Associate Of The Chartered Institute Of Bankers
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Associate Of The Chartered Institute Of Bankers
The London Institute of Banking & Finance Limited is a professional body for banking and financial services in England and Wales. The organization works internationally with partners to establish ethical and professional standards across the sector around the world. The limited company was formed in 2023, providing training programs for students, and took over the taught degree awarding powers formerly held by the registered educational charity, incorporated by royal charter, now known as the London Foundation for Banking & Finance. It runs the Student Investor Challenge, an initiative in the financial education sector. As of 2023, the Institute has awarded a Young Financial Journalist of the Year award. History The London Institute of Banking & Finance was established in 1879 as the Institute of Bankers. It was established by bank workers who saw a need for professional standards and education in the industry. This idea received relative popularity, gaining 2,000 members ...
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Professional Association
A professional association (also called a professional body, professional organization, or professional society) usually seeks to advocacy, further a particular profession, the interests of individuals and organisations engaged in that profession, and the public interest. In the United States, such an association is typically a nonprofit organization, nonprofit business league for tax purposes. Roles The roles of professional associations have been variously defined: "A group, of people in a learned occupation who are entrusted with maintaining control or oversight of the legitimate practice of the occupation;" also a body acting "to safeguard the public interest;" organizations which "represent the interest of the professional practitioners," and so "act to maintain their own privileged and powerful position as a controlling body." Professional associations are ill defined although often have commonality in purpose and activities. In the UK, the Science Council defines a profess ...
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City Of London
The City of London is a city, ceremonial county and local government district that contains the historic centre and constitutes, alongside Canary Wharf, the primary central business district (CBD) of London. It constituted most of London from its settlement by the Romans in the 1st century AD to the Middle Ages, but the modern area named London has since grown far beyond the City of London boundary. The City is now only a small part of the metropolis of Greater London, though it remains a notable part of central London. Administratively, the City of London is not one of the London boroughs, a status reserved for the other 32 districts (including Greater London's only other city, the City of Westminster). It is also a separate ceremonial county, being an enclave surrounded by Greater London, and is the smallest ceremonial county in the United Kingdom. The City of London is widely referred to simply as the City (differentiated from the phrase "the city of London" by ca ...
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Organisations Based In Kent
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, including ...
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Banking Schools
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Educational Organizations Established In 1879
Education is a purposeful activity directed at achieving certain aims, such as transmitting knowledge or fostering skills and character traits. These aims may include the development of understanding, rationality, kindness, and honesty. Various researchers emphasize the role of critical thinking in order to distinguish education from indoctrination. Some theorists require that education results in an improvement of the student while others prefer a value-neutral definition of the term. In a slightly different sense, education may also refer, not to the process, but to the product of this process: the mental states and dispositions possessed by educated people. Education originated as the transmission of cultural heritage from one generation to the next. Today, educational goals increasingly encompass new ideas such as the liberation of learners, skills needed for modern society, empathy, and complex vocational skills. Types of education are commonly divided into ...
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Professional Associations Based In The United Kingdom
A professional is a member of a profession or any person who works in a specified professional activity. The term also describes the standards of education and training that prepare members of the profession with the particular knowledge and skills necessary to perform their specific role within that profession. In addition, most professionals are subject to strict codes of conduct, enshrining rigorous ethical and moral obligations. Professional standards of practice and ethics for a particular field are typically agreed upon and maintained through widely recognized professional associations, such as the IEEE. Some definitions of "professional" limit this term to those professions that serve some important aspect of public interest and the general good of society.Sullivan, William M. (2nd ed. 2005). ''Work and Integrity: The Crisis and Promise of Professionalism in America''. Jossey Bass.Gardner, Howard and Shulman, Lee S., The Professions in America Today: Crucial but Fragile. Da ...
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Banking In The United Kingdom
Banking in the United Kingdom can be considered to have started in the Kingdom of England in the 17th century. The first activity in what later came to be known as banking was by goldsmiths who, after the dissolution of English monasteries by Henry VIII, began to accumulate significant stocks of gold. 17th century Many goldsmiths were associated with The Crown but, following seizure of gold held at the Royal Mint in the Tower of London by Charles I, they extended their services to gentry and aristocracy as the Royal Mint was no longer considered a safe place to keep gold. Goldsmiths came to be known as ‘keepers of running cash’ and they accepted gold in exchange for a receipt as well as accepting written instructions to pay back, even to third parties. This instruction was the forerunner to the modern banknote or cheque. Around 1650, a cloth merchant, Thomas Smith opened the first provincial bank in Nottingham. During 1694 the Bank of England was founded. The Governor and C ...
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Swiss Finance Institute
The Swiss Finance Institute (SFI) is a national center for research, doctoral training, knowledge exchange, and continuing education in the fields of banking and finance. Created in 2006 as a public–private partnership, SFI is a common initiative of the Swiss finance industry, six leading Swiss universities, and the Swiss Confederation. Organization Under the auspices of the Swiss Bankers Association, the Institute was formed in 2005 as a foundation domiciled in Zurich with seed capital of 75 million Swiss francs. SFI began its activities at the beginning of 2006 to keep the Swiss banking and finance industry at the top of its field. The institute's faculty comprises more than 75 professors from the Swiss Federal Institute of Technology in Lausanne, the ETH (Swiss Federal Institute of Technology) Zurich, the Universities of Geneva, the University of Lausanne, the University of Lugano, the University of St. Gallen, and the University of Zurich. The foundation is mandated and s ...
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New York Institute Of Finance
The New York Institute of Finance (NYIF) is an American Education Company that was founded by the New York Stock Exchange (NYSE) in 1922. The institute provides continuing education to professionals in the finance Industry and corporations worldwide. The institute owns the trademark "Where Wall Street Goes to School". History “In 1921 it became evident that, for the sake of the business itself and for the sake of the thousands of young men and women employed by the Exchange and by its member firms, some method should be devised whereby they might learn the fundamentals; the reasons why they did the things which occupied their working days…” “This was the inspiration behind the establishment of the Stock Exchange Institute. The growth of this Institute has demonstrated that it fills a real need. Through Institute classes and lectures in New York, and through Correspondence Courses available to those at a distance, instruction is furnished in all important phases of the se ...
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Amsterdam Institute Of Finance
Amsterdam Institute of Finance, or AIF, is a financial training institute for international finance specialists and other professionals based in Amsterdam, The Netherlands where it offers open enrollment training programs. Established in 1990 as an initiative of the Dutch financial community and government officials, AIF provides financial training and operates as an independent, not-for-profit and self-supporting foundation. Previously located on the Stadhouderskade in the Leidseplein area of Amsterdam, AIF moved in early 2013 to a new modern location close to Amsterdam Central Station on the newly developed Oostersdokeiland. Accreditations AIF is registered with the international CFA Institute as an Approved Provider of Continuing Education programs. A number of AIF programs are also accredited by PRMIA. Global Ventures Master of Science in Risk Management Program for Executives AIF made news with the announcement of a joint-venture with NYU's Stern School of Business to ...
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Chartered Institute For Securities & Investment
The Chartered Institute for Securities & Investment (CISI) is a global professional body for those in the financial and investment profession. It offers a range of qualifications and resources for professional development, as well as setting standards of conduct and ethics for those in the industry. History The CISI was formed in 1992 as the Securities Institute by the members of the London Stock Exchange. It changed its name to the Securities and Investment Institute in November 2004. It became the Chartered Institute for Securities & Investment when it was granted a Royal Charter in October 2009. In November 2015 the Institute of Financial Planning was formally merged into the CISI. In 2017, CISI, the Chartered Insurance Institute and the Chartered Institute of Bankers in Scotland formed the Chartered Body Alliance. It is headquartered in London and has offices in Sri Lanka, India, The Philippines, United Arab Emirates, Ireland, Spain and Kenya. The institute is a registe ...
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Worshipful Company Of International Bankers
The Worshipful Company of International Bankers is one of the livery companies of the City of London. Its members are current or former members of the financial services industry, primarily banking. It is based in a building in Austin Friars, near Liverpool Street station. In 1999 the City of London Corporation extended the possibility of freedom of the City of London beyond UK, Commonwealth and European Union citizens. This led to the possibility of a company with "international" membership. The Guild of International Bankers was founded in July 2001 and in October 2002 it became a company without livery. On 21 September 2004 its petition for livery status was granted by the Court of Aldermen. A Royal Charter was granted on 10 December 2007. The Company ranks 106th in the order of precedence for the City livery companies. Its motto, ''A Natione ad Nationem'', translates from Latin as "From Nation to Nation", reflecting its international character. The arms of the Company are ...
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