The ICMA Centre at the Henley Business School, The Chartered Institute for Securities and Investment (CISI) and the Financial Industry Regulatory Authority (FINRA) of the US have announced that they have joined forces to support and enhance education, training and certification in financial compliance.
The CISI is the largest and most widely respected professional body for those who work in the securities and investment industry in the UK and abroad. It has developed a suite of well recognised and supported programmes centered around product knowledge and regulation to support practitioners in the financial services industry.
Since 2006, the ICMA Centre and FINRA have developed and offered a highly regarded Diploma in Capital Markets Regulation and Compliance aimed at mid-level securities professionals. With the development of the CISI’s Diploma in Investment Compliance, the industry was faced with two seperately recognised routes to certification, and it was agreed that, by joining forces, the parties can work together to enhance the professional credentials of capital market practitioners in the UK better.
The agreement will mean that those who have already achieved the Diploma in Capital Markets Regulation and Compliance will become members of the CISI and those with a partially completed qualification will receive appropiate exemptions from the jointly supported Diploma in Investment Compliance. In addition, the ICMA Centre will work with the CISI to deliver advanced certification for those who have completed the Diploma in Investment Compliance and whose needs are for expanded coverage of topics required by senior compliance staff on financial institutions. Additional details will be published at cisi.org in the future.
In announcing this new collaboration, Simon Culhane, Chartered FCSI and CEO of the CISI said: “We are very pleased to be working with the ICMA Centre and FINRA – two highly respected institutions that have a long history in capital markets education and training.”
About the ICMA Centre
The ICMA Centre at Henley Business School, University of Reading has an international reputation for being the premier institution in Europe for academic and executive education for financial markets, including studies into investment management,corporate finance leading to students attaining their financial degrees.