12.17.2019

ACI Financial Markets Association Updates Exams

12.17.2019
Shanny Basar

The ACI Financial Markets Association (ACIFMA) has today announced that it will be updating its exam suites with all new syllabi.

This update will begin with the ACI Diploma New Version for senior foreign exchange and money market dealers, corporate and bank treasurers and senior operations staff.

The ACI Diploma has long been a leading internationally recognised exam designed to ensure that candidates acquire a highly theoretical and practical knowledge of the FX and money markets, as well as their related instruments environment and applications as well as the connections that exist between those markets and the practice of risk management.

Recognised by regulators across the world, the ACI Diploma is a highly appropriate qualification for market professionals. This includes the UK’s Financial Conduct Authority recognises that the ACI Diploma complies fully with the qualification requirements or four activities of their Retail Distribution Review.

With its latest syllabus, the Diploma New Version has built on its already impeccable reputation by being the first to be organised across its five core areas: Financial Markets Environment, Foreign Exchange, Rates, FICC Derivatives and Financial Markets Applications.

As well as a new syllabus, the ACI Diploma New Version has an all new examination process. The Diploma New Version is made up of 5 topic baskets where candidates must score 50% in each, with the whole Diploma containing 18 topic baskets.

Rui Correia, Director of Education and Chair of Board of Education at ACIFMA commented: “The ACI Diploma New Version, is part of the ACIFMA’s longstanding commitment to provide participants with the most up to date and relevant qualifications when involved across our exams suite.

“As we enter a new year, we will also be launching our new syllabus of the ACI Dealing certificate, FX Global Code exams in French and the ACI Diploma New Version in German. At ACIFMA we have long been leading influencers of ethical conduct and good market practices to financial market professionals and ensuring our syllabi are as up to date is possible is a keyway in maintaining this.”

For the time being, the ACI Diploma New Version will co-exist with the ACI Diploma, with the latter expected to be retired in the second half of 2020.

Source: ACIFMA

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