• Saturday, April 20, 2024
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UK’s CISI, CIS expand MoU for global competitiveness

UK’s CISI, CIS expand MoU for global competitiveness

The Chartered Institute of Stockbrokers (CIS) and United Kingdom-based Chartered Institute for Securities and Investment (CISI) have deepened the scope of their Memorandum of Understanding (MOU) for enhanced global ethical and professional standard.

By the renewed MOU, stockbrokers are eligible to become members of CISI, subject to compliance with some requirements, including participation in the global body’s Continuing Professional Development (CPD) and membership. This is in addition to CIS’s membership and CPD requirement.

CIS Nigeria members will also be offered access to seven professional qualifications of CISI, all
of which will be examined by Computer Based Testing (CBT) in Lagos. They are Securities (Capital Markets Programme), Derivatives (Capital Markets Programme), Certificate in Corporate Finance, Risk in Financial Services, Global Financial Compliance, Combating Financial
Crime and Managing Cyber Security.

The computer based renewable integrity test, is one of the components of the Memorandum of Understanding (MOU) jointly singed by the Chartered Institute for Securities and
Investment (CISI) of the United Kingdom and Chartered Institute of Stockbrokers (CISI) in Nigeria.