The SII made a submission through the Privy Council to become the “Chartered Institute for Securities & Investment”.
The SII will formally become a chartered body once the Queen has signed the charter. This document is now being prepared and is expected to be complete this autumn. The SII will then be officially known as the Chartered Institute for Securities & Investment.
SII chairman Scott Dobbie says: “It is very pleasing that the SII, which has built an enviable reputation for professionalism in the sector, has had its position as a pre-eminent professional body endorsed by the award of a Royal Charter.
“I would like to thank all of our members and corporate members for their commitment to high standards in qualifications, continuing professional development, and in the promotion of integrity and ethics – the foundation stones of our application to the Privy Council.”
SII chief executive Simon Culhane says: “We are delighted that the Institute has been awarded a Royal Charter which is public recognition of both the importance of our industry and the professionalism of those who work in it.”