The Securities and Investment Institute is setting up a new high-level compliance qualification.
The diploma in investment compliance is the first of its kind for staff working in the securities and investment sector.
The exam will consist of three modules. The first paper will be an introduction to investment, the second focuses on the FSA regulatory environment and the third is a three-hour written exam on regulation and compliance.
Chief executive Simon Culhane believes there is increasing demand for a qualification of this type. He says compliance officers are no longer considered box-tickers and senior compliance professionals are present in the boardroom.
The exams will be offered at venues including Birmingham, Bournemouth, Bristol, Edinburgh, Glasgow, Guernsey, Leeds, London and Manchester.