Professional Bodies – a sign of quality
Whilst anyone concerned with the delivery of Financial Services in the UK will be regulated by the FSA, we like to think that we go further in Quality Assurance though membership of the London Stock Exchange and the Chartered Institute for Securities and Investment.
It is often said that you can tell the measure of a man/woman by the club he/she belongs to. Killik & Co are members of two professional bodies which are, in their own right, seen as a symbol of quality.
The London Stock Exchange - LSE
The LSE has a history going back 300 years and it remains the first choice of equity market liquidity in the UK. Over 600,000 trades a day are executed on the LSE’s markets – an average of £16 billion in value.
(*Source: www.londonstockexchange.com)
Benefits
- As a member of the LSE Killik & Co has privileged access to high quality, real-time market data information which enables our experts to give timely, accurate advice to our clients.
- We also have direct access to the world’s largest pool of international investment capital.
- Being a member of the LSE also ensures Killik & Co is connected to technology and systems that ensure regulatory compliance and provide for the secure transmission of trade and settlement data.
Chartered Institute for Securities and Investment
For those working within the industry the CISI is highly regarded and respected promoting as it does the highest level of professional excellence, competence and integrity to its members.
Benefits
- As one of an exclusive group of Corporate Members of the CISI, Killik & Co is able to provide tangible evidence that it meets high standards of quality.
- We support the CISI’s qualifications and continuing professional development programme. Ensuring our people are fully competent for their work is a priority.
- We also support the CISI’s code of conduct and commitment to integrity. Throughout Killik & Co, we expect the highest standards of conduct from all staff as we go about our business.
The Financial Services Authority – (FSA)
The FSA is an independent body responsible for regulating the financial services industry in the UK including Killik & Co. Funded wholly by the industry it regulates, the FSA is company limited by guarantee and is accountable to the UK Parliament. Its key aims are: to maintain market confidence, to promote public understanding of the financial system; to help consumers get a fair deal and to reduce financial crime. It began life in 1986 as The Securities and Investments Board Ltd. In 1997 it changed name to the FSA and was later given statutory powers by the Financial Services and Market Act of 2000. As well as regulating banks, insurance companies and financial advisers, the FSA now also regulates the UK mortgage industry and general insurance intermediaries.
Benefits
- The FSA aims to ensure an efficient, effective market through a principles-based approach to regulation. Killik & Co fully supports these aims.
- The Treating Customers Fairly (TCF) programme is central to delivering a better deal to consumers throughout the financial services industry.
- Additional consumer protection is provided through the Financial Services Compensation Scheme (FSCS) and the Financial Ombudsman Service (FOS).