IntegrityMatters, the online ethics test from the Chartered Institute for Securities & Investment (CISI), has seen the number of candidates double since the achievement of Chartered status less than three months ago, with the 1,000th candidate successfully completing the workshop and online test at the end of November 2009.
CISI member Robert Golledge, an Assistant Vice President at AllianceBernstein, who has just become the 1,000th candidate to complete the CISI integrity test, said: “I found the online workshop really useful before taking the test and it brought home what you need to think about when taking the test, which I found quite challenging. Being able to tell an employer that you have achieved this award is a valuable addition to the industry qualifications which are normally required.”
The CISI IntegrityMatters test was launched by Stephen Green, Chief Executive of HSBC, in September 2008 shortly before the major turmoil in financial markets. Simon Culhane FCSI, Chief Executive of CISI said: “The promotion of ethics and integrity within the financial services industry is a key part of our mission.The rapid increase in take up of IntegrityMatters, particularly with the increasing numbers of firms mandating it for their staff, demonstrates commitment within the industry to demonstrate staff conform to high standards of ethical behaviour.”
The CISI’s 1,000th candidate to complete the CISI integrity test is announced against the backdrop of increasing interest from the FSA about the corporate culture of firms and the ethics of individual directors.
The CISI IntegrityMatters elearning, online test highlights ethical dilemmas individuals may face within their workplace. Six separate case studies develop, depending on how the question is answered. In some cases the scenario will end after a few questions, whilst others take much longer.