NISM’s MFD CPE Programme
National Institute of Securities Market (NISM) has empanelled CIEL to provide continuing
professional education (CPE) programmes for revalidating the mandatory certification for distributing mutual funds. This replaces the refresher course that used to be conducted under the auspices of the Association of Mutual Funds in India (AMFI) for renewal the ARNs.
As per NISM’s revised guidelines, from 1st June 2012 onwards, it is mandatory for the candidates to attend a 2 day NISM CPE programme within a period of 12 months prior to the expiry of their certificate. Candidate can either attend the programme on 2 consecutive days or with a gap provided both the days are taken within the period as mentioned above.
CIEL conducts the 2 day classroom sessions based on the curriculum approved by NISM which includes a recap of important concepts and an update on the current developments in the industry with respect to products, processes, regulation and compliance. The 2nd day session concludes with a quiz. Participants are provided a certificate of participation by NISM. This CPE certificate revalidates the eligibility of the following who are required to have a valid certification to be able to sell or distribute mutual fund products:
- Individual mutual fund distributors
- Employees of organizations engaged in sales and distribution of Mutual Funds
- Employees of asset management companies specially persons engaged in sales and distribution of mutual funds
AMFI renews the ARN issued to the distributors on submission the certificate after completion of the CPE programme.
To participate in the CPE program, an individual can either register directly with CIEL at cpe@ciel.co.in or through a mutual fund which arranges a CPE program with CIEL for a group of its distributors.
To know the forthcoming CPE program dates and locations refer to the Training Calendar section of this website.
To address your queries (registration, certificate, eligibility, validity and others) and get clarifications on the program, refer to NISM CPE training Frequently Asked Questions (FAQ) section and Contact Us section of this website.
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