INSTITUTE OF CERTIFIED INVESTMENT AND FINANCIAL ANALYSTS TENDER JANUARY 2023 

THE INVESTMENT AND FINANCIAL ANALYSTS ACT, NO. 13 OF 2015 

NOTIFICATION OF APPROVED QUALIFICATIONS FOR REGISTRATION

The Investment and Financial Analysts Act, No. 13 of 2015 (the Act) provides for the establishment, powers and
functions of the Institute of Certified Investment and Financial Analysts (the Institute), the examination and
registration of Certified Investment and Financial Analysts, and for connected purposes.
Pursuant to subsections 16 (2) and (3) of the Investment and Financial Analysts Act No. 13 of 2015 (IFA Act),
the Council of the Institute of Certified Investment and Financial Analysts, in consultation with the Examinations
Board, has considered registering as Full Members, persons who are currently practitioners in the financial
services industry and had at least ten (10) years’ experience as at 7th June 2017 provided that such persons satisfy
the following criteria:
1. that they have adequate knowledge of Kenyan laws, including taxation law and laws governing
financial markets as set out by the Examinations Board (kasneb);
2. that they have adequate experience in investment and financial analysis at senior management
currently;
3. that they have acceptable professional conduct and general character which in the opinion of the
Registration Committee make such persons fit and proper persons to be registered;
4. that they hold a relevant degree, preferably Masters in Finance, Investment, Banking, Economics,
Statistics, Actuarial Science, or equivalent degree from recognised and accredited universities;
5. that they possess relevant professional qualifications, preferably CIIA, CFA, FIA, CPA, or qualifications
equivalent to CIFA, recognised by the Institute; and
6. that they satisfy the requirements of Chapter 6 of the Constitution of Kenya.
Applicants will be required to undertake a prescribed programme leading to an assessment to be conducted
jointly by the Institute and the Examinations Board, and they will also undertake the Institute’s ethics and integrity
test in compliance with subsection 8 (f) of the IFA Act. In accordance with the IFA Act, the applicants are required
to satisfy the Registration Committee that they possess the necessary requirements and qualify for registration
as Full members of the Institute.
Persons who are eligible for registration as outlined in the requirements above may submit a duly completed
prescribed application form for this purpose together with a detailed up-to date CV via the Institute’s online
registration portal at www.icifa.co.ke from 1st January 2023 to 31st March 2023. Applications received after
the deadline will not be considered.

 

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