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FERMA moves ahead with plans to create a pan-European certification for risk managers

According to FERMA’s latest newsletter, the association’s plans to create a pan-European certification for risk managers are moving forward, following agreement by the FERMA board to move from the research to the planning stage for the project.

FERMA’s certification steering group has devised a project and governance structure for planning towards certification, and by February 2014, it intends to have a first draft prepared for each of the four pillars of certification: knowledge, experience, ethics and continuing professional development.

FERMA is not going to become an education provider, instead it will establish a framework to allow certification of learning programmes run by associations, commercial education bodies, institutes and universities. The steering group is currently talking to education and training providers to confirm whether completion of their programme would be up to the standard of the FERMA certification.

FERMA has also clarified how the new certification will sit with other existing qualifications. Julia Graham, FERMA President says, “It is very important for everyone to realise that whatever education or qualifications members already have, they are not going to be thrown away or disregarded. You may need to do some extra work to get certification but what you have will have a value.”

•Date: 27th November 2013 • Europe/UK •Type: Article • Topic: Enterprise risk management

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