Established in 2000, ACIIA is the international umbrella organisation for national and regional associations of investment professionals representing over 100'000 portfolio managers, analysts, investment advisers, asset managers and fund managers etc worldwide. Its role is to provide a flexible, internationally recognised qualification - Certified International Investment Analyst CIIA - which examines candidates at a high standard and in a practical fashion in the global and local topic areas that are necessary to pursue a career in the investment profession. In doing so, it strives to:
- Encourage and provide a forum for the creation and interchange of ideas and information in the finance and investment field
- Support and promote the interests of the investment community
- Promote ethical behaviour in the industry.
Since its inauguration, ACIIA membership has grown to thirty six associations worldwide. The members are spread throughout Asia, Europe, Central and South America, the Middle East and Africa and encompass a wide variety of languages, cultures and business customs.
CIIA recognition by FSP
In July 2007 the CIIA designation gained recognition from the Financial Skills Partnership in the United Kingdom as a Key 2 qualification. The ACIIA now has awarding body status and the CIIA qualification will be included on the appropriate examinations list for seven relevant activities that are regulated by the FSA (Financial Services Authority) in the UK.
The CIIA designation can be found in the examinations list by entering CIIA into the search table at the bottom of the page.
In the US the CIIA holders are recognised by PRMIA (Professional Risk Managers' International Association) as the equivalent of passing the first two required exams. LOMA, also headquartered in the US recognises the CIIA designation for Professional Achievement Credits (PACs) in its Fellow, Financial Services Institute (FFSI) Programme.
CIIA Retail Distribution Review (RDR) Compliant
The CIIA is recognised by the FSA in the UK as being an RDR compliant qualification in the following four activities defined in TC Appendix:
Activity No. 2
Advising on (but not dealing in) securities*
Activity No. 3
Advising on (but not dealing in) derivatives*
Activity No. 12
Advising on and dealing in securities*
Activity No. 13
Advising on and dealing with or for clients in derivatives
(* which are not stakeholder pension schemes or broker funds)
In order for a CIIA graduate to practice in the UK they need to have passed two modules such as those offered by The Chartered Institute for Securities & Investment CISI. There are two modules that cover the new UK content which are available under their Investment Advice Diploma:
- FSA regulation and professional integrity; and
- Investment, risk and taxation.
Both modules need to be completed to cover the UK element.
Download the ACIIA Brochure here.