Gibraltar risk and compliance professionals join with CISI to raise professional standards in global financial markets

by Lora Benson | Mar 11, 2020
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The Chartered Institute for Securities & Investment (CISI) and the Gibraltar Association of Compliance Officers (GACO) are delighted to announce a collaboration aimed at strengthening the culture, integrity and professionalism of financial services markets and practitioners.

The confirmation will mean that reciprocal arrangements will be in place for members of both organisations to access mutual qualifications, membership and continuing professional development (CPD) content.

Formed in 2004, GACO is a non-profit membership body with 180 members. It aims to enhance the role of compliance, providing educational programmes, acting as a forum for discussion for compliance professionals and an industry consultative body. GACO’s training and qualifications cover areas including anti-money laundering and cybersecurity.

The CISI is the global membership professional body encompassing financial services sectors including wealth management, financial planning and capital markets. With over 45,000 members in over100 countries, CISI’s 40,000 exams last year were sat in 81 countries and its qualifications are recognised by 61 global regulators.

Helena Wilson Chartered MCSI, Assistant Director, CISI Global Business Development said: “We are extremely pleased to enter into this agreement with GACO which will support our respective memberships in the important dynamic, global financial services areas of professional development, compliance, risk, integrity and ethics.”

Mr Carlos Martins, GACO Chairman (right in photo with Richard Bennett, CISI Head of Membership) said: “In the space of only a few months we have been successful in achieving an arrangement which will no doubt be mutually beneficial to both parties. We very much look forward to developing this for the advancement of professional standards in all applicable fields."