CISI Diploma in Investment Compliance

The Chartered Institute for Securities & Investment (CISI) Diploma in Investment Compliance qualification has been designed for financial services professionals and gives you a thorough grounding in UK compliance.

This qualification will extend your expertise and give you the know-how to explain UK legislation and FCA regulation to advisory and operations staff in your organisation. Once passed, you'll not only be able to use the prestigious MCSI designation after your name – you'll also enjoy significantly enhanced career prospects.

To complete the CISI Diploma in Investment Compliance, you must pass the exam for each of the three units. This usually takes approximately 18 months to two years.

BPP Professional Educaion prepares you for exams that are assessed and awarded by The Chartered Institute for Securities & Investment (CISI).

The CISI have re-launched the new Diploma in Investment Compliance (DIC). Read further details.

Key Information

  • BPP is a CISI accredited training provider
  • Experienced full-time tutors with industry experience
  • Fantastic online and printed study materials
  • Training centres in the heart of financial services centre in London
  • Considered to be the most important of the compliance qualifications
  • Proven online and printed study materials
  • Classroom or distance learning options available
  • Excellent first time exam pass rate*

The new Diploma in Investment Compliance (DIC) now incorporates the CISI IAD FCA Regulation and Professional Integrity qualification, followed by the CISI Diploma in Regulation & Compliance, followed by a choice from either Global Financial Compliance or Combating Financial Crime or Risk in Financial Services.

The DIC is a global qualification that offers a clear career pathway for compliance specialists and practitioners. It 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.

Full details can be found on the website of the CISI.

Technical knowledge for your career

If you are ambitious to develop your career in the City, banking and financial services, then you'll know that a detailed understanding of investment compliance is absolutely essential. Our courses will help you develop your technical knowledge and skills in a way that will benefit you personally, as well as your company.

Get on the fast track to success with our CISI Diploma in Investment Compliance (CISI DIC). You'll find the highest quality teaching, course materials and student support at BPP.

The UK's leading qualification

The CISI Diploma in Investment Compliance is a leading finance qualification and the most important of the compliance courses. It covers securities, investment, financial regulation and compliance in three detailed units.

To complete the CISI DIC, you need to pass the exam for each of the three units. This usually takes around two years – though BPP offers flexible options for studying in the classroom or by distance learning, so you can follow a timetable to suit you.

How the course is structured

The CISI DIC is broken down into three units. You must pass the exams for all three units to complete this qualification. The DIC also has a mandatory pre-requisite entry unit being the IOC Introduction to Securities and Investment.

BPP prepares you for success

We have a wealth of experienced and expert tutors who will prepare you for the CISI DIC. Our full-time tutors will work with you, not just at the study centres and in the classroom. They are also available to answer your questions by email. Your personal tutor team will give you important study and exam tips throughout the course.

World-class learning support

All of our CISI Diploma students benefit from Study Texts, PowerPoint™ Course Slides (for classroom delegates only), support from your tutor by phone and email, advice and guidance to help you prepare for your exam.

As part of the CISI DIC you will have access to:

  • online recordings
  • interactive content
  • practice papers
  • BPP Learning Media, including our course notes, study texts and review exercises.

Practice papers ensure you are thoroughly prepared for your exams and assessments. Study packs are exam-focused, easy to use and right up to the minute.

Choice and flexibility

We understand that it can be time-consuming and demanding when you are looking to combine both work and study. Our flexible courses are designed to fit around your work and home commitments, and to give you all the support you need.

*For the year of 31st May 2014, BPP achieved a pass rate of 76% in the UK Regulation and Professional Integrity element.

Dates and prices

For dates and prices, and exam information, view the following forms:

2016 Dates & Prices

Structure

The CISI Diploma in Investment Compliance is split into three units. You must study and pass exams for all three units to complete the qualification.

We recommend you study for one unit at a time. The exams for two of these units are CBA exams, being multiple choice questions with exams, available daily. The exam for the Regulation & Compliance unit takes place twice a year, in June and December, and is a written based exam.

Unit 1 - UK Regulation and Professional Integrity (CISI IAD) provides candidates with a comprehensive knowledge of the regulations, legislation and the conduct of investment business governing the financial markets. It includes coverage of the Financial Services and Markets Act, the FCA Conduct of Business Rules, consumer relationships, complaints and compensation, financial crime, integrity and ethics and trust legislation.

Unit 2 - Regulation & Compliance (CISI Diploma) is a higher level examination and includes coverage of the regulatory framework surrounding the disclosure of substantial holdings of shares, takeovers, insider dealing, money laundering and the regulation of markets and exchanges.

Unit 3 - There is a choice between Risk in Financial Services, Combating Financial Crime or Global Financial Compliance.

  • Risk in Financial Services - This unit includes the principles of the risk management framework, risk regulation, operational risk, credit risk, market risk, investment risk, liquidity risk, corporate governance and risk oversight, model risk, and also Enterprise Risk Management (ERM).
  • Combating Financial Crime - This unit includes a background of financial crime, including Money Laundering, terrorist financing, corruption and bribery, combating financial crime, the UK Bribery Act 2012, and the role of the private sector.
  • Global Financial Compliance – This unit includes an overview of the international regulatory environment, compliance functions, managing the risk of financial crime, ethics, integrity and fairness, governance, risk management and general compliance.

Unit 1 – UK Regulation and Professional Integrity

This exam tests candidates’ ability to apply appropriate knowledge and understanding of UK financial markets, regulation and ethics to financial planning, advice and management for retail customers.

It will test the following elements:

  • The UK financial services industry and its relationship with UK consumers
  • Professional ethics and integrity
  • UK regulatory infrastructure, including European Union Directives
  • The FCA’s supervisory objectives, principles and processes
  • Authorisation of firms and individuals
  • The regulatory framework relating to financial crime
  • Complaints and compensation
  • The regulatory framework relating to the provision of financial services, fair treatment of customers and protection of client assets

Revision aids for Unit 1

Your revision aids for Unit 1 consist of:

  • Comprehensive text that covers all the syllabus areas towards the exam Practice & Revision Kits accompanied by full answers so you can learn as you go, developing your knowledge and exam technique - an excellent preparation for the real thing
  • Review exercises - these are great for testing your memory and evaluating how much you have retained and learned
  • Pass cards – re-focusing your attention to key learning areas within the syllabus
  • Unlimited access to our online audio-visual tutorials, which cover key syllabus areas at all levels
  • Visit the CISI IAD pages for further details

    Unit 2 – Regulation and Compliance

    This unit provides delegates with an understanding of the legal, regulatory and ethical framework of the UK financial services industry. The unit covers FSMA 2000 as well as the European Financial Services Regulation framework, the FCA handbook of rules and guidance, the regulatory framework surrounding the disclosure of substantial holdings of shares, takeovers, insider dealing, money laundering and the regulation of markets and exchanges. You should have an understanding of the underlying principles and policy considerations as well as the practical application of the regulatory system. Although no specific prior knowledge is required, the regulatory environment is in the midst of significant change so you need to ensure your knowledge is up-to-date.

    The course is split into three phases, the first two are the ‘knowledge’ stage of the course where we learn all the laws, principles and rules needed to pass the exam. The last phase is revision and question practice.

    Phase 1 of the course introduces the Financial Services & Markets Act 2000, the main UK regulators, the impact of international regulation and financial crime.

    Phase 2 of the course covers the FCA Handbook in detail, covering topics such as the High Level Standards, the Conduct of Business rules (COBs), Complaints, Compensation and the Takeover Code.

    Phase 3 is where we revise what is needed to pass the exam and work on exam technique. We review past exam papers and practice writing answers to short answer questions, case studies and essays.

    Revision aids for Unit 2

    Your revision aids for Unit 2 consist of:

    • Comprehensive text
    • Past Papers with Model Answers - fantastic for building your knowledge and perfecting your exam technique
    • Press Cuttings - to make sure you are kept abreast of topical issues
    • Mock Exam - an ideal way to identify your weakest areas and refocus your revision efforts

    See the CISI Diploma pages for further details

    Unit 3 – Risk in Financial Services or Combating Financial Crime or Global Financial Compliance

    There is a choice between Risk in Financial Services, Combating Financial Crime or Global Financial Compliance, and so depending upon which of these three you select, the unit covers different areas.

    Risk in Financial Services - This unit includes the principles of the risk management framework, risk regulation, operational risk, credit risk, market risk, investment risk, liquidity risk, corporate governance and risk oversight, model risk, and also Enterprise Risk Management (ERM).

    Combating Financial Crime - This unit includes a background of financial crime, including Money Laundering, terrorist financing, corruption and bribery, combating financial crime, the UK Bribery Act 2012, and the role of the private sector.

    Global Financial Compliance – This unit includes an overview of the international regulatory environment, compliance functions, managing the risk of financial crime, ethics, integrity and fairness, governance, risk management and general compliance.

    Revision aids for Unit 3

    Your revision aids for Unit 3 consist of:

    • Comprehensive Workbook from the CISI

    See the CISI Website page for further details.

    Flexible learning

    The BPP CISI courses are designed to fit around your personal and business life. Choose to study either on a classroom-based course or at your own pace via distance learning.

    Taught courses

    Taught courses focus on teaching the more technical aspects of the CISI Diploma in the Investment Compliance syllabus. We will run through examples and practice questions to help you get to grips with complex issues.

    All of our courses are taught by tutors with both academic and professional experience. The classroom environment is dynamic and interactive, so you can ask questions and get immediate feedback from your tutor.

    Key study points

    • MP3 and MP4 downloads
    • Online tutorials and revision kits
    • Full tutor support, whether learning in the classroom or distance learning
    • Rapid email response
    • Mock exam papers and consolidation exercises
    • Study guides for time management tips and learning techniques
    • PowerPoint course slides of class tutorials

    Flexible start dates

    We offer start-dates for unit courses throughout the year. For more information please  email us at financialservices@bpp.com.

    Entry requirements

    The DIC award has a mandatory prerequisite entry unit: Introduction to Securities and Investment (CISI IOC)

    If you are successful in achieving this qualification you will be eligible for MCSI membership of the Chartered Institute for Securities and Investment and access to the CISI Compliance Forum.

    Study locations

    You can train towards the three modules required for a CISI Diploma in Investment Compliance at our London training centre, in the heart of the City. You can also, of course, study by distance learning using our online materials.