ACIFMA is a global trade organisation with over 8,000 international members across five continents, founded in Paris in 1955.
The agreement will see CISI’s 45,000 members and ACIFMA’s collaborate in the delivery of education tools to global financial markets through the use of mutual networks.
This would encompass qualifications, membership, ethics and continuing professional development (CPD) content as well as some ACIFMA programmes being treated as CISI equivalents for its Investment Operations Certificate.
Recognising international certificates
Candidates holding ACIFMA certificates will be able to receive the CISI one just by sitting the “International Introduction to Securities and Investment” exam.
However, to be able to do so members would need at least three years of relevant experience in the industry.
The arrangement would also recognise each other’s CPD content as counting to their members’ annual requirements.
Bruno Langfritz, chairman of ACIFMA, said: “We are entering in a new area of collaboration with CISI, the leading global organisation for examinations and qualifications.
“The main objectives of this partnership are the promotion of ethical conduct and integrity, which are in today’s world, two of the most critical topics for financial markets.”