Canada's leading financial educator plays essential role in China's growing securities market

    TORONTO, Aug. 14 /CNW/ - CSI, Canada's financial educator, has
strengthened its education leadership in China with a new advanced education
program for Chinese compliance executives.
    The new compliance program is the latest endeavour to come from CSI's
partnership with the Securities Association of China (SAC). For the past seven
years CSI has taken the lead developing the education and training standards
for China's growing securities industry. The relationship has been so
successful that CSI has been named the official education partner of the SAC,
the only foreign entity to enjoy such standing in the Chinese securities
    "Canada's leading financial educator has expanded to become China's
leading provider of financial training as well," observed Roberta Wilton,
President and CEO, CSI. "CSI delivers an unprecedented amount of training
across all ranks of China's security industry. Our combination of experience
and innovation makes us uniquely qualified to provide both broad based
educational programs as well as timely specialized training, such as the
compliance course."
    Compliance and risk management have taken on a greater role recently as
regulators work to avoid further economic disasters. Greater pressure is being
placed on the world's financial systems to improve compliance procedures and
enforcement, via industry self-regulation and government bodies.
    In response, CSI and the SAC developed the "Canadian Compliance
Standards" program.
    "Compliance policies are instrumental to the healthy and sustainable
development of China's securities firms," said Vice Chairman Yang Xiaowu of
the SAC. "Canada has several decades of experience in compliance, and through
this program our firms can learn those practices."
    "Canada's financial industry, with its stringent policies and procedures,
was one of the few to weather the latest financial storm. SAC looked to CSI to
bring its more than 30 years experience with the Canadian system to develop
the new compliance education course," observed Wilton.
    The end result of this collaboration was an intensive four-week program,
hosted in Toronto, attended by senior compliance executives from China's
largest securities and brokerage firms.
    "Through this joint CSI-SAC Chief Compliance Officers Program, compliance
officers from 25 major Chinese securities firms have gained a deep
understanding of the components, focus, and procedures of compliance policies
and implementation in Canadian financial institutions." said Mr. Zhu Limin,
Delegation Leader and Chief Compliance Officer for China Securities
    The training program culminated in a half day symposium that brought
Canadian and Chinese compliance leaders together to discuss evolving
compliance issues faced by both countries. Canadian participants included
Julie Eisenstat, Managing Director and Head, Capital Markets Compliance
Canada, RBC Capital Markets, John R. Morton, Managing Director, Head of Retail
Compliance, Scotia Capital sand Kim Buntain, Director, Global Compliance for
BMO Capital Markets as well as representation from the Ontario Securities
    This is not the first time CSI has worked with the Chinese association to
address recent market developments. Earlier this year, CSI and SAC co-hosted a
well-received national symposium, entitled "Moving Forward: Emerging Best
Practices from the Global Financial Crisis" in Hainan, China. More than 140
financial professionals representing more than 70 Chinese securities firms
attended. The symposium provided a forum for Canadian and Chinese securities
executives to exchange lessons learned from the market crisis.
    As SAC's educational partner, CSI continues to lead the way in China,
working with some of the country's largest brokerage and securities firms to
provide training ranging from the fundamentals of the Canadian Securities
course to the latest in Wealth Management and Compliance programs.

    For almost 40 years CSI has been Canada's premier provider of
professional qualifications and compliance solutions for the financial
services industry helping more than 700,000 financial professionals reach
their career goals. CSI offers more than 120 courses and credentials ranging
from the well-known Canadian Securities Course to the Chartered Professional
(Ch.P.) Strategic Wealth designation. Valued for its expertise in Canada, CSI
also partners with organizations worldwide to provide financial services
consulting and training projects in Asia, Europe, the Middle East and the
Caribbean. CSI can be found at

For further information:

For further information: Editorial contacts: Loretta Lam, Focus
Communications Inc., (905) 305-0308 x 208; Felicitas Adrian, CSI, (416)

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