The Chartered Institute for Securities & Investment (CISI) has announced a partnership with the Sri Lanka Foundation (SLF) based in Colombo.
This institutional collaboration is expected to lead to the implementation of CISI’s certificate courses in Global Financial Compliance and Combating Financial Crime in the interest of the financial industry specifically in the area of preventing financial crime.
The Sri Lanka Foundation is one of the foremost and pioneering adult education centres in Sri Lanka, an affiliated institute under the purview of Presidential Secretariat, also proudly in a strategic partnership with Open University of Sri Lanka, AMCHAM and SLIM.
Sri Lanka Foundation shares the pride of being the only Educational Institute that bears unique distinction of having incomparable facilities for any type of educational activity.
The CISI is the largest and most widely respected professional body for those who work in the investment industry.
Every year over 40,000 examinations are taken in more than 50 countries around the world by candidates who are employed by 92% of the world’s top banks.
In addition to offering its acclaimed financial qualifications to students and industry professionals alike, CISI’s Colombo office also serves as an administrative hub for the Middle East and South East Asia region.
The CISI’s Combating Financial Crime qualification has been developed to tackle the financial crime agenda, take a global view of transnational crime and incorporates the Bribery Act (2010).
It has considerable input from international specialists including expert practitioners from leading global financial firms such as HSBC, PwC and the Dubai Financial Services Authority.
The CISI Global Financial Compliance qualification provides candidates with a broad understanding of the compliance issues that arise within the financial services industry and is particularly aimed at compliance officers and all compliance staff.
It covers all key aspects of compliance and is globally portable.
Further information on both these CISI qualifications can be obtained from cisi.org.
Sri Lanka Foundation Chairman Dr. Ranjith Bandara speaking on this occasion said: “The needs and the wants of education has evolved.
The world had become more complex and it is the duty of the educational institutes to understand the evolution and offer education that will directly assist the countries development process.
Combating financial crime has become a critical need in the financial industries as more and more non traditional and innovative financial tools will evolve as a vital part of the modern development process.”
“Sri Lanka Foundation, which also has a sound research arm doing constant assessments in the economic socio environments, has always made an effort to introduce new educational programs.
The partnership with CISI is another vital progress in this direction and soon this partnership will bring in to light solid academic course out lines in the area of combating financial crime,” he added.
CEO of CISI Simon Culhane, Chartered FCSI, said: “We are very pleased to be working with the Sri Lanka Foundation in helping Sri Lankan candidates to achieve core competence and foster strong careers in sectors such as capital markets, investment banking and wealth management.
With the Sri Lankan financial market growing at a rapid pace there is need to develop a pool of skilled individuals who can meet the demand from financial firms and stockbrokers as the market expands.”