Established in 2000, ACIIA is the international umbrella organisation for National and regional associations of investment professionals representing over 60'000 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 five associations worldwide. The members are spread throughout Asia, Europe, South America, Africa and encompass a wide variety of languages, cultures and business customs.
In July 2007 the CIIA designation gained recognition from the Financial Services Skills Council (FSSC) in the United Kingdom as a Key 2 qualification. The ACIIA had awarding body status and the CIIA qualification was included on the appropriate examinations list for seven relevant activities that were regulated by the FSA (Financial Services Authority) in the UK.
The CIIA plus a UK regulatory module is now included on the FSP’s quality assured qualifications list in the areas of advising on securities (e.g., equities and bonds) and advising on derivatives in the wholesale market place (see www.financialskillspartnership.org.uk)
The CIIA is recognised by the FCA (Financial Conduct Authority) in the UK as being an RDR compliant qualification in the following four activities:
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