Outline FIRST Finance Accreditation Agency: Brief Overview FAA Roles and Functions SECOND FAA Products and Services Conclusion 2
Finance Accreditation Agency (FAA) An independent quality assurance and accreditation body supported by Bank Negara Malaysia and Securities Commission Malaysia Provides high quality assurance practices and accreditation of institutions, SECOND learning programmes and Executed by a committee individuals in the financial of technical experts, services industry (FSI) industry professionals and leading academics from the international FSI Aims to create highly skilled and internationally mobile professionals for the global FSI 3
FAA’s quality assurance & accreditation guidelines & standards FAA’s quality assurance and accreditation guidelines and standards are summarised as follows: FAA Quality Framework (FQF) FAA Learning Criteria (FLC) FAA Learning Standards (FLS) FAA Qualifications Structure (FQS) FAA Islamic Finance Professional Qualifications Structure (IFPQS) – (currently being developed) FAA Recognition of Prior Learning 4
FAA’s product & services FAA’s products & services are summarised as follows: FAA Programme Accreditation FAA Individual Accreditation (FDA) Certified Training Professional (CTP) Programme 5
Areas of f FAA Le Learning Standards Conventional Capital Market 01 02 Takaful Islamic Capital Market Technical 06 03 Competencies Conventional Banking Insurance 05 Islamic Banking 04 6
Conclusion: Impact on Industry Raise the bar for FSI talent and professionals - contributes to the industry’s sustainability Greater mutual recognition on qualifications – mobility & flexibility of professionals across sectors and jurisdictions Provide clear & systematic learning path for finance professionals Stronger partnership between industry & education & training providers – supply of Global Recognition of quality talent Learning Programmes in the IFSI 7
FAA Clients & Partners 03 04 8
FAA Clients 02 03 04 9
Thank You 10
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