Compliance Institute (CI) has agreed to merge with the Chartered Institute for Securities & Investment (CISI). The CI will wind down and transfer membership to the CISI.
The CI was formed in 1997 and its membership is composed of in-house compliance lawyers and officers. It has been affected by the recent difficult economic conditions and consequently has lacked the resources to develop its services to members, particularly qualifications.
Simon Culhane, CISI chief executive officer (CEO), said: “We are pleased that the majority of CI members have voted to join the CISI and we look forward to welcoming them. Compliance has always been an important area for our membership and we have plans to expand further into this sector later in the year.”
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