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Focklaghyn-naight Media Update - November
2001
Launch
of the MSc Financial Regulation & Compliance
Management
at the International Business School
This weekend the International Business School
launches its second specialist Masters programme, the prestigious
MSc in Financial Regulation & Compliance Management.
Professionals from many of the Island's leading
financial services organisations have enrolled on the programme
armed with substantial experience and responsibilities from work.
Over the next two years the students, whose average age is 36, will
tackle a range of work-based and academic assessments, and a significant
dissertation. Also covered in the programme are off-island study
visits, to the continent and to the United States, to study the
regulatory systems of other jurisdictions.
The programme is taught intensively over eight study
weekends, which means that the International Business School is
now operating seven days a week.
Chris Thomas, Senior Lecturer and Director of the
programme, says: "I am very excited about the commencement of the
course, having moved to the Island in August to take up the challenge
of developing this and similar professional and management programmes
at the IBS.
In 1994 I went to the US to explore the original
idea to create the programme on behalf of the UK regulator, and
our academic partner, London Guildhall University. John Bourbon,
formerly Head of Supervision at the FSC, and a graduate of the 1997
class, was the first one to discuss with me the possibility of this
version of the programme for the offshore environment. I am so glad
he did. I am confident that so many stakeholders in our programme
will benefit from it: the regulators, the regulated, the Isle of
Man itself, and basically the human capital of this island".
As well as full-time academic staff from the International
Business School, lecturers on the programme include islanders -
Professor St John Bates; David Doyle, Dickinson Cruickshank and
John Hemmant, Charlemagne Capital - as well as off-islanders - Nick
Lynch, London Guildhall University and independent consultant, Gary
Hagland.
Chris Thomas adds: "The UK Financial Services Authority
have supported this programme because it offers an opportunity for
professionals to develop advanced skills, knowledge and values in
vital areas of financial regulation and compliance management. On
a local level the Isle of Man Government, the Financial Supervision
Commission and the Isle of Man branch of the Compliance Institute
have supported the development of the programme as have several
firms, especially KPMG, Skyefid and the Royal Bank of Scotland."
Weblinks: www.ibs.ac.im
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