Member Benefits

Member Benefits
2013/14
1

“
The CISI is far in
advance of other
professional bodies...
in both recognition
of practitioners
requirements and
developments of online
CPD arrangements.
”
Nigel Herrick, Chartered FCSI,
Managing Director,
The Premier Partnership
2

Member Benefits
Dear colleagues,
On the following pages you will find details of the 2013/14 CISI member
benefits package that can enhance the professional development of your
employees and, as well, provide you with a reminder of how they, and you,
can keep track of their activities by using our CPD scheme.
The importance of continuing professional development (CPD) within
the financial services industry continues to grow in significance, especially for Chartered members
(Chartered FCSI and Chartered MCSI), Chartered Wealth Managers and those members affected by the
RDR. The majority of the professional benefits we offer are free or heavily discounted for members.
Technology will continue to be critical. We want to ensure members can ‘learn on the go’ as well as attend a
wide variety of events, where attendance might also be by tuning into a live webstreamed event elsewhere.
We have recently upgraded our Professional Refresher online learning solution, resulting in a fresh
new look and improved system performance. Members can refresh their knowledge on over 40
industry topics, and by the end of 2013 we plan to have released another 12 modules covering
topical subjects including Dodd-Frank, the new UK Regulatory Environment and Collectives.
New developments and continued enhancements to CISI TV will also take effect throughout the year.
Our first initiative was the launch of Structured (Active) webcasts at the end of 2012. By completing
a five question quiz after viewing selected webcasts and achieving 80% or more, you can now earn
Structured (Active) learning CPD. Soon, you will start to see more variety in the content of videos
online. As well as filmed CPD events, we will also be showcasing speaker interviews, panels sessions,
tailored programmes on highly topical subjects and high level third party videos from many of our
partners including the London Stock Exchange.
Firms focused on furthering their commitment to the highest standards of professionalism and
integrity are invited to become Corporate Supporters of the CISI and join more than 100 firms,
within the UK and internationally, which have already chosen to do so. Clients, employees and the
market recognise that Corporate Supporters are leaders in quality, integrity and competence and are
committed to supporting success in CISI qualifications and fostering a culture of continuing learning
for employees.
Please make the most of the CISI! Most of our CPD activities and elearning opportunities are free
to members. As a firm, you can apply to access many of our services as a ‘superuser’ to monitor
employees’ CPD.
To find out more visit cisi.org/corporatesupporter, contact the Client Relationship
Management team on +44 20 7645 0817 or email corporatesupporter@cisi.org
Thank you for supporting the CISI.
Ruth Martin
Managing Director
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The CISI and the RDR
The CISI is an Accredited Body under the RDR as awarded by the UK regulators. The Institute is
authorised to issue Statements of Professional Standing (SPS) to individual retail investment advisers
who are CISI members, or the staff of Corporate Supporters.
RDR affected advisers, who are now required to log a minimum of 35 hours CPD each year with a
minimum of 21 hours of Structured learning, can complete all aspects of their CPD by utilising the
CISI’s extensive range of professional membership benefits. All of the CPD hours they earn with the
CISI will be automatically logged to their personal CISI CPD record.
We have also endeavoured to map our professional benefits to fit with the exam standards, to
help you and your employees determine relevance, as suggested by the UK regulators. We have
developed a flexible plan which members can choose to follow to achieve their 35 hours annual RDR
CPD and this is available at cisi.org/rdrcpdwithcisi
Your employees may be eligible to apply for the CISI’s Chartered Wealth Manager designation
(especially up to March 2014 as new requirements will come into force for April 2014). Whilst not a
membership designation, it was launched by the CISI to recognise members in the retail sector at
the pinnacle of their profession and is obtained by meeting set criteria.
Find out more at cisi.org/charteredwm
Chartered Status
Membership of a Chartered body offers your employees the benefit of achieving personal Chartered
status. Individuals who become personally Chartered demonstrate to the financial services industry
that they have reached the pinnacle of their profession and publically affirms their commitment to
continuing learning, integrity and ethical practices.
Members who achieve personal Chartered status are entitled to use the prestigious Chartered MCSI
or Chartered FCSI designations. Encourage your employees to strive towards achieving Chartered
status and reach the highest level of CISI membership.
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MyCISI
MyCISI is a members’ only online portal to all things CISI. By simply
logging into MyCISI, using their email address and membership password, Institute
members can:
• Access their professional and personal membership benefits
• Record their CPD hours, view their progression to achieving their yearly CPD target
• Find out about local CISI branches
• Book places at CISI events
• Update and change personal information
• Review past events attended, qualifications taken and workbook purchases made
• Find out the latest CISI news and industry developments
Encourage your employees to visit MyCISI regularly to stay informed and to access all of
their free professional and personal benefits
cisi.org/mycisi
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CPD Scheme
Assisting members to maintain ongoing competence is a core principle of the CISI. Our
formal CPD scheme, free to all members, is a cost-effective way for firms to prove to the regulator that
they are taking responsibility for the continuing competence and development of their employees.
The Institute recommends that members complete a minimum of 35 hours of CPD a year. To enable
members to keep a record of their hours, we automatically record any CISI CPD activities undertaken,
such as attending events, taking exams and using elearning tools in one centralised record where
additional non-CISI CPD hours undertaken can be added. Those who complete the recommended 35
hours will receive a formal certificate.
Maintaining annual CPD of 35 hours using the CISI CPD scheme is compulsory for all members
subject to CPD regulatory requirements, such as the Retail Distribution Review (RDR), also to
all personally Chartered members (Chartered FCSI and Chartered MCSI) and Chartered Wealth
Managers unless your inhouse scheme has been formally accredited by the CISI.
Firms can also take advantage of our scheme’s Superuser function.
Please also note that logging CPD helps your employees to upgrade their membership. For details
go to cisi.org/mindividcharter
Visit cisi.org/cpdscheme
“The CPD recording website and the
ability to earn CPD by completing
online courses with a test at the end
is an outstanding development. It
significantly reduces the pain involved
in maintaining CPD records and
offers a very constructive means of
achieving CPD through continuous
refresher training in an easy to use and
simple way.
2012 CISI Membership Survey Feedback
6

CPD Scheme Superuser Function
We encourage all firms to take advantage of our Superuser function, part of the CISI CPD scheme.
This tool enables you to track and monitor the CPD activities of your staff. The individual CPD logs of
all CISI members at your firm can be viewed, reports can be generated and bespoke CPD entries can
be created and allocated to one or all of your employees’ CPD logs.
The system offers the following functions:
• Search – you can search for and view individual CPD logs, as well as search by CPD activities
completed. For example, using the activities search function, the system can be used to produce
a list of all staff who have completed the Anti-Money
Laundering module of Professional Refresher during
the year.
• Activity Templates – you can create a bespoke
CPD entry and then apply it to one, or all, of your
employees’ CPD logs, or you can create default
templates for staff to use from within their own
individual CPD logs.
• Excel Import/Export - CPD entries can be imported
via Excel and results exported, using the same
method.
• Email - the Superuser email function allows you to
email selected staff registered on the CPD log from
within the tool. Emails that are sent come from the
registered Superuser’s email address, other emails addresses can be CC’d or BCC’d into the emails
sent and personlised bulk emails can be distributed.
To find out more, please email cpdscheme@cisi.org
Accreditation of your Firm’s CPD Scheme
The CISI CPD log is an advantageous tool for a firm seeking to implement a continuing professional
development policy. Users of the CISI CPD log need to demonstrate compliance to either the CISI or
RDR CPD requirements, and employees’ compliance can be monitored by the firm using the CISI’s
Superuser function.
However, many firms will already have established a scheme of their own. In such cases, regulated
financial services firms, that are CISI Corporate Supporters, are able to seek CISI accreditation of their
own scheme, for direct use with their employees. In obtaining accreditation, a firm is able to state
that its personal CPD scheme meets the CISI’s and/or the RDR’s rigorous CPD standards. To find out
more, email cpdscheme@cisi.org.
If your firm is not currently a Corporate Supporter please visit cisi.org/corporatesupporter to
find out more.
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Stay in the Loop and Join in the
Conversation
Follow the CISI on Twitter @CISI and remain updated about the Institute’s global and local
activities and initiatives.
Engage with the Institute by using #cisicpd
Ask questions of speakers/panels at events
Suggest ideas for forthcoming CPD seminars
Leave comments about the CISI’s CPD offerings
Communicate with other members
Are you a member of our LinkedIn group? We now have close to 5,000 members who
have joined our Group - Chartered Institute for Securities & Investment Official – and this
continues to grow.
Members can also join any of our sub groups which include Risk, Operations, Corporate
Finance, Compliance, Financial Technology, Islamic Finance, Wealth Management and
Training & Competence.
Follow us as twitter.com/cisi
Join in at cisi.org/linkedin
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cisi tv
CISI TV allows members to view a selection of our most popular CPD events online,
anywhere, anytime and earn CPD hours. CISI TV is available to watch on smartphones, tablets or PCs.
New to CISI TV are Structured (Active) learning webcasts. These new products enable members to
log Structured (Active) learning CPD by successfully completing a five question quiz after watching
CISI TV programmes. The short multi-choice quiz has been included to increase user engagement. By
recording a score of 80% or more, the time spent watching the webcast will change from Reflective
to Structured (Active) learning and users will gain an extra 15 minutes of CPD for the quiz.
For members affected by the RDR, completing Structured (Active) learning webcasts will further
evidence the Structured learning element of learning under the RDR.
13,000
hours of CISI TV was
watched by members in 2012
Current top 5 videos
Bond Interest Group: UK Debt Management and the Gilt Market
The Essence of Risk Management
What Behavioural Finance can Teach us
What makes a Good Regulator?
Getting to Grips with Risk in a Fat Tail World
“
Visit cisi.org/cisitv
I would like to congratulate CISI on the
”
success of CISI TV
and thank you for including Gary Wright’s presentation
“LEI - paving the way”. CISI TV is a great way for
international members (like me) to keep updated.
Amanda Miller, Chartered FCSI
AML, Licensing & Investigations, Reserve Bank of New Zealand
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Mobile App
An exclusive member benefit, members can use the app to download the
Securities & Investment Review, Change - the Regulatory Update and the Investment
Management Review directly to their smartphone or tablet. The app automatically updates when a
new publication edition is released and archives old versions.
CPD hours can be earned by reading articles and the hours are automatically added to members’
CPD logs.
App features
• Rating system to score articles
• Functionality to bookmark stories you may wish to refer to again
• Dictionary to assist with terminology references
• Provide comments and feedback to the Institute
“ ”
Kanthar Al Sharji ACSI
I`m thankful to the CISI for having this
[mobile] application. It is very user
friendly and I feel I`m connected from
anywhere in the world. Appreciated.
Well done CISI.
Manager, Bank Muscat
Oman
Visit cisi.org/app
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Professional Refresher
Professional Refresher is an online learning tool which allows
self-administered refresher testing on a variety of topics, including the latest regulatory
changes. There are currently more than 40 modules available which address UK and international issues.
At the end of each module there is a test which helps users to determine their level of knowledge.
The tests can also be used to satisfy firm and regulatory requirements, including being classified
as Structured learning under the RDR. Use of Professional Refresher is automatically recorded to
members’ CPD logs upon passing the test.
Top 5
Anti-Money Laundering
Information Security and
Data Protection
Financial Crime
Treating Customers Fairly
UK Bribery Act
International
Anti-Money Laundering
Market Abuse
Price Stabilisation
Sovereign Wealth Funds
Wealth
Client Assets and Client
Money
Investment Principles and
Risk
Principles of RDR
Suitability of Client
Investments
Operations
Best Execution
Central Clearing
Corporate Actions
Visit cisi.org/refresher
“The Professional
Refresher courses
are very helpful for
me as it provides me
the convenience of
learning at my ease.
2012 CISI Membership
Survey Feedback
11

CPD Events
A full programme of lunchtime and early evening events is available in
London*, our UK branches and internationally.
In 2013/14 more than 350 events will be held covering a wide range of topics, and we will also
be running a live webcast. Members can simply sign up to the webcast, log in and participate in the
event no matter where they are located.
A significant number of CPD events are filmed each year and are immediately available on CISI TV. If
members are unable to attend the live seminars, they can easily catch up online by watching CISI TV
at a time that is convenient.
* CPD seminars are subject to a £50 charge for non-attendance without 24 hours notice
Visit cisi.org/events
“
I have found CISI events extremely
useful in improving
”
my knowledge
and keeping me up-to-date with
current industry issues
2012 CISI Membership Survey Feedback
New for 2013/14 Tablet technology available at our courses
12

Conferences and CPD Training
Courses
We organise a wide range of half, one and two-day events,
including an annual conference for all those working in today’s
ever-changing financial services industry. Our courses are topical
seminars and workshops led by expert trainers which provide
an opportunity to learn in an interactive environment where we
limit class size and attract high-level delegates.
Conferences
50% discount on all CISI
conferences for Chartered
members, FCSIs, MCSIs & ACSIs
50% discount on one CISI
conference per year for Affiliates
& Students
• CISI Annual Conference · Training & Competence
CPD Courses
• Understanding Regulation and Compliance
• Essentials of Supervision
• Getting to Grips with Operational Risk - for Non-Operational Risk
Professionals
• Anti Money Laundering and Terrorist Financing Workshop
• Dealing with the Sanction Regimes
• Investment Principles and Risk (IAC, LSE & PCIAM Gap-Fill Jersey)
• Understanding Pensions and Retirement Planning
• Qualifications Gap-fill: Derivatives (Isle of Man)
• Qualifications Gap-fill: Securities (Isle of Man)
• Integrity and Trust in Financial Services
• MiFID Review and New Regulatory Structure
• SARs and Court Orders Masterclass
• Ethical Finance – What’s in it for me?
• Suitability and Appropriateness: Avoid Mis-selling
• Client Assets and Client Money (CASS)
• The Use of Structured Products in Wealth Management
• Planning, Delivering and Recording CPD in the RDR World
• Updated Thinking for Packaged Products
35% discount on all CISI
courses for Chartered FCSIs
and FCSIs
30% discount on all CISI
courses for Chartered MCSIs
and MCSIs
20% discount on all CISI
courses for ACSIs
30% discount on one CISI
course per year for Affiliates
20% discount on one CISI
course per year for Students
Information about forthcoming conferences and training courses is available on the CISI website.
“The CISI is an extremely professional organisation with a
range of courses that cater to the on-going development
of junior staff, middle level management and senior
executives.
2012 CISI Membership Survey Feedback
Visit cisi.org/events
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Professional Forums
Members of the CISI are eligible to join one, or all, of our six free
Professional Forums. These highly regarded forums enable professionals
to meet with other CISI members, listen to presentations from practitioners
in the industry, engage in open discussion, and share ideas and concerns in a confidential
setting. Forums are conducted under the Chatham House Rule.
Established forums include:
Compliance | Operations | Financial Technology
Corporate Finance | Wealth Management | Risk
Each Forum is run by a committee of Institute members who work closely with CISI staff to plan
forthcoming events, identify areas of interest and source speakers. More than 1,500 Institute members
attend Forums regularly. The meetings provide a good opportunity to network with likeminded
professionals and where appropriate, Forums may respond to relevant regulatory consultation papers on
behalf of the Institute.
Visit cisi.org/pf
Interest Groups
Our three Interest Groups offer members and non members the opportunity
to meet together and listen to presentations from senior practitioners, as well as engage in open
discussion. Meetings are held quarterly and enable attendees to share ideas and discuss relevant
issues.
Interest Groups include:
Training & Competence | Bond | European Regulation
Each Interest Group is run by a committee of Institute members who work closely with CISI staff to
plan forthcoming events, identify areas of interest and source speakers.
Visit cisi.org/interestgroup
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Annual Integrity Debate
The Annual Integrity Debate provides members with the opportunity to
hear industry leaders discuss important issues of integrity and trust.
The most recent lecture topic was:
Does the plc model of company ownership encourage higher standards of
integrity than private ownership?
Contributors included:
• Xavier Rolet FCSI(Hon), Chief Executive, London Stock Exchange Group
• Allister Heath, Editor, CityAM
• Mark Florman, Chief Executive, The British Private Equity and Venture Capital Association
• Douglas Ferrans, Chairman, Investment Management Association
View highlights from the event at cisi.org/ethicsproducts
Visit cisi.org/events
“
“Once again, the CISI
Informative and
have surpassed my
enjoyable. Particularly
expectations and
liked the use of
jointly delivered a
electronic
”
voting and
thoroughly enjoyable
before/after chart
and informative
”
display at end - to see
debate. The speakers
if audience had been
were well versed, the
influenced by what had
audience were most
been seen and heard
appreciative, and the
content was spot on!
Annual Integrity Debate attendee feedback
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FCSI Masterclasses
Exclusive to Fellows (Chartered FCSIs and FCSIs), masterclasses are run annually to provide an
intimate learning and networking environment for the Institute’s most senior members.
Recent masterclasses have heard Brandon Davies, Gatehouse Bank plc and Joëlle Warren, Executive
Chairman, Warren Partners,
Masterclasses cost £50* per class.
*Costs may be subject to change.
Visit cisi.org/events

Securities
& Investment Review
The S&I Review, is the official publication of the CISI. Every issue
keeps members up to date with the latest news and developments
from across the financial services industry. Coverage in a typical
issue includes capital markets, regulation, derivatives, investment
administration, people on the move, technology, private client topics,
personality profiles, economic comment and major feature articles.
Members can choose to read the digital interactive version of
the magazine and by doing so, the time spent reading, will be
automatically recorded to members’ CPD logs. Other benefits of the
digital publication include:
• commenting on each edition and sending remarks to the editor
• direct links to the CISI events calendar to book places at upcoming
seminars, courses and conferences
• live links to visit websites of interest
Members can switch and receive the interactive digital magazine each month by updating their
preferences in MyCISI, cisi.org/mycisidetials.
The S&I Review can also be read via the CISI Publications app.
“
”
I enjoy reading online and I feel at ease
in the entire portal and love the CISI`s
efforts to empower members through an
education paradigm.
Member feedback, February 2013 S&I Review
Visit cisi.org/sireview
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“Great improvement
- better than reading
a paperback version.
Well done!
Member feedback,
February 2013 S&I
Review

Investment
Management Review
The Investment Management Review is a specialist quarterly
magazine and is exclusive to the CISI. It is produced by Dr Arjuna
Sittampalam, Chartered MCSI, advisor to leading global financial
institutions.
This invaluable publication gives an overview of key issues
currently affecting the industry, surveys the best research and
most significant developments from around the world, and
contains analytical articles based on themes and issues of global
significance.
The magazine is divided into two sections. The first consists of
in-depth articles of topical interest written by industry experts.
The second section is a digest that extracts the best material
which is of strategic interest to decision-makers and has potential
significance for the longer term.
Fellows receive a hardcopy of the Review whilst full Members can access it online or download it via
the CISI Publications app.
Change - the
Regulatory Update
Change – the Regulatory Update is an indispensable guide to
changes and hot topics in the world of financial regulation.
Issued quarterly, it is free and exclusive to CISI members. It details
recent and future changes for firms affected by UK regulation
and includes the effects on the UK of decisions made in other
regulatory jurisdictions, including Europe.
It is compiled by former City lawyer and CISI senior compliance
adviser, Christopher Bond, Chartered MCSI. Fellows can request a
hard copy of Change, whilst all other members can access it online
or download it via the CISI Publications app.
Visit cisi.org/imr
Visit cisi.org/change
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IntegrityMatters
IntegrityMatters is a tailored elearning tool designed to highlight dilemmas
faced at work. It enables users to test their ability to make ethical decisions in the workplace and
consists of both a workshop and a full test.
By participating in the programme, members are required to
tackle six separate case studies which develop depending on
how they answer the question. In some cases the scenario will
end after just a few questions, whilst others will take much
longer. The number of CPD hours members are allocated is a
reflection of their grade.
Passing IntegrityMatters with an A grade is compulsory
for those members wishing to progress to Chartered
membership. Additionally, in furtherance of the CISI’s aim to
increase ethical awareness, from 1 April 2013 UK candidates
taking CISI level 3 Certificate awards must have obtained a
grade A or B pass in IntegrityMatters as a pre-requisite to
sitting the exam.
* Cost may be subject to change. Visit cisi.org/integritymatters
Infolink
Infolink is the Institute’s one-stop shop for news items, articles, papers
about the financial services industry and slides and notes from CISI
events. Infolink is a searchable database with information about
compliance, ethics, corporate governance, risk, operations, HR and
training, private wealth management, investment management
and corporate finance.
Users can bookmark, rate and comment on content and share
expertise by submitting material for other members to view. By
publishing contributions to Infolink, such as articles, notes and
slides, presentations, white papers or research papers, members
can earn CPD hours. Finding relevant information is easy thanks to
a keyword and date search feature.
Additional Benefits
Visit cisi.org/infolink
Members also have exclusive access to a personal benefits portfolio, which offers
significant savings on an extensive range of products and services, including discounts on
legal advice, shopping, insurance and travel.
Visit cisi.org/mycisi
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You do
the maths
+44 20 7645 0777 cisi.org/customersupport customersupport@cisi.org
* These benefits cannot be purchased individually and are not available to non-members
† Affiliate - £120 (please see our website for prices of all other categories).
Discount available, when renewing, for membership fees paid by direct debit
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membership enquiries
+44 20 7645 0777
customersupport@cisi.org
cisi.org/mycisi
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