Diploma in Investment Compliance
(CISI Level 6 Diploma in Investment Compliance)

The Diploma in Investment Compliance is a global qualification that offers a clear career pathway for compliance specialists and practitioners. It has recently been reviewed by industry practitioners and has been enhanced to reflect the changing needs of the financial services environment.

This qualification provides candidates with the confidence of possessing a thorough understanding of the financial services regulatory environment both in the UK and internationally.

It is a level 6 qualification which may lead to full CISI Chartered Member status.


Key features of the Diploma in Investment Compliance

  • Computer based tested units available on demand and a narrative examination available twice a year
    allows you to complete the Diploma at a pace that suits you
  • Career pathway for compliance specialists and practitioners
  • Comprehensive coverage of regulatory, specialist and advanced aspects of compliance
  • Options suitable for both compliance generalists and Nominated Officers, Money Laundering Reporting Officers and Client Due Diligence Executives
  • Globally-recognised qualification
  • Receive MCSI designatory letters
  • Earn CPD hours upon successful completion of the qualification

Qualification Structure

The Diploma award is achieved by successfully passing three units:

 UK Regulation & Professional Integrity
Syllabus Summary:
  • UK Financial Services and Consumer Relationships
  • UK Contract and Trust legislation
  • Integrity and Ethics in Professional Practice
  • The Regulatory Infrastructure of UK Financial Services
  • FCA Supervisory Objectives, Principles and
    Processes
  • FCA Authorisation of Firms and Individuals
  • The Regulatory Framework relating to Financial Crime
  • Complaints and Compensation
  • Conduct of Business – fair treatment ofcustomers, the provision of advice & services, and client money protection 
 Regulation and Compliance
Syllabus Summary:
  • Regulatory framework of the financial services industry
  • Financial Services and Markets Act 2000
  • Framework of European Financial Services Regulation
  • FCA handbook of rules and guidance
  • High level standards – Principles for Businesses
  • Business standards

Ofqual

This Diploma is regulated by Ofqual as a level 6 qualification. On the European Qualifications Framework, this equates to a level 6 qualification.

Non-UK Arrangements for the new syllabus

International candidates can substitute a local regulatory paper for UK Regulation and Professional Integrity.

Where there is no regulatory paper candidates should take Global Financial Compliance instead, and must also pass either Combating Financial Crime or Risk in Financial Services, plus Regulation and Compliance, to gain the DIC.

Entry Requirements

The Diploma award has a mandatory prerequisite entry unit:
Exemptions

The exemptions shown below are available.  To apply, download the DIC exemption application form.  Exemption from a DIC unit costs £50.

  Introduction to Securities & Investment (Prerequisite) + Level 4 Regulation and Professional Integrity Global Financial Compliance, Combating Financial Crime or Risk in Financial Services + Regulation and Compliance
Exemption for CISI exams Same CISI Unit in another programme or technical unit of certificate suite or IAD or CertIM Same CISI unit in the IAD programme No No
Exemptions for non CISI exams ACA, ACCA, ACIB, ACMA, ACIS, FPC (CII), Cert for Financial Advisers (IFS), Dip Regulated Financial Planning (CII), IMC Level 3 or 4, CFA level 1, MSc/MA degrees with appropriate coverage CII RO1, IMC level 4 Unit 1, IFS Level 4 Diploma for Financial Advisers Financial Services, Regulation and Ethics paper No No

Study Options

Self-study using the CISI's learning manuals and elearning products for:

Please note: The CISI's mandatory learning manual policy requires, where available, the most up to date CISI learning manual to be purchased when booking an exam, including by an ATP on your behalf. This applies to all candidates sitting CISI exams in the UK (includes Northern Ireland, Guernsey, Jersey and Isle of Man). Candidates sitting CISI exams outside of the UK will receive the most up-to-date workbook in PDF format for that subject and is included in the international exam price.


Accredited Training Providers
The CISI accredits a wide range of training providers to deliver formal training for our exams and you can register directly with the provider of your choice.

Find an Accredited Training Provider (ATP) near you

Sample Papers
Sample exam questions are available for:

Register and Book

Register with the CISI
New candidates intending to take CISI qualifications need to first register with the CISI. Upon registering, you will receive a candidate number, password and access to the CISI's online systems.


Book your exams
Candidates can book:

Register for your qualification
After booking your exams you need to register for your qualification. Please be sure you have read and understood the exam regulations and policies.

The latest prices for exams are listed on the online price list.

Post Qualification Opportunities

Membership
Obtaining the Diploma in Investment Compliance qualification entitles candidates to join the Institute at MCSI Member level. As a member of the Institute, you will enjoy the recognition of being a professional in a world of increasing competition. The extensive continuing professional development (CPD) opportunities available through the CISI’s suite of membership benefits ensures financial services practitioners can maintain competence and meet the requirements of firms and the regulator.