The University of Nicosia is training members of the Dubai Police in combating financial crimes involving digital assets.
It said the Institute For the Future (IFF) of the University of Nicosia collaborated with the Dubai Police (GHQ), the General Department of Criminal Investigations and the General Department of Human Resources for the “Financial Investigations for Digital Assets” diploma programme.
“The training of Dubai Police members through this programme aims to enhance the expertise and capability of Dubai Police officers in combating financial crimes involving digital assets,” a UNIC statement said.
The Dubai Police announced the programme launch during the second World Police Summit, held at the Dubai World Trade Centre.
The “Financial Investigations for Digital Assets” programme is launched within the framework of the Memorandum of Cooperation signed between the IFF and the Dubai Police in November 2021.
Its objective is to strengthen coordination and partnership in areas of mutual interest, such as the practical application of blockchain and the use of digital currencies in law enforcement.
Commenting on the launch of the new Diploma programme, 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.
Criminals have become more skilled at carrying out illegal 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.
“This diploma enhances the Force’s efforts to combat emerging crimes and proactively prepare for any evolution of criminal tactics,” Al Jallaf said.
The diploma programme covers an introduction to blockchain technology and digital assets, an assessment of digital asset characteristics, the methods of detecting and analyzing suspicious transactions in digital currencies, strengthening the capacity to manage and recover digital assets, the assessment of money laundering techniques using digital currencies, and the detection of illegal financial transactions.
In addition, the programme presents and analyses practices and procedures used by judicial authorities to seize and recover assets.
It also analyzes the risk of money laundering for illegal cryptocurrency activities.
