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Dubai Financial Services Authority aims to recruit top graduates from Careers UAE 2008

  • United Arab Emirates: Thursday, April 17 - 2008 at 13:27
  • PRESS RELEASE

The Dubai Financial Services Authority (DFSA), the sole independent regulator of all financial and ancillary services conducted through the Dubai International Financial Centre (DIFC), aims to recruit high performing graduates at the Careers UAE Fair to be held at the Dubai International Convention and Exhibition Centre from the 15-17th April.

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  • DFSA stand.
    DFSA stand.
By participating in the Careers UAE 2008, the DFSA aims to promote opportunities for Emiratis in financial services regulation. In order to ensure that the DIFC maintains its position as a world-class financial centre it is important to encourage graduates from the Emirates to gain knowledge of regulatory issues and how these affect the position and growth of Dubai and the UAE.

To reinforce this point, the DFSA has launched, 'Tomorrow's Regulatory Leaders', a strategic initiative to create sustainable opportunities in financial services regulation. The program aims is to recruit, develop and manage high performing graduate talent, providing them with an excellent range of developmental and training opportunities to enhance their career in the regulatory environment. There are currently nine individuals on the programme and the DFSA is looking to raise awareness of the programme at the Careers Fair and attract high calibre graduates.

The DFSA's regulatory mandate covers all aspects of financial services and therefore offers graduates a perspective of asset management, banking, securities, commodities futures trading, Islamic finance, insurance, an international equities exchange and an international commodities exchange.

David Knott, Chief Executive, DFSA said: "The Careers Fair will attract the best graduates from the Emirates and the DFSA aims to educate and recruit them on to our Leaders' programme. It is important that the UAE uses local talent to further the reputation of the financial centre. We are looking for the best and brightest students who are ready to become future regulators in Dubai and ensure the growth of the financial services sector as one of the best in the world."
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About DFSA

The Dubai Financial Services Authority (DFSA) is the sole independent regulator of all financial and ancillary services conducted through the Dubai International Financial Centre (DIFC), a purpose-built financial free zone in Dubai. The DFSA's regulatory mandate covers asset management, banking, securities, commodities futures trading, Islamic finance, insurance, an international equities exchange and an international commodities exchange.

David Knott was appointed Chief Executive of the DFSA on 1 June, 2005. He is a former Chairman of the Australian Securities and Investments Commission (ASIC) and was Chairman of the Technical Committee of the International Organisation of Securities Commissions (IOSCO). Other positions previously held by him include COO of the Australian Prudential Regulation Authority (APRA); CEO of Commonwealth Funds Management; CEO of the Australian Financial Institutions Commission (AFIC) and Director of the Australian Crime Commission.

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