The Financial Services Skills Council, in partnership with the International Compliance Association and industry firms and practitioners, have developed the first ever National Occupational Standards for those working in compliance, anti-money laundering and financial crime prevention in the UK.
As part of an industry wide initiative to develop best practice for staff working in compliance, AML and financial crime prevention across the entire financial services industry, the FSSC launched a consultation process on the standards. The project committee consulted widely with the industry, and took on board comments received during the consultation process, before submitting them for approval.
ICA qualifications have been mapped against the standards accordingly.
Download the reports below. You can also find out more about this project by visiting
www.fssc.org.uk
The Compliance and AML standards are due to be reviewed in 2010.
National Occupational Standards for Countering Financial Crime, February 2009National Occupational Standards for Anti Money Laundering, October 2006National Occupational Standards for Compliance, October 2006Overview of the Occupational Standards of Competence in Compliance and Anti Money LaunderingThis document summarises the project and the use of the standards.
ICA achieves a 'first' for the Standards of Competence in Compliance & AML
The ICA announces that its Compliance and Anti Money Laundering Diploma qualifications will be the first courses to be mapped to the Standards of Competence in Compliance and Anti Money Laundering.
Safeguarding Business Integrity, Occupational Standards for Compliance & Preventing Finl CrimJohn Randall's speech from the ICA Member's Assembly on the Skills Council and ICA project.