Ethics and professionalism cornerstone of new ACCA and CFA Institute MoU

The Association of Chartered Certified Accountants (ACCA) and CFA Institute, the global association of investment professionals, have agreed a three-year Memorandum of Understanding (MoU) establishing a programme of focused activity that will see both bodies collaborating on a number of key developments.

Helen Brand OBE, chief executive of ACCA and Paul Smith CFA, president and CEO of CFA Institute signed the agreement, witnessed by Leo Lee, ACCA’s President and Robert W. Jenkins, FSIP, Chair of the Board of Governors of CFA Institute.

The MoU makes CFA Institute the first professional investment management body to enter into an agreement with ACCA, which will see the two bodies focusing on important issues for both professions, such as ethics and professionalism, Continuing Professional Development (CPD) and thought leadership, exploring areas of common interest across research and professional insights work.

ACCA and CFA Institute will also seek to host joint events and webinars, working to showcase the public value of both professions and the need for collaboration between accountants and financial advisers.

Helen Brand said: “I’m delighted CFA Institute is the first professional investment management body to sign a MoU with ACCA. Our values align very closely, as we are both working globally to deliver the highest ethical and professional standards, ensuring our members deliver public value for the benefit of their employers, and customers. The tangible value of both ACCA and CFA members lies in their integrity, professionalism and the expertise they’ve cultivated through our rigorous qualifications and their on-going commitment to CPD.”

Paul Smith at CFA Institute said: “We at CFA Institute are delighted to mark the signing of the Memorandum of Understanding between our two great organisations. CFA Institute and ACCA share the same values and we certainly have similarities in our missions. It makes perfect sense that we should formally mark our future cooperation, and we look forward to partnering with ACCA as we jointly work to enhance our respective professions.”