CISI Global Financial Compliance study guide
CISI Global Financial Compliance · Work through your exam, one topic at a time.
The CISI Global Financial Compliance qualification sits within the professional qualifications portfolio of the Chartered Institute for Securities & Investment (CISI), a body that describes itself as representing over 54,000 members worldwide. It is aimed at compliance, risk and control staff, and at front-office practitioners whose roles touch regulatory obligations across more than one jurisdiction. The CISI Global Financial Compliance study guide has 5 sections and about 2,290 words.
01Compliance and Regulation in a Global Context
Domain 1 examines how compliance operates across borders: why regulation exists, how regimes differ, and how global standards and extraterritorial laws interact. Regulation pursues a mix of objectives: market confidence and integrity, consumer protection, financial stability and the reduction of financial crime.
493 words, about 2 min02The Regulatory Environment and the Compliance Function
Domain 2 tests the regulatory institutions and their powers, and how the compliance function is mandated, structured and held accountable. Supervisory authorities typically combine authorisation, rule-making, supervision, investigation and enforcement.
445 words, about 2 min03Financial Crime and Market Abuse
Domain 3 tests the financial crime regimes - money laundering, terrorist financing, sanctions, bribery and fraud - and the market abuse offences that overlay them. The three classic stages are placement, layering and integration.
473 words, about 2 min04Advising and Selling Conduct
Domain 4 covers conduct of business across the client lifecycle: categorisation, disclosure, suitability, best execution, product governance, client assets and complaints. Clients are retail, professional (per se or elective) or eligible counterparties, with protections decreasing as category rises.
452 words, about 2 min05Managing Compliance Risk and Breaches
Domain 5 tests how firms identify and manage compliance risk, and how they detect, escalate, report and remediate breaches. Compliance risk is the risk of regulatory sanction, financial loss or reputational damage from failure to comply.
427 words, about 2 min