Membership
Membership
Membership is open to all those who are involved in financial services compliance either as a Compliance Officer, risk management, corporate governance, professional advisers (such as lawyers, accountants etc...) or those employed in a compliance department. Membership is personal and not transferable from one person to another. Reduced rates apply to retired and ordinary members.
Admission
Admission to membership is at the discretion of the Board and is subject to the provision of evidence of experience and qualifications to the satisfaction of Board.
Categories
There are five categories of membership of the Compliance Institute.
Associates : This category is currently under review.
Fellowship : This category is currently under review.
Ordinary are members of the Compliance Institute who wish to participate in the basic benefits of membership but without insurance, confidential regulatory advice, voting rights or other discounts.
Retired Members are those over the age of fifty years who are no longer working in any occupation directly or indirectly involved with compliance and opt for retired status.
Honorary Members may be elected by the Board in recognition of their services to the Institute. Honorary Members are not required to contribute to the funds of the Institute.
Further information or accreditation of additional qualifications and experience is available from the Compliance Institute on application.
Experience
A guide to the experience the Board will recognise as appropriate experience for applicants with acceptable academic or professional qualifications for the status indicated appears below. The guide should not be regarded as exhaustive or complete. The Board will consider accreditation or other suitable experience upon application.
and
Certification by the applicant's firm's Chief Executive or Compliance Officer that the applicant is of sufficient competence and experience and has materially and beneficially contributed to the compliance culture of the firm.