governance and ethical regulations. Hence, a lot of premiere universities, schools and training institutes provide regulatory compliance courses for interested professionals and business graduates.

Regulatory compliance and its essentials

Regulatory compliance refers to the process of assigning clear guidelines and policies for companies to follow in order to cope with the corporate governance ethics and norms of either a certain city or globally. Over the years, the need for operational transparency in terms of business functions and trading has been on the rise because of the past scandals in the recent decades. Corporations working with a global perspective tend to be wary of the growing norms, thus, hiring professionals with experience in the sector. These are guidelines given by the International Standards of Organisations in various areas of the economy such as engineering, technology, telecommunications, medicine, banking and public administration services. Some of the essentials in regulatory compliance standards are:

•         Regulatory environment understanding
•         Practice regulations
•         Compliance policies and application

There are many streams of concentrations to choose from:

•         Internal auditing
•         External auditing
•         ISO 9001 courses

Course curriculum and certifications in compliance

The certifications in these courses vary depending on the level of learning and experience. The levels in intermediate are advanced certification in compliance (usually 6 months to 1 year), international advanced certificate in compliance, corporate governance, ethics and compliance and business regulations. Some of the important skills that candidates will learn are:

•         Principle and customer-focused approach on corporate governance
•         Cultural perspective in changing regulations and international business methodologies
•         Control framework of organisations
•         Decision-making strategies for policy formulation
•         Legal and environmental standards and requirement
•         Risk mitigation
•         Financial crime prevention

Course format and benefits

These courses are usually provided in traditional classroom settings in universities as well as through online resources. Online courses give distance learners the flexibility to attend the classes, exams, assessments and access materials anytime, anywhere and earn certifications at their own pace. Dubai gives a lot of professional opportunities to candidates in business and trading specialties working for global organisations.