The Chartered Institute for Securities & Investment (CISI) and the Dutch Securities Institute (DSI) have signed an MoU to increase opportunities for cooperation between their organisations through a programme of collaboration.
The DSI is an independent foundation which promotes and monitors the integrity and reliability of financial services providers and compliance professionals that have met with the standards of screening, integrity and educational requirements. It does this by granting a DSI registration to more than 6000 qualified experts who must also subscribe to the DSI code of conduct.These professionals are then entered into a public register on www.dsi.nl.
The CISI has a 40,000 global membership and is the professional body which sets examinations and offers qualifications for those working or looking to establish a career in the wealth management and capital markets industry. It helps its members attain, maintain and develop their knowledge and skills and to promote the highest standards of ethics and integrity in the securities and investment industry.
Based in the City of London, the CISI is a global organisation with representative offices in financial centres such as Dublin, Singapore, Dubai, Mumbai and Colombo. The CISI works in close cooperation with regulators, firms and other professional bodies worldwide.
The Agreement notes areas of cooperation to include professional development, career partnering and industry standards and professionalism.
The DSI is the first professional organisation in northern Europe with which the CISI has aligned itself to date.
Kevin Moore, CISI Director of Global Business Development said: “We are very pleased to have agreed a programme of cooperation between ourselves and the DSI. There are many areas of mutual interest particularly industry standards, professionalism, integrity and ethics. There will also be areas of best practice which we can share and develop going forward, including improving the portability prospects of financial services practitioners working in our respective countries.”
Jerry Brouwer, Managing Director of DSI said: “In the CISI we found an organisation which shares the same ideas about integrity and professional standards in the financial industry. Mutual recognition of exams can be helpful for financial experts and can also create international standards of professionalism in the sector.”