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Training as a Key Principle for these Rules

No: 42019124 Date(g): 9/11/2020 | Date(h): 24/3/1442

Effective from 2020-11-09 - Nov 08 2020
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175.DTFCs should not assign staff in the process of account opening, maintaining, updating, monitoring and processing of the transactions before attending courses on KYC, anti-money laundering measures, and ethical and professional behavior of Financial Institution.
 
176.DTFCs should put in place continued training programs to provide on-job training to employees in these areas.
 
177.DTFCs should include in their training programs, extensive training on the contents of these Rules and their applications.