Diploma in ‘Financial Investigations for Digital Assets’ launched

DUBAI: The Dubai Police General Command, represented by the Gen. Dept. of Criminal Investigation and the Gen. Dept. of Human Resources, has officially launched a Diploma in ‘Financial Investigations for Digital Assets’, in cooperation with the University of Nicosia (UNIC), to qualify participants in the field of combating financial crimes and digital assets and hone their professional skills and capabilities.

This came on the sidelines of the second edition of the World Police Summit, which concluded its work at the Dubai World Trade Centre after three days full of sessions and workshops.

They discussed the current challenges facing police forces and the latest technological advancements, strategies, and innovations across the law enforcement and security spectrum, as well as the leading global challenges facing the efforts to combat crime and maintain safety and security, with the attendance of more than 200 experts in police and law enforcement.

His Excellency Major General Jamal Salem Al Jallaf, Director of the General Department of Criminal Investigation, said that crimes could take many forms and are constantly evolving, and criminals have become more skilled at carrying out criminal activities, especially those associated with technology.

“This requires effective responses grounded in continuing to develop the security and operational system in cooperation with partners and institutions from government and private sectors to unify efforts and attain our common objectives of enhancing the security of societies,” he continued.

“This diploma enhances the Force’s efforts to combating emerging crimes and proactive preparation for any evolution of criminal tactics,” Al Jallaf added.

Dr. Major General Saleh Abdulla Murad, Director General of Gen. Dept. of Human Resources, said that the diploma comes within the framework of the Force’s keenness to train and qualify human cadres and refine their expertise with advanced and up-to-date training programmes through establishing partnerships with most prestigious educational institutions in the world.

Dr Charis Savvides, Professor at the University of Nicosia (UNIC) and Acting Director of the UNIC Institute For the Future, said: “The structure and content of this program is the result of our close and fruitful cooperation with Dubai Police; a true visionary of technological innovation in policing and crime fighting. The training program will be implemented by two leading Institutes of the University of Nicosia: The Institute For the Future (IFF) and the Institute of Public, Cyber and National Security (IPCNS).

“The courses, which are addressed to police investigators, prosecutors, judges and other officials of the criminal justice system, are delivered by experts in the field, including practitioners in the areas of law and police investigation,” he added.

Diploma Content

Major Saud Al Mutawa, Head of the Virtual Assets Section at the General Department of Criminal Investigation, said that the diploma targets investigators and specialists in combating financial crimes involving virtual assets, such as money laundering, extortion, tax evasion, and pyramid schemes.

He indicated that the diploma features several topics including, blockchain and cryptocurrency, evaluating characteristics of digital assets, identifying and analysing suspicious crypto transactions, enhancing capacity to manage and recover digital asset, assessing money laundering techniques using virtual currencies, detecting illegal financial transactions, judiciary steps for confiscation and asset recovery, and risks of money laundering in cryptocurrencies.