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Home Business News Financial Services

100% pass rate for Jersey and Isle of Man financial services staff

July 8, 2022
in Business News, Financial Services, Isle of Man News, Jersey News
Jill Britton
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School of International Financial Services (SIFS) students have achieved a 100% pass rate in the Chartered Governance Institute International Certificate in Financial Services Regulation.

In May 2022 a number of employees from the Jersey Financial Services Commission (JFSC) and the Isle of Man Financial Services Authority (IOMFSA) completed the International Certificate in Financial Services Regulation, a Level 3 qualification awarded by The Chartered Governance Institute UK & Ireland, achieving a 100% pass rate.

The internationally recognised qualification is studied over nine months and equips students with a thorough understanding of the regulation of financial services.

Helen Hatton, Director at SIFS, said: “Both Jersey and the Isle of Man are considered among the best regulated IFCs in the world. The commitment of the local regulators to training aids their continued high standards and we are delighted with the 100% pass rate this year. It truly is a testament to the training and support of the JFSC and the IOMFSA.”

The Chartered Governance Institute, founded in 1891, is a global governance body that assures world class standards of governance by setting the international qualifying standard.

Theresa Minnie ACG, Head of Outreach at The Chartered Governance Institute UK & Ireland, said: “I cannot stress how essential the International Certificate in Financial Services Regulation qualification is for anyone already working or aspiring to work within the financial services regulator environment. Robust and effective regulations and their enforcement are crucial to the smooth operation of financial systems. This qualification will ensure anyone working as a regulator acquires the skills and knowledge they need for a successful career.”

Jill Britton (pictured), Director General of the Jersey Financial Services Commission said: “Huge congratulations to this cohort of students for their 100% pass rate. It is critical that we as a regulator, and as an industry as a whole, have continuous professional development and training. Our staff are at the core of what we do, and I am delighted to see them thrive with the School of International Financial Services and be awarded with this internationally recognised qualification.”

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Tim Bullock

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