Driving Quality Excellence
in the Financial Services Industry
“ Ultimately,
the value of the accreditation process lies in its ability to ensure
that the educational foundations for professionals employed in the industry
are preparing them adequately for their roles. The involvement of industry
practitioners on the various accreditation committees and panels of the FAA
provides that essential link to close the gaps between what the industry needs,
and the training programmes being offered… If the talent requirements of the
financial sector are to be effectively addressed and managed, the industry
cannot be a spectator. ”
– Tan Sri Dr Zeti Akhtar Aziz, Governor of Bank Negara Malaysia
Finance Accreditation Agency
Driving Quality Excellence
in the Financial Services Industry
CONTENTS
WHO WE ARE
01
PURPOSE
01
WHAT WE OFFER
02
PRODUCTS
03
SERVICES
04
FAA TECHNICAL COMMITTEE
05
WHO CAN BENEFIT FROM ACCREDITATION?
06
WHO DO WE ACCREDIT?
06
FAA FACTS
07
Finance Accreditation Agency
Driving Quality Excellence
in the Financial Services Industry
The Finance Accreditation Agency (FAA) is responsible for
raising the standards and quality of professional learning
and development in the financial services industry. As
an advocate for the highest quality in internationally
benchmarked standards for learning programmes, FAA
aims to create highly skilled and internationally mobile
professionals for the global financial services industry.
WHO WE
ARE
FAA is an independent quality assurance and accreditation
body supported by Bank Negara Malaysia (Central Bank of
Malaysia) and Securities Commission Malaysia. The process
of quality assurance practised by FAA is underpinned by the
FAA Technical Committee which comprises a world-class
panel of experts and practitioners from the financial services
industry and leading academics.
PURPOSE
To empower organisations and individuals in the
financial services industry with consistency and
quality in learning and development through the
use of proprietary tools and learning standards.
01
Finance Accreditation Agency
Driving Quality Excellence
in the Financial Services Industry
Through our accreditation initiatives across the globe, we
ensure high-quality learning and development for finance
professionals. Our work helps to raise the quality and
standards of talent that directly contribute to a sustainable
financial services industry.
WHAT WE
OFFER
International
Learning Standards
Organisations empowered with knowledge based on
our internationally benchmarked learning standards,
supported by our accreditation assessment, will be able to
make use of their talent across borders and jurisdictions,
making it more practical for organisations to function in a
dynamic and global market.
Our accreditation process is simple for organisations,
whilst the analysis conducted by our accreditation panel
is rigorous but fair. The in-depth analysis of each learning
programme ensures that they are current, practical and
consistent.
In-Depth Analysis
International Team of
Experts
Our accreditation panel, made up of an international team
of technical experts, industry professionals and leading
academics, enables us to maintain and recommend the
highest quality in standards. To maintain a global outlook
and learning programmes that translate across borders,
we have made sure that our accreditation panel comprises
members from major financial centres of the world.
Finance Accreditation Agency
02
Driving Quality Excellence
in the Financial Services Industry
PRODUCTS
ISLAMIC
BANKING
ISLAMIC
CAPITAL
MARKET
FAA Learning Standards – a reference suite for learning
and development in the financial services industry.
TAKAFUL
FAA
LEARNING
STANDARDS
INSURANCE
BANKING
CAPITAL
MARKET
03
FAA has developed an instrument in the form of learning
standards that provide a comprehensive guide on the
minimum level of acceptable practices in the design,
development and delivery of learning programmes.
It is an essential instrument in the development and
enhancement of the competencies and capabilities
of financial services industry employees for career
and self-development, which contribute to enhanced
individual and organizational performance.
Finance Accreditation Agency
Driving Quality Excellence
in the Financial Services Industry
SERVICES
QUALITY
ACCREDITATION
PROFESSIONAL
DEVELOPMENT
RECOGNITION
Accreditation of financial
learning programmes
A suite of professional
development instruments
Recognition of learning
and experience
Finance Accreditation Agency
04
Driving Quality Excellence
in the Financial Services Industry
FAA TECHNICAL
COMMITTEE
FAA Technical Committee comprises the
greatest minds in the financial services
industry and academia, tasked with
overseeing FAA’s learning standards and
accreditation.
UNITED KINGDOM
UNITED STATES
KUWAIT
EGYPT
HONG KONG
INDIA
SAUDI UNITED ARAB
ARABIA EMIRATES
MALAYSIA
SINGAPORE
05
Associate Professor Mak Yuen Teen
National University of Singapore, Singapore
Emeritus Professor Rodney Wilson
Durham University, United Kingdom
Baljeet Kaur Grewal
KFH Research Ltd, Kuwait
Gerald Ambrose
Aberdeen Islamic Asset Management, Malaysia
Carrie Leung
Hong Kong Institute of Bankers, Hong Kong
Lee Kha Loon
CFA Society Malaysia, Malaysia
Dato’ Dr Mohd Azmi Omar
Islamic Research and Training Institute, IDB, Saudi Arabia
Md Adnan Md Zain
Malaysian Financial Planning Council, Malaysia
Datuk Dr Mohd Daud Bakar
International Institute of Islamic Finance, Malaysia
Mohamad Salihuddin bin Ahmad
Business Advisor, Malaysia
Datuk Jamaluddin Nasir
Former Banker, Malaysia
Navin Pasricha
Columbus Circle Governance, Malaysia
Dawood Taylor
Prudential Corporation Asia, Hong Kong
Professor Nabil N. El-Hage
Former professor of Harvard University, United States
Dr Cheah You Sum
Sunway University, Malaysia
Professor W. Jean Kwon
St. John’s University, United States
Dr R. Bhaskaran
Former CEO of Indian Institute of Banking and Finance, India
Sohail Jaffer
FWU Dubai Services, United Arab Emirates
Dr Shehab Marzban
Shekra Crowdfunding, Egypt
William Brian Howarth
International Compliance Association, United Kingdom
Finance Accreditation Agency
Driving Quality Excellence
in the Financial Services Industry
WHO CAN BENEFIT
FROM ACCREDITATION?
The entire financial services industry will benefit from increased quality in learning and development.
Whilst the long term benefits are industry-wide, financial institutions will realise benefits when employees
experience the accredited learning programmes.
A learning and development experience that’s internationally benchmarked ensures that financial
institutions are better equipped to allocate their human capital to the areas they will be most effective.
Learning programmes can be improved by ensuring they are consistent with industry needs and
practices.
By delivering learning programmes that are consistent in terms of terminology, content and quality:
•
Financial institutions can ensure they are ready to take on dynamic industry needs,
•
HR departments can better assess knowledge gaps and plan learning and development more
effectively,
•
Quality of learning initiatives will increase.
WHO DO WE
ACCREDIT?
Learning programmes and qualifications offered by:
BANKS
INSURANCE
COMPANIES
INSTITUTIONS OF
HIGHER LEARNING
PROFESSIONAL
BODIES
TRAINING
PROVIDERS
Finance Accreditation Agency
06
Driving Quality Excellence
in the Financial Services Industry
07
Finance Accreditation Agency
Driving Quality Excellence
in the Financial Services Industry
Finance Accreditation Agency
08
FAABerhad
FAABerhad
company/finance-accreditation-agency
+603 2788 1212
+603 2788 1200
info@faa.org.my
12-1 Level 12 Tower 3 Avenue 7
The Horizon 2, Bangsar South
No. 8, Jalan Kerinchi
59200 Kuala Lumpur, Malaysia
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