Chartered bodies push for better information sharing about individuals

CII, CISI and CBI form alliance

Victoria McKeever
clock • 2 min read

The Chartered Body Alliance has urged regulators, firms and professional bodies to work together to tighten the fitness and propriety assessments of financial services professionals.

Made up of the Chartered Insurance Institute (CII), the Chartered Institute for Securities and Investment (CISI) and the Chartered Banker Institute (CBI), the alliance wants processes to be tightened to ensure information loopholes are closed to prevent "bad apples" from re-circulating within the industry. The body set out its proposals in response to the Banking Standard Board (BSB) consultation on certification and risk, which provided guidance in the area. It called on the BSB to tighten its guidance in three specific areas: 1 Professional membership issues The Chartered Body ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Barclays and AJ Bell eye targeted support offerings

Barclays and AJ Bell eye targeted support offerings

Exclusive: Firms waiting for FCA approval

Sophia Panayi
clock 08 July 2026 • 2 min read
CII launches vulnerability data sharing taskforce

CII launches vulnerability data sharing taskforce

Established three working groups

Sophia Panayi
clock 08 July 2026 • 2 min read
UK financial services M&A outpaces global deals in H1 as value surges eightfold

UK financial services M&A outpaces global deals in H1 as value surges eightfold

EY analysis

clock 07 July 2026 • 2 min read