==
The Council of Chartered Financial Analysts of
India ==
The Institute of chartered Financial Analysts
of India established the
Council of Chartered Financial
Analysts (CCFA ) in 1989 as a non-profit society to
promote and regulate the profession of Chartered Financial Analysts
certified by
ICFAI through
their
Indian CFA
program. The Charter holders are barred from using their charter in
the USA and Canada from a previous court ruling in favor of the
CFA
Institute of USA which has exclusive right to CFA Charter and
Trademark rights in the USA and Cananda. The Charter holders are
however recognized in Europe,South America,Asia,Africa and
Australia. The
EFFAS
(
European Federation of Financial Analyst
Societies),
The Asian Securities Analysts
Federation(
ASAF), The
APIMEC recognize the ICFAI Institute and CCFA
charter from CCFA and allow Charter holders from CCFA to take up
the international level of the prestigious
CIIA designation exams directly.
Trade
Marks
The CFA Institute has exclusive rights to the CFA
charter in USA and Canada and CFAs from CCFA are barred from using
their charter in the USA and Cananda.The CFA Institute won a
case in India and brought a temporary injunction in August
2006.The CFA Charter is issued from CCFA through ICFAI
university state legislature ( Tripura Act (8) of 2004) Approved by
UGC under section 2(f).The University in association with CCFA
is mandated by Indian Law to offer the CFA charter and designation
on those who qualify the regulations of CCFA. Membership
:
Candidates have to successfully complete the Groups Alpha,
Beta, Gamma, and the subjects Security Analysis, and Portfolio
Management and Mutual Funds of the MS (Finance) Program of the
ICFAI University are
eligible to apply for becoming full members in CCFA. Only those
members whose names are duly recorded in the Register of Members of
CCFA are authorized to use the designation and charter "Chartered
Financial Analyst" (in full) and "CFA" (in brief).
The members
are obliged and governed by the Code of Ethics and the Standards of
Professional Conduct
[1768] along with the
Rules and Regulations laid down by CCFA, the code of ethics is very
similar to that laid down by other Indian proffessional and
regulatory bodies like
ICAI,
ICWAI,
ICSI,
ASI,
III..,etc
CFA and Other Traditional Professional Qualifications in
India
Chartered Financial Analysts deal with mainly four
focus areas:
Corporate FinanceInternational
FinanceInvestment ManagementFinancial ServicesChartered
Accountants deal
with:
AccountancyAuditingTaxationInvestigationPrivate
Practice (Statutory) Official Website:
CCFA India -
[1769]