Training in the Basics of Foreign Exchange

This focused session is designed for professionals looking to strengthen their knowledge of foreign exchange operations, regulatory compliance, and risk management.

Date: 17th April 2025

Time: 10:00 AM – 1:00 PM

Fee: AED 150/- per participant (Inclusive of VAT)

Language: English

Mode: Online

Targeted Industry

• Exchange House,
• Financial Companies
• DPMS

Who Should Attend?

• Frontline Staff in Exchange Houses & DPMS
• Compliance Officers in Exchange Houses
• Forex Traders & Dealers
• Risk & Compliance Officers
• Wealth Managers & Investment Advisors
• Treasury & Finance Professionals

Course Outline

• Introduction to Foreign Exchange
• Role of Exchange Houses in the UAE FX Market
• Understanding Currency Pairs and Exchange Rates
• FX Transactions and Settlement Process
• FX Settlement Methods (SWIFT, Correspondent Banks, Nostro/Vostro Accounts)
• Risks in Foreign Exchange Transactions
• Customer Due Diligence (CDD) and AML Compliance
• Real-Life Scenarios on FX Transactions and Compliance

Trainer

Mr. Pijush Das Partner GRC & Crowe UAE Academy

• Banker for 30 years at State Bank of India, Mumbai, Singapore and Fina bank Nairobi (Kenya)- Head of Treasury, Fund Manager, Credit Manager
• President and Sox Compliance Coordinator with Sify Technologies, Chennai, India for 6 years - Head of Investor Relations, Corporate Treasurer
• Senior Lecturer for 9 years with Emirates Institute of Banking and Financial Studies (EIBFS)