Appropriate qualification tables Unless otherwise indicated all qualifications are valid if awarded by examination only Key for the qualification tables for activity numbers 2, 3, 4, 6, 12 and 13

a

Meets full qualification requirement up to and after 1 January 2013

b

Meets full qualification requirement up to 31 December 2012; and after 1 January 2013 when combined with qualification gap-fill. This gap-fill constitutes additional structured continuing professional development, which need not be by examination, completed and verified by an accredited body by 31 December 2012

c

Meets full qualification requirement up to 31 December 2012

d+e

Meets full qualification requirement up to 31 December 2012

Hyperlinks to qualification tables • Advising on (but not dealing in) securities (which are not stakeholder pension schemes or broker funds) • Advising on (but not dealing in) Derivatives • Advising on Packaged Products (which are not broker funds) and Friendly Society tax-exempt policies • Advising on, and dealing in Securities (which are not stakeholder pension schemes or broker funds) • Advising on and dealing with or for clients in Derivatives

Qualification table for : Advising on (but not dealing in) securities (which are not stakeholder pension schemes or broker funds) – Activity number 2 in TC Appendix 1.1.1R Qualification Certified International Wealth Manager Chartered Financial Analyst Program Level 1 plus Investment Management Certificate (Level 4 certificate) (post-2010 exam standards) Chartered Financial Analyst plus Unit 1 of the Investment Management Certificate (Level 4

Qualification provider Association of International Wealth Managers CFA Institute/ CFA Society of UK

Key a a

CFA Institute/ CFA Society of UK

a

certificate) (post-2010 exam standards) Investment Management Certificate (Level 4 certificate) (post-2010 exam standards) plus other qualifications that meet specialist standards for advising on securities Chartered Financial Analyst plus Unit 1 of the Investment Management Certificate (pre-2010 exam standards) Chartered Financial Analyst Program Level 1 plus Investment Management Certificate (pre2010 exam standards) Investment Management Certificate Fellow by examination Associate Investment Advice Diploma (where candidate holds 3 modules including the securities module) Masters in Wealth Management (Post 2010 examination standards) Masters in Wealth Management (pre 2010 examination standards) Certificate in Private Client Investment Advice and Management Certificate in Private Client Investment Advice and Management (attained through competency interview and presentation only) Diploma (where candidate holds 3 modules as recommended by the firm) Investment Advice Certificate Member of the Securities Institute (MSI Dip) (where candidate holds 3 modules as recommended by the firm) Certificate in Securities Certificate in Investment Management Level 6 Diploma in Wealth Management Securities Institute Level 3 Certificate in

CFA Institute/ CFA Society of UK

a

CFA Institute/ CFA Society of UK

b

CFA Institute/ CFA Society of UK (Formerly United Kingdom Society of Investment Professionals/ Institute of Investment Management and Research)

b

CFA Institute/ CFA Society of UK (Formerly United Kingdom Society of Investment Professionals/ Institute of Investment Management and Research) CFA Society of UK (Formerly United Kingdom Society of Investment Professionals/ Institute of Investment Management and Research) CFA Society of UK (Formerly United Kingdom Society of Investment Professionals/ Institute of Investment Management and Research) The Chartered Institute for Securities & Investment

c

The Chartered Institute for Securities & Investment

a

The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute)

b

The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute)

b

The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute)

b

The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute)

b

The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute)

b b

The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) The Chartered Institute for Securities and Investment (Formerly the Securities and Investment Institute) The Chartered Institute for Securities and Investment (Formerly the Securities and Investment Institute)

c c c c

b b a

Investments (Investment Management) Securities Institute Level 3 Certificate in Investments (Securities) Securities Institute Level 3 Certificate in Investments (Securities and Financial Derivatives) Certificate in Securities and Financial Derivatives – Retail SFA Securities Representatives Examination Fellow or Associate Registered Representative Full Membership Exams – where candidates hold all 3 papers or have both the Stock Exchange Practice and Techniques of Investment papers BA (Hons) Financial Services, Planning and Management TSA Registered Representative Examinations BA in Accounting and Finance BA in Finance MSc in Finance MSc in International Accounting and Finance (where candidates hold modules as recommended by the firm) MSc in Investment Analysis ACI Dealing Certificate ACI Diploma Secondary Examination Diploma Certified International Investment Analyst (CIIA) Canadian Securities course plus Conduct and Practices Handbook Investment Practice version of the Investment Management Certificate Securities Institute Level 3 Certificate in Investments (Investment Management) – Unit 5

The Chartered Institute for Securities and Investment (Formerly the Securities and Investment Institute)

c

The Chartered Institute for Securities and Investment (Formerly the Securities and Investment Institute)

c

The Chartered Institute for Securities and Investment (Formerly the Securities and Investment Institute)

c

The Chartered Institute for Securities and Investment (Formerly the Securities and Investment Institute)

c

Faculty or Institute of Actuaries London Stock Exchange (records now kept by The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute)).

a b

Manchester Metropolitan University

a

The Securities Association (now The Chartered Institute for Securities and Investment (Formerly the Securities and Investment Institute)) University of Stirling University of Stirling University of Stirling University of Stirling

c

University of Stirling ACI ACI Analyst Association of Japan Association of Belgian Financial Analysts The Association of Certified International Investment Analysts (ACIIA)

b d d d d d

Canadian Securities Institute

d

CFA Society of UK (Formerly United Kingdom Society of Investment Professionals / Institute of Investment Management and Research) The Chartered Institute for Securities and Investment (Formerly the Securities and Investment Institute)

d

b b b b

d

Securities Institute Level 3 Certificate in Investments (Securities) plus Securities Institute Level 3 Certificate in Investments (Derivatives) – Unit 3 Certified European Financial Analyst Series 7 – General Securities Representative Examination Certificate in Financial Markets Diploma of Financial Markets Examination International Fixed Income and Derivatives (IFID) Certificate Programme Registered Representative Examination Registered Stock Broker Promotore Finanziario Examination Membership Examination Registered Representative of Public Securities Examination (pre-April 1990) Representative of Public Securities Qualification – Class 1 Representative of Public Securities Examination (pre- April 1990) Representative of Public Securities Qualification – Type 1 Trainee Dealers Representative Examination Elementary, Intermediate and International Capital Markets course Certificate Examination International Capital Markets Qualification (including the Fixed Interest and Bond Markets Module) Dealers Representative Examinations Ordinary and Senior Certificates Unit 1 – UK Regulation and Markets Diploma – Regulation and Compliance Paper Unit 1 – Financial Regulation

The Chartered Institute for Securities and Investment (Formerly the Securities and Investment Institute)

d

EFFAS Societies with accredited examinations Financial Industry Regulatory Authority (FINRA) – Formerly the National Association of Securities Dealers (NASD) Financial Services Institute of Australasia (Formerly the Securities Institute of Australia) Financial Services Institute of Australasia (Formerly the Securities Institute of Australia) French Society of Investment Analysts ICMA Centre / University of Reading (Formerly ISMA Centre / University of Reading)

d d

Irish Stock Exchange / Dublin City University The Irish Stock Exchange Italian Exchange Johannesburg Stock Exchange Japanese Bankers Association

d d d d d

Japanese Bankers Association

d

Japanese Securities Dealers Association

d

Japanese Securities Dealers Association

d

Kuala Lumpur Stock Exchange Korea Securities Trading Institute

d d

New Zealand Stock Exchange NIBE SVV The Dutch Institute for the Banking, Insurance and Stockbroking Industry Securities Institute/ South African Institute of Financial Markets

d d d

Singapore Exchange South African Institute of Financial Markets CFA Society of UK (Formerly United Kingdom Society of Investment Professionals / Institute of Investment Management and Research) The Chartered Institute for Securities and Investment (Formerly the Securities and Investment Institute) The Chartered Institute for Securities and Investment (Formerly the Securities and Investment Institute)

d d e

d d d d

e e

Unit 6 – Principles of Financial Regulation Investment Administration Qualification – IMRO Regulatory Environment Module Investment Administration Qualification – SFA Regulatory Environment Module Securities and Investment Institute – Unit 1 Financial Regulation – (Formerly the Securities Institute Regulatory Paper) Investment Administration Qualification – Unit 2 FSA Regulatory Environment – (Formerly the Investment Administration Qualification – Regulatory Environment Module) Investment Advice Certificate – Paper 1 SFA Registered Persons Examination – Section 1 (Regulation)

The Chartered Institute for Securities and Investment (Formerly the Securities and Investment Institute) The Chartered Institute for Securities and Investment (Formerly the Securities and Investment Institute)

e e

The Chartered Institute for Securities and Investment (Formerly the Securities and Investment Institute)

e

The Chartered Institute for Securities and Investment (Formerly the Securities and Investment Institute)

e

The Chartered Institute for Securities and Investment (Formerly the Securities and Investment Institute)

e

The Chartered Institute for Securities and Investment (Formerly the Securities and Investment Institute) The Chartered Institute for Securities and Investment (Formerly the Securities and Investment Institute)

e e

Qualification table for : Advising on (but not dealing in) Derivatives – Activity number 3 in TC Appendix 1.1.1R Qualification Qualification Provider Certified International Wealth Manager Association of International Wealth Managers Chartered Financial Analyst plus Unit 1 of the CFA Institute/ CFA Society of UK Investment Management Certificate (Level 4 certificate) (post-2010 exam standards) Investment Management Certificate (Level 4 CFA Institute/ CFA Society of UK certificate) (post-2010 exam standards) plus other qualifications that meet RDR specialist standards for securities Chartered Financial Analyst plus Unit 1 of the CFA Institute/ CFA Society of UK Investment Management Certificate (pre-2010 exam standards) Chartered Financial Analyst Program Level 1 CFA Institute/ CFA Society of UK (Formerly United Kingdom Society of Investment Professionals/ Institute plus Investment Management Certificate (Level of Investment Management and Research) 4 certificate) (post-2010 exam standards) Chartered Financial Analyst Program Level 1 CFA Institute/ CFA Society of UK (Formerly United Kingdom Society of Investment Professionals/ Institute plus Investment Management Certificate (pre- of Investment Management and Research) 2010 exam standards) Associate CFA Society of UK (Formerly United Kingdom Society of Investment Professionals/ Institute of Investment Management and Research) Investment Management Certificate CFA Society of UK (Formerly United Kingdom Society of Investment Professionals/ Institute of Investment Management and Research) CFA Society UK (Formerly United Kingdom Society of Investment Professionals/Institute of Investment Fellow by examination Management and Research) Masters in Wealth Management (post 2010 The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) examination standards) Investment Advice Diploma The Chartered Institute for Securities & Investment Member of the Securities Institute (MSI Dip) The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) (where candidate holds 3 modules as recommended by the firm) Masters in Wealth Management (pre 2010 The Chartered Institute for Securities & Investment examination standards) Diploma (where candidate holds 3 modules as The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) recommended by the firm) Certificate in Private Client Investment Advice The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute)

Key a a

a

b

a

b

b c b a a b

b b b

and Management Certificate in Private Client Investment Advice and Management (attained through a CISI competency interview and presentation only) Investment Advice Certificate Certificate in Derivatives Certificate in Financial Derivatives Certificate in Investment Management Level 6 Diploma in Wealth Management Certificate in Securities and Financial Derivatives Securities Institute Level 3 Certificate in Investments (Derivatives) Securities Institute Level 3 Certificate in Investments (Investment Management) Securities Institute Level 3 Certificate in Investments (Securities & Financial Derivatives) SFA Futures and Options Representative Examination SFA Securities and Financial Derivatives Representative Examination SFA Securities Representative plus Financial Derivatives Module Advanced Financial Planning Certificate (must include a pass in G70 paper) Associate or Fellow (life and pensions route only) Fellow or Associate Registered Representative Full Membership Exams – where candidates hold all 3 papers or have both the Stock Exchange Practice and Techniques of Investment papers BA (Hons) Financial Services, Planning and Management TSA Registered Representative Examinations International Capital Markets Qualification (ICMQ) including a pass in Futures, Options and other Derivative Products paper

The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) b The Chartered Institute for Securities and Investment (Formerly the Securities & Investment Institute) The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) The Chartered Institute for Securities and Investment (Formerly the Securities and Investment Institute) The Chartered Institute for Securities and Investment (Formerly the Securities and Investment Institute)

b c c c c c

The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

c

The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

c

The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

c

The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

c

The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

c

The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

c

Chartered Insurance Institute

c

Chartered Insurance Institute

c

Faculty or Institute of Actuaries London Stock Exchange (records now kept by The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute)).

a b

Manchester Metropolitan University

a

The Securities Association

c

Securities Institute/South African Institute of Financial Markets

c

BA in Finance and Accounting MSc in Finance MSc in International Accounting and Finance (where candidates hold modules as recommended by the firm) MSc in Investment Analysis ACI Dealing Certificate ACI Diploma Secondary Examination Certified International Investment Analyst (CIIA) Chartered Financial Analyst Investment Practice paper of the Investment Management Certificate Securities Institute Level 3 Certificate in Investments (Investment Management) – Unit 5 Diploma including passes in both the Australian Futures Trading and Options papers International Fixed Income and Derivatives (IFID) Certificate Programme Registered Representative of Public Securities Examination (pre April 1990) Representative of Public Securities Qualification – Class 1 Representative of Public Securities Examination (pre April 1990) Representative of Public Securities Qualification – Type 1 Series 3 – Futures Representative Examination Examination Examination Singapore Exchange Futures Trading Test Registered Representative Examination Diploma – Regulation and Compliance Paper Investment Administration Qualification – IMRO Regulatory Environment module Investment Administration Qualification – SFA Regulatory Environment module

University of Stirling University of Stirling

b b

University of Stirling

b

University of Stirling ACI ACI Analyst Association of Japan The Association of Certified International Investment Analysts (ACIIA)

b d d d d

CFA Institute CFA Society UK (Formerly United Kingdom Society of Investment Professionals/Institute of Investment Management and Research)

d

The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

d

Financial Services Institute for Australasia (Formerly the Securities Institute of Australia)

d

ICMA Centre / University of Reading (Formerly ISMA Centre / University of Reading)

d

d

Japanese Bankers Association

d

Japanese Bankers Association

d

Japanese Securities Dealers Association

d

Japanese Securities Dealers Association

d

National Futures Association NIBE SVV the Dutch Institute for Banking, Insurance and Stockbroking Industry Norwegian Society of Financial Analysts Singapore Institute of Banking and Finance Sydney Futures Exchange The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

d d d d d e

The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

e

The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

e

Investment Administration Qualification – Unit 2 FSA Regulatory Environment (Formerly the Investment Administration Qualification – Regulatory Environment module) Investment Advice Certificate – Paper 1 Securities & Investment Institute – Unit 1 Financial Regulation (Formerly the Securities Institute Regulatory Paper) SFA Registered Persons Examination – Section 1 (Regulation) Unit 1 – Financial Regulation Unit 1 – UK Regulation and Markets Unit 6 – Principles of Financial Regulation

The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

e

The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

e

The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

e

The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

e

The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute) CFA Society of UK (Formerly United Kingdom Society of Investment Professionals/ Institute of Investment Management and Research) The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

e e e

Qualification table relating to : Advising on Packaged Products (which are not broker funds) and Friendly Society tax-exempt policies - Activity Numbers 4 and 6 in TC Appendix 1.1.1 R Qualification Qualification Provider Key BA in Financial Services (1995 to 2001) Bournemouth University b MA in Financial Services (1995 to 2001) Bournemouth University b Post Graduate in Financial Services (1995 to 2001) Bournemouth University b Diploma in Professional Financial Advice Calibrand/Scottish Qualifications Authority a Diploma in Investment Planning (Existing Adviser) Chartered Institute of Bankers in Scotland a Post 2010 examination standards Diploma in Investment Planning (New Adviser) Post Chartered Institute of Bankers in Scotland a 2010 examination standards Diploma in Investment Planning (Retail Banking) Chartered Institute of Bankers in Scotland a (New Adviser) Post 2010 examination standards Diploma in Investment Planning (Retail Banking) Chartered Institute of Bankers in Scotland a (Existing Adviser) Post 2010 examination standards Associate (March 1992 to July 1994 syllabus Chartered Institute of Bankers in Scotland b (including top-up test)) Associate (post August 1994 syllabus) Chartered Institute of Bankers in Scotland b Certificate in Investment Planning Chartered Institute of Bankers in Scotland b Chartered Banker (where candidates hold UK Financial Chartered Institute of Bankers in Scotland b Services and Investment modules) Diploma in Investment Planning (current) Chartered Institute of Bankers in Scotland b Certificate in Financial Planning (Post 17/09/2004) Chartered Institute of Bankers in Scotland c Masters in Wealth Management (pre-2010 exam The Chartered Institute for Securities & Investment b standards) Masters in Wealth Management (Post 2010 The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) a examination standards) Investment Advice Diploma The Chartered Institute for Securities & Investment a Investment Advice Certificate The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute) b Certificate in Private Client Investment Advice and The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) b Management (attained through competency interview and presentation only) Certificate in Private Client Investment Advice and The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) b Management Diploma (where candidates hold 3 modules as The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) b

recommended by the firm) Member of the Securities Institute (MSI Dip) (where candidate holds 3 modules as recommended by the firm) Level 6 Diploma in Wealth Management Regulated Diploma in Regulated Financial Planning Diploma in Regulated Financial Planning (attained through a CII alternative assessment day) Advanced Diploma in Financial Planning Advanced Financial Planning Certificate Associate (ACII) (where candidate holds appropriate life and pension modules) Associate (ALIA Dip) Diploma in Financial Planning Fellow (FCII) (where candidates hold appropriate life and pensions modules) Certificate in Financial Planning Financial Planning Certificate (No new registrations after 17/12/2004) Fellow (FLIA Dip) Fellow or Associate FSSC Advanced Apprenticeship in Advising on Financial Products (Financial Advice Pathway) Associate (where candidate has passed the investment module) Diploma for Financial Advisers (pre 2010 examination standards) Professional Investment Certificate Diploma for Financial Advisers (post 2010) Certificate for Financial Advisers (Post 1/11/2004) Certificate for Financial Advisers (Pre 31/10/2004) Professional Certificate in Banking (PCertB) (where candidate has passed the Practice of Financial Advice module) Certified Financial Planner Fellowship BA (Hons) Financial Services, Planning and Management

The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) b The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) Chartered Insurance Institute

c a

Chartered Insurance Institute

a

Chartered Insurance Institute Chartered Insurance Institute Chartered Insurance Institute

b b

Chartered Insurance Institute Chartered Insurance Institute Chartered Insurance Institute

b b

Chartered Insurance Institute

c

Chartered Insurance Institute

c

Chartered Insurance Institute Faculty or Institute of Actuaries

b a

b

b

c Ifs ifs School of Finance (Formerly the Chartered Institute of Bankers) Ifs ifs School of Finance (Formerly the Chartered Institute of Bankers)

b b

Ifs ifs School of Finance (Formerly the Chartered Institute of Bankers) Ifs ifs School of Finance (Formerly the Chartered Institute of Bankers) Ifs ifs School of Finance (Formerly the Chartered Institute of Bankers) ifs ifs School of Finance (Formerly Chartered Institute of Bankers)

b a e e

ifs ifs School of Finance (Formerly Chartered Institute of Bankers)

a

Institute of Financial Planning Institute of Financial Planning

b b

Manchester Metropolitan University

a

BA in Financial Services (1995 to 2001) MA in Financial Services (1995 to 2001) Post Graduate in Financial Services (1995 to 2001) BA in Finance BA in Finance and Accounting BA in Financial Services (1995 to 2001) MA in Financial Services (1995 to 2001) Post Graduate in Financial Services (1995 to 2001) Certificate in Investment Planning Paper 1 (Pre 31/10/2004) Certificate in Investment Planning (Post 17/09/2004) Certificate in Investment and Financial Advice – Paper 1 Investment Advice Certificate Paper 1 Financial Planning Certificate – Paper 1 Certificate in Financial Planning – Paper 1 Certificate for Financial Advisers – Paper 1 (Post 1/11/2004) Certificate for Financial Advisers Paper 1 (Pre 31/10/2004) Certificate in Mortgage Advice and Practice (CeMAP) – Paper 1 (Pre 31/10/2004)

Sheffield Hallam University Sheffield Hallam University Sheffield Hallam University University of Stirling University of Stirling University of the West of England University of the West of England University of the West of England

b b b b b b b b

Chartered Institute of Bankers in Scotland

e

Chartered Institute of Bankers in Scotland

e

The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

e

The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute) Chartered Insurance Institute Chartered Insurance Institute Ifs ifs School of Finance (Formerly the Chartered Institute of Bankers)

e e e e

ifs ifs School of Finance (Formerly the Chartered Institute of Bankers)

e

ifs ifs School of Finance (Formerly the Chartered Institute of Bankers)

e

Qualification table for : Advising on, and dealing in Securities (which are not stakeholder pension schemes or broker funds) – Activity number 12 in TC Appendix 1.1.1R Qualification Qualification Provider Key Certified International Wealth Manager Association of International Wealth Managers a Chartered Financial Analyst Program Level 1 plus CFA Institute/ CFA Society of UK (Formerly United Kingdom Society of Investment Professionals/ a Investment Management Certificate (Level 4 Institute of Investment Management and Research) certificate) (post-2010 exam standards) Chartered Financial Analyst plus Unit 1 of the CFA Institute/ CFA Society of UK a Investment Management Certificate (Level 4 certificate) (post-2010 exam standards) Investment Management Certificate (Level 4 CFA Institute/ CFA Society of UK a certificate) (post-2010 exam standards) plus other qualifications that meet RDR specialist standards for securities Chartered Financial Analyst plus Unit 1 of the CFA Institute/CFA Society of UK (Formerly United Kingdom Society of Investment b Investment Management certificate (pre-2010 exam Professionals/Institute of Investment Management and Research) standards) Chartered Financial Analyst Program Level 1 plus CFA Institute/ CFA Society of UK (Formerly United Kingdom Society of Investment Professionals/ b Investment Management Certificate (pre-2010 exam Institute of Investment Management and Research) standards) Fellow by examination CFA Society of UK (Formerly United Kingdom Society of Investment Professionals/ Institute of b Investment Management and Research) Associate CFA Society of UK (Formerly United Kingdom Society of Investment Professionals/ Institute of b Investment Management and Research) Investment Advice Diploma (where candidate holds The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) a 3 modules including the securities module) Masters in Wealth Management (based on post 2010 The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) a examination standards) Masters in Wealth Management (based on pre 2010 The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) b examination standards) Certificate in Private Client Investment Advice and The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) b Management Certificate in Private Client Investment Advice and The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) b Management (attained through competency interview and presentation only) Diploma (where candidate holds 3 modules as The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) b recommended by the firm)

Member of the Securities Institute (MSI Dip) (where candidate holds 3 modules as recommended by the firm) Certificate in Securities – Retail Certificate in Securities and Financial Derivatives – Retail Certificate in Investment Management Level 6 Diploma in Wealth Management Securities Institute Level 3 Certificate in Investments (Investment Management) Securities Institute Level 3 Certificate in Investments (Securities & Financial Derivatives) Securities Institute Level 3 Certificate in Investments (Securities) SFA Securities Representative Examination SFA Securities and Financial Derivatives Representative Examination Advanced Financial Planning Certificate (must include a pass in G70 paper) Associateship (must include a pass in the Investment Paper) Registered Representative Full Membership Exams – where candidates hold all 3 papers or have both the Stock Exchange Practice and Techniques of Investment papers BA (Hons) Financial Services, Planning and Management TSA Registered Representative Examinations BA in Finance BA in Finance and Accounting MSc in Investment Analysis MSc in Finance ACI Dealing Certificate ACI Diploma Secondary Examination Diploma Certified International Investment Analyst (CIIA) Canadian Securities Course plus Conduct and

The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute)

b

The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) The Chartered Institute for Securities and Investment (Formerly the Securities and Investment Institute)

c c

The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) The Chartered Institute for Securities and Investment (Formerly the Securities and Investment Institute) The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

c c c

The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

c

The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

c

The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute) The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

c c

Chartered Insurance Institute

b

ifs ifs School of Finance (Formerly the Chartered Institute of Bankers)

b

London Stock Exchange (records now kept by The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute)).

b

Manchester Metropolitan University

a

The Securities Association University of Stirling University of Stirling University of Stirling University of Stirling ACI ACI Analyst Association of Japan Association of Belgian Financial Analysts The Association of Certified International Investment Analysts (ACIIA) Canadian Securities Institute

c b b b b d d d d d d

Practices Handbook Certified European Financial Analyst Series 7 – General Securities Representatives Examination Certificate in Financial Markets Diploma of Financial Markets Examination International Fixed Income and Derivatives (IFID) Certificate Programme General Certificate Programme Irish Registered Representative Examination Promotore Finanziario Examination Registered Representative of Public Securities Examination (pre April 1990) Representative of Public Securities Qualification – Class 1 Registered Representative of Public Securities Examination (pre April 1990) Representative of Public Securities Qualification – Type 1 Membership Examinations Elementary, Intermediate and International Capital Markets Courses Trainee Dealers Representative Examination Certificate Examination International Capital Markets Qualification (inclusive of the Fixed Interest and Bond Markets Module) Dealers Representative Examination Diploma Professional Certificate in Stockbroking Investment Administration Qualification – IMRO Regulatory Environment Module Investment Administration Qualification – SFA Regulatory Environment Module Investment Administration Qualification – Unit 2 FSA Regulatory Environment – (Formerly the

EFFAS Societies with accredited examinations Financial Industry Regulatory Authority (FINRA) – Formerly the National Association of Securities Dealers (NASD) Financial Services Institute of Australasia (Formerly the Securities Institute of Australia) Financial Services Institute of Australasia (Formerly the Securities Institute of Australia) French Society of Investment Analysts ICMA Centre / University of Reading (Formerly ISMA Centre / University of Reading)

d d

ICMA Centre / University of Reading (Formerly ISMA Centre / University of Reading) Irish Stock Exchange/ Dublin City University Italian Exchange Japanese Bankers Association

d d d d

Japanese Bankers Association

d

Japanese Securities Dealers Association

d

Japanese Securities Dealers Association

d

Johannesburg Stock Exchange Korea Securities Training

d d

Kuala Lumpur Stock Exchange New Zealand Stock Exchange NIBE SVV the Dutch Institute for the Banking, Insurance and Stockbroking Industry Securities Institute/ South African Institute of Financial Markets

d d d d

Singapore Exchange The Swiss Stock Exchange University College Dublin (UCD) / The Institute of Bankers School of Professional Finance The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

d d d e

The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

e

The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

e

d d d d

Investment Administration Qualification Regulatory Environment Module) Securities & Investment Institute – Unit 1 Financial The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute) Regulation (Formerly the Securities Institute Regulatory Paper) Unit 1 – Financial Regulation The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute) CFA Society of UK (Formerly United Kingdom Society of Investment Professionals/ Institute of Unit 1 – UK Regulation and Markets Investment Management and Research) Unit 6 – Principles of Financial Regulation The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute) SFA Registered Persons Examination – Section 1 The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute) (Regulation)

e

e e e e

Qualification table for : Advising on and dealing with or for clients in Derivatives – Activity number 13 in TC Appendix 1.1.1R Qualification Qualification Provider Certified International Wealth Manager Association of International Wealth Managers Chartered Financial Analyst Program Level 1 plus CFA Institute/ CFA Society of UK (Formerly United Kingdom Society of Investment Professionals/ Investment Management Certificate (Level 4 Institute of Investment Management and Research) certificate) (post-2010 exam standards) Chartered Financial Analyst plus Unit 1 of the CFA Institute/ CFA Society of UK (Formerly United Kingdom Society of Investment Professionals/ Investment Management certificate (Level 4 Institute of Investment Management and Research) certificate) (pre-2010 exam standards) Chartered Financial Analyst Program Level 1 plus CFA Institute/ CFA Society of UK (Formerly United Kingdom Society of Investment Professionals/ Investment Management Certificate (pre-2010 Institute of Investment Management and Research) exam standards) Associate CFA Society of UK (Formerly United Kingdom Society of Investment Professionals/ Institute of Investment Management and Research) Chartered Financial Analyst plus Unit 1 of the CFA Institute/ CFA Society of UK Investment Management Certificate (Level 4 certificate) (post-2010 exam standards) Investment Management Certificate (Level 4 CFA Institute/ CFA Society of UK certificate) (post-2010 exam standards) plus other qualifications that meet specialist standards for advising on securities Fellow by examination CFA Society UK (Formerly United Kingdom Society of Investment Professionals/Institute of Investment Management and Research) Associateship – must include a pass in the Chartered Institute of Bankers in Scotland Investment Paper Investment Advice Diploma The Chartered Institute for Securities & Investment Certificate in Private Client Investment Advice The Chartered Institute for Securities & Investment and Management Certificate in Private Client Investment Advice The Chartered Institute for Securities & Investment and Management (attained through a CISI competency interview and presentation only) Masters in Wealth Management (based on pre The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) 2010 examination standards) Diploma (where candidate holds 3 modules as The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) recommended by the firm) Certificate in Derivatives The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) Certificate in Financial Derivatives The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute)

Key a a

b

b

b a

a

b b a b b

b b c c

Certificate in Investment Management Level 6 Diploma in Wealth Management Certificate in Securities and Financial Derivatives Securities Institute Level 3 Certificate in Investments (Derivatives) Securities Institute Level 3 Certificate in Investments (Investment Management) Securities Institute Level 3 Certificate in Investments (Securities & Financial Derivatives) Member of the Securities Institute (MSI Dip) (where candidate holds 3 modules as recommended by the firm) SFA Futures and Options Representative Examination SFA Securities and Financial Derivatives Representative Examination Financial Derivatives paper of Diploma SFA Securities Representative Examination plus Financial Derivatives Module Financial Futures and Options paper of the Diploma Advanced Financial Planning Certificate (must include a pass in G70 paper) Associateship – (must include a pass in the Investment Paper) Associateship – (must include a pass in the Investment Management Paper) Registered Representative Full Membership Exams – where candidates hold all 3 papers or have both the Stock Exchange Practice and Techniques of Investment papers BA (Hons) Financial Services, Planning and Management TSA Registered Representative Examination International Capital Markets Qualification (ICMQ) including pass in Futures, Options and other Derivative Products

The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute) The Chartered Institute for Securities &and Investment (Formerly the Securities and Investment Institute) The Chartered Institute for Securities &and Investment (Formerly the Securities and Investment Institute) The Chartered Institute for Securities & Investment (Formerly the Securities and& Investment Institute)

c c c c

The Chartered Institute for Securities & Investment (Formerly the Securities and& Investment Institute)

c

The Chartered Institute for Securities & Investment (Formerly the Securities and& Investment Institute)

c

The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute)

b

The Chartered Institute for Securities & Investment (Formerly the Securities and& Investment Institute)

b

The Chartered Institute for Securities & Investment (Formerly the Securities and& Investment Institute)

b

The Chartered Institute for Securities & Investment (Formerly the Securities and& Investment Institute) The Chartered Institute for Securities & Investment (Formerly the Securities and& Investment Institute)

b b

The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

a

Chartered Insurance Institute

b

ifs ifs School of Finance (Formerly the Chartered Institute of Bankers)

b

ifs ifs School of Finance (Formerly the Chartered Institute of Bankers)

b

London Stock Exchange (records now kept by The Chartered Institute for Securities & Investment (Formerly the Securities and Investment Institute)).

b

Manchester Metropolitan University

a

The Securities Association Securities Institute/ South African Institute of Financial Markets

b b

BA in Finance and Accounting MSc in Finance MSc in International Accounting and Finance (where candidates hold modules as recommended by the firm) MSc in Investment Analysis ACI Dealing Certificate ACI Diploma Secondary Examination Certified International Investment Analyst (CIIA) Derivatives Fundamentals Course and Futures/Options Licensing Course Diploma including passes in both the Australian Futures Trading and Options Trading papers International Fixed Income and Derivatives (IFID) Certificate Programme Registered Representative of Public Securities Examination (pre April 1990) Representative of Public Securities Qualifications – Class 1 Representative of Public Securities Examination (pre April 1990) Representative of Public Securities Qualifications – Type 1 Series 3 National Commodities Futures Examination Examination Examination Singapore Exchange Futures Trading Test Ordinary and Senior Certificates Unit 1 – Financial Regulation Unit 1 – UK Regulation and Markets Unit 6 – Principles of Financial Regulation Diploma – Regulation and Compliance Paper Investment Administration Qualification – IMRO Regulatory Environment Module Investment Administration Qualification – SFA

University of Stirling University of Stirling University of Stirling

b b b

University of Stirling ACI ACI Analyst Association of Japan The Association of Certified International Investment Analysts (ACIIA) Canadian Securities Institute

b d d d d d

Financial Services Institute of Australasia (Formerly the Securities Institute of Australia)

d

ICMA Centre / University of Reading (Formerly ISMA Centre / University of Reading)

d

Japanese Bankers Association

d

Japanese Bankers Association

d

Japanese Securities Dealers Association

d

Japanese Securities Dealers Association

d

National Futures Association

d

NIBE SVV the Dutch Institute for the Banking, Insurance and Stockbroking Industry Norwegian Society of Financial Analysts Singapore Institute of Banking and Finance South African Institute of Financial Markets The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute) CFA Society of UK (Formerly United Kingdom Society of Investment Professionals/ Institute of Investment Management and Research) The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute) The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute) The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

d d d d e e

The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

e

e e e

Regulatory Environment Module Investment Administration Qualification – Unit 2 SFA Regulatory Environment (Formerly the Investment Administration Qualification – Regulatory Environment Module) Securities & Investment Institute – Unit 1 Financial Regulation (Formerly the Securities Institute Regulatory Paper)

The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

e

The Chartered Institute for Securities & Investment (Formerly the Securities & Investment Institute)

e