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ANBID is the principal certifying agency in the market. The
Association's Continued Certification Program is designed to foster a process
of skills upgrading for capital markets' professionals who are in direct
contact with the investors in the selling of investment products. In line with
the National Monetary Council's Resolution 3,158, ANBID has instituted specific
examinations designed to evaluate market professionals' knowledge of the
principal characteristics of investment products. For this purpose, the
Association coordinates its activities with the financial and capital market
professionals by creating examining boards for preparing and reviewing
examination questions. These activities are carried out with the support of the
Carlos Chagas Foundation.
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Two certifications are offered:
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CPA-10 - ANBID Professional Certification - Series 10
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This is for certifying those professionals in bank branches with direct contact
- either on a face-to-face or remote basis - with the customers in the selling
of investment products. These examinations cover among other topics, the
ethical standards of behavior which must be uppermost in the customer
relationship so that the products offered comply with customer investment
objectives and risk parameters.
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CPA-20 - ANBID Professional Certification - Series 20
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Has as its principal objective the continual technical upgrading of those
professionals who have direct contact with Qualified Investors in the sale of
investment products. This initiative - in line with the prevailing legislation,
institutes an objective mechanism for evaluating the principal aspects related
to the selling of these products. The professional has to display an
understanding of the principal characteristics of the products on offer,
including their principal risk factors, as well as the appropriate ethical
standards.
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ANBID also sponsors the Certified Financial Planner (CFP) qualification in
Brazil - an international benchmark in financial planning - as a senior
associate member of the Brazilian Institute for the Certification of Financial
Professionals - IBCPF.
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