The Financial Services Authority (FSA) has received two accreditation of training excellence awards from the Financial Services Skills Council (FSSC).
The FSA’s corporate learning section has been awarded accreditation of training excellence for firms and its industry training team has received accreditation of training excellence for training providers.
To win the awards the FSA had to demonstrate its training delivers a solid business outcome and adds value to its clients’ businesses.
It also had to undertake a self-audit to gather evidence, followed by an external audit conducted by independent auditors appointed by the FSSC.
The award will last for three years and the FSA will then need to be re-licensed.
The regulator is now in the process of putting its industry training team through the FSSC’s recognised trainer scheme.
Jonathan Chapman, head of organisational development, reward and industry training at the FSA, says: “Industry training is an important part of the FSA’s strategy to make it easier for regulated firms and individuals to do business with us and we aim to achieve the same rigorous quality standards that we expect of the industry.”
Teresa Sayers, FSSC chief executive, adds: “It’s excellent news for the industry that the regulator itself should come forward to be accredited by the FSSC and we look forward to recognising the FSA’s individual trainers through our recognised trainer scheme.”IFAonline
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