The Chartered Institute for Securities & Investment (CISI) has announced that it is introducing mandatory continuing professional development (CPD) for its global membership as part of its ongoing commitment to professionalism and integrity.
The new CPD policy, effective 1 April 2017, will apply to all CISI members, both existing and new, working across every financial services specialism included in the professional body's remit.
The aim of the new CPD policy is to ensure that CISI members located across 116 countries, will be unified in meeting the same CPD requirements to demonstrate professionalism and competence.
The CISI has stipulated that:
- All CPD must be relevant to the member’s current role and any anticipated changes to that role.
- All CPD recorded as ‘Structured’ is required to be evidenced
- Learning objectives and learning outcomes must be completed for all CPD activities, demonstrating what has been learnt and its relevance to the role.
Simon Culhane, Chartered FCSI and CISI Chief Executive said:
‘We are introducing these new CPD requirements to ensure that all our members, no matter what membership grade they are, job role they hold or jurisdiction they are working in, will be unified by meeting strict annual CPD standards.
Our aim is to help our members demonstrate to consumers and the industry that they are committed to the highest standards of professionalism and integrity.’