This change was led by KYC/Onboarding and the ongoing focus on Financial Crime by the regulators and to ensure that we continue in a more professional and sustainable manner, positioning us well for the next decades.
This development has led to a restructuring of the association, with the establishment of a new Advisory Board made up of invited senior practitioners from regulated financial services firms on both buy side and sell side. And a new membership structure has also been created, full details of which can be found here.
ISITC EUROPE CIC’s focus remains on providing clarity in an ever-changing and complex environment, helping to solve operational problems by providing a discussion forum for its buy and sell side members, to keep abreast of key topics and industry developments. This will happen through a series of membership only events, workshops and masterclasses, on issues from Standardisation to Digitalisation, the Future Use of Technologies and the ongoing demands and interaction with Regulators. (Outputs and community follow-up of these sessions and events will be published on the members only area of our website. Please visit the events page for details of upcoming events.)
ISITC EUROPE CIC continues its strong associations with the CISI as well as Universities and has two over-arching goals. Firstly, in educating the younger generation on Financial Services to enable them to have a positive understanding of our industry and the ways to interact with it in a meaningful way. Secondly, to provide knowledge and understanding towards relevant sustainable finance issues and topics which increasingly remain at the forefront of many organisational, government bodies and agencies agenda. (Further updates to follow.)
ISITC EUROPE CIC seeks to stay closely aligned with its sister company ISITC U.S. in order to share common themes, as well as best practice across members of both organisations.