The Financial Planning Standards Board (FPSB), owner of the international Certified Financial Planner certification programme, has been approved as an affiliate member of the International Organisation of Securities Commissions (IOSCO), the international standard setter for securities markets.
FPSB submitted its application for membership for consideration by the IOSCO board of directors at its October 2012 meeting in Madrid.
“As an international standards organisation for the securities sector, IOSCO is making decisions on various issues that could impact the practice of financial planning and the role of financial planning professional bodies around the world,” says Noel Maye (pictured), chief executive of FPSB. “As the non profit, professional standards-setting body for the global financial planning community, FPSB will bring the perspective of over 140,000 certified financial planner professionals to the debate on issues such as investor protection and standards of conduct for financial intermediaries.”
“We are pleased to welcome FPSB as an affiliate member of IOSCO,” says David Wright, secretary general of IOSCO. “FPSB will bring a global professional financial planning body perspective on the issues faced by the consumers of financial advisory services and financial planning to IOSCO debates.”