Dubai Judicial Institute launches special training program for Emirates Securities & Commodities Authority employees

Press release
Published April 6th, 2011 - 12:53 GMT

Al Bawaba
Al Bawaba

Dubai Judicial Institute (DJI), a leading center of law studies and judicial training in Dubai, recently launched a takeover and merger training program tailored for the Emirates Securities and Commodities Authority (ESCA). The initiative is part of a new series of high-quality programs the institute intends to offer to the authority, which will also include training on the inspection of financial violations in the securities market as well as a three-level legal English skills testing system (TOLES) program for judges.  

The collaboration with ESCA aligns with DJI’s strategic plan, training philosophy and comprehensive methodology geared towards new programs developed according to the highest international standards. It also reflects the institute’s focus on implementing curricula based on adult learning principles and leveraging the best methodologies and training techniques to qualify staff with the high levels of experience and knowledge necessary to address local, regional and international challenges and trends. DJI will implement the programs prepared for the Authority based on the best legal practices and concepts in order to promote excellence and a culture of creativity and innovation.

Commenting on the new program, Dr. Judge Jamal Al Sumaiti, Director General of DJI, said: “We are always eager to enter into new and strong relationships with leading government authorities in Dubai to help realize the vision and directives of H.H. Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, specifically the focus on the exchange of the best information and expertise to further enhance the emirate’s global stature. Our collaboration with ESCA aims to provide its employees with highly transparent and comprehensive training programs. This will lead to the development of sound legal practices covering financial services and anti- money laundering that reinforce local security, one of the key objectives of the Dubai Strategic Plan 2015. We are pleased to have initiated this cooperative initiative with the Authority and look forward to providing more training programs to support ESCA’s unique needs in the long run. We would like to take this opportunity to reaffirm our commitment to cooperating more closely with all government entities involved with Dubai’s legal system in order to sustain excellence at all levels.”

Background Information

Dubai Judicial Institute

The Institute was established by law No.(1) -1996  issued by HH Ruler of Dubai, amended by law No. 27- 2009 (13 Ramadan 1430h)

 

The Institute is a public institute exercising in entity the legal capacity to practice and carry out its designated purpose and goals. As an extension of  HH Ruler of Dubai's Cabinet/Office.

The Institute was established by law No.(1) -1996  issued by HH Ruler of Dubai, amended by law No. 27- 2009 (13 Ramadan 1430h)

The Institute is a public institute exercising in entity the legal capacity to practice and carry out its designated purpose and goals. As an extension of  HH Ruler of Dubai's Cabinet/Office.
 

Emirates Securities and Commodities Authority

​On January 29, 2000 HH UAE President issued a federal decree to set up a public authority in the UAE's capital, which was called "Securities and Commodities Authority." The Authority enjoyed a legal entity, financial and administrative independence with the control and executive powers necessary for it to discharge its tasks in line with the provisions of this law and the regulations issued in implementation thereof, noting that the authority reported to the minister.

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