Overview
Recognises that the design, development and delivery of a learning programme meet the FAA Learning Criteria and are in compliance with the FAA Quality Framework as well as financial services industry requirements. Widens industry recognition of a programme and increases its competitive edge by providing a clear indicator of its high quality and conformity with industry standards.
Process
- FAA offers three (3) types of learning programme accreditation:
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FAA Approval FAA Provisional Accreditation FAA Full Accreditation Type of Programme One-off learning programme (e.g. conferences, seminars or workshops) A learning programme that has yet to be delivered A recurring learning programme Processing Time Between five (5) and fifteen (15) working days upon submission of a complete and accurate application Between four (4) and eight (8) weeks upon submission of a complete and accurate application Eight (8) weeks upon submission of a complete and accurate application Validity Period Till end of the programme Non-academic: 1 year
Academic: Contingent upon the duration of the learning programmeNon-academic: 2 years
Academic: 5 yearsRequirements for Renewal You must apply for FAA Full Accreditation for this learning programme at least three (3) months before the expiry of the validity period You must apply for renewal at least three (3) months before the expiry of the validity period. Appeals Within 14 working days with the required additional information/documents. Only one appeal is allowed. Within 14 working days with the required additional information/documents. Only one appeal is allowed. Within 14 working days with the required additional information/documents. Only one appeal is allowed.
Scope
- FAA offers three (3) types of learning programme accreditation:
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FAA Programme Accreditation is a process to recognise that the design, development and delivery and all other related activities of a learning programme within the financial services industry are relevant to the needs of industry by meeting the FAA Learning Criteria and complying with the FAA Quality Framework.
FAA Programme Accreditation is designed for learning programmes within the financial services industry from:
- Financial Institutions
- Professional Bodies
- Training Providers
- Institutes of Higher Learning
- Associations
FAA provides learning programme accreditation within the financial services industry for the following types of programmes:
- Islamic Finance
- Banking
- Insurance
- Capital Markets
- Corporate Programmes
