“CERTIFIED” CERTIfication & Accreditation System for FInancial Services Sector EDucation and Training Kick off Meeting Athens, 2 nd – 3 rd November 2006 AIMS AND EXPECTED RESULTS

2 Athens, 2/11/2006 CERTIFIED Kick off Meeting The project aims at:  New Certification of competencies system and Accreditation of Training providers in the European Financial Services Sector  European Certificate for Expert Employees and Middle Managers in F.S.S. (corresponding to EQF levels 4 - 5)  Upgrading and enlargment of the exsisting EFCB (European Foundation Certificate in Banking, EQF levels 2 - 3) created by EBTN  Certificates recognised across all Europe

3 Athens, 2/11/2006 CERTIFIED Kick off Meeting In line with european policies for a Common Education and Certification System  The European Qualification Framework (EQF) and European Quality Framework for VET  UE Directive 2005/36/EC Recognition of Professional Qualifications  Copenhagen Declaration  EU framework articulated in the Financial Services Action Plan (FSAP) and post-FSAP policies  Social Partners Joint Declaration on Lifelong Learning in the Banking Sector

4 “EFCB” European Foundation Certificate in Banking European Certificate for Employees Business - oriented qualification Knowledges-based Certification System Certification system for the “first level” education in F.S.S. EQF 2 – 3 levels European Certificate for Expert Employees and Middle Managers Competences - based Certification System Accreditation and Certification system for the “second level” education in F.S.S. EQF 4 – 5 levels Athens, 2/11/2006 CERTIFIED Kick off Meeting “CERTIFIED”

5 LEVEL 2 Recognise a limited range of knowledge, skills and wider competences that are mainly concrete and general in nature. Skills are applied under supervision in a controlled environment. Learners take limited responsibility for their own learning. LEVEL 3 Recognise broad general knowledge and field-specific practical and basic theoretical knowledge, they also recognise the capacity to carry out tasks under direction. SUMMARY OF EQF- LEVELS Athens, 2/11/2006 CERTIFIED Kick off Meeting

6 LEVEL 4 Recognise significant field-specific practical and theoretical knowledge and skills. They also recognise the capacity to apply specialist knowledge, skills and competences and to solve problems independently and supervise others. LEVEL 5 Recognise broad theoretical and practical knowledge, including knowledge relevant to a particular field of learning or occupation. They also recognise the capacity to apply knowledge and skill in developing strategic solutions to welldefined abstract and concrete problems. SUMMARY OF EQF- LEVELS Athens, 2/11/2006 CERTIFIED Kick off Meeting

7 Target group involved Expert Employees & Middle Managers Banking and Financial Institutes Training Providers F.S.S. Athens, 2/11/2006 CERTIFIED Kick off Meeting

8 Quality Assurance in V E T Accreditation & Certification System Middle Management Training Certified system Athens, 2/11/2006 CERTIFIED Kick off Meeting

9 Quality assurance F.S.S. Sector approach Qualification demand Training provision INSTRUMENTS Better matching: Athens, 2/11/2006 CERTIFIED Kick off Meeting

10 COMPETENCIES SYSTEM  Clusters of skills, attitudes and knowledge  Combination of observable and measurable skills  Essential abilities to perform functions  Used to evaluate a users's performance  Skills and resources which an organization has (Human Capital) Athens, 2/11/2006 CERTIFIED Kick off Meeting

11 Key feautures CERTIFIED QA mechanism High professional standards Self Sustainability TrasparencyInnovation Athens, 2/11/2006 CERTIFIED Kick off Meeting

12 Main Steps 1. Studies on Certification and Accreditation systems in EU 2. Data gathering system 3. Methodology for the Accreditation and Competences Certification 4. Selection of the subject area / professional area 5. Competence Framework (for Middle Managers) 6. Qualifications Framework (for Middle Managers) 7. Development of the overall architecture of the CERTIFIED system Athens, 2/11/2006 CERTIFIED Kick off Meeting CERTIFIED COURSE

13 Athens, 2/11/2006 CERTIFIED Kick off Meeting WP 2: METHODOLOGY DEVELOPMENT WP 3: CONTEXT REVIEW AND ANALYSIS WP 4: INTEGRATION AND DESIGN WP 6: PILOTING, VALIDATION AND CONSOLIDATION WP 5: INFRASTRUCTURE, PROCEDURES AND TOOLS WP 7: SUSTAINABILITY BUILDING WP 8: VALORISATION AND DISSEMINATION WP 1: PM AND QUALITY ASSURANCE Work Packages

14 CERTIFIED ACTIVITIES Phase 1 Project Management and Quality Assurance (EBTN : Lead ; All Partners) - Project management and Quality Plan (M3) - Interim Evaluation Report (M3) - Evaluation Plan (M12) - Final Evaluation Report (M24) Phase 2 Methodology Development (SCIENTER: Lead ; All Partners) - Methodological and Research Framework (M3) - Quality criteria (for for the design and implementation of the accreditation and certification system) - Map of the key players/stakeholders (M3) Phase 3 Context Review and Analysis (IFB : Lead ; All Partners ; Ekepis and Fabi for Validation Workshop ) - Analisys of Financial Services Services regulations and professional qualifications (M6) - Analysis of the existing accreditation and certification solutions/models in use in EU (M6) - Toolset for the study (M4) - Validation Workshop (M4) and Local Seminars (M6) Phase 4 Integration and design of the system (WIB: Lead ; All Partners) - Competence framework (M7) and qualification framework (M8) for the selected subject area/professional area - Integration Workshop (M8) - Report of the integration workshop (M9) -Regulatory components and overall structure (M11)

15 CERTIFIED ACTIVITIES Phase 5 Infrastructure, Procedures and Tools (CIOBS: Lead; Bank Institute; Scienter; University of Erlangen - Nürnberg ) - Certification and quality assurance mechanism (M14) - Guidelines for the accreditation of training providers (M14) - Guidelines for the certification of competences (M14) - Guidelines for Pilot phase validation (M15) Phase 6 Piloting, Validation and Consolidation (HBA: Lead; All Partners) - 3 pilot experiences (Month 16 to 18) Greece, Poland, Portugal (coordinated respectively by HBA, WIB and IFB) (M18) - Evaluation of Piloting Activities (M18) - Consolidation Workshop (19) and Report (M20) - Finalized CERTIFIED Accr.and Cert. System (M21) Phase 7 Sustainability Building (EBTN: Lead; All Partners) - Sustainability Plan (M12) -Business Development Model (M24) - Declarations of endorsement from other Ebtn members/sector actors/stakeholers (M24) Phase 8 Valorisation and Dissemination (EBTN: Lead; All Partners) - Valorisation and Dissemination Plan (M3) - Project web site (M4) - Publications (M6 –M24) - Key project results (M23) - Final Dissemination Conference (M24)

16 NEXT MONTHS PARTNER INVOLVEDOUTCOMES EBTN Project Management and Quality Plan (M3) Evaluation Plan (M3) Valorisation and Dissemination Plan (M3) Project web site and discussion forum (M3) SCIENTER Methodological and Research Framework (M3) Map of the key players / stakeholders (M3) IFB Toolset for the study (M4) Validation Workshop, Edinburgh (M4) Athens, 2/11/2006 CERTIFIED Kick off Meeting

17 1) Kick off meeting (Athens, November 2006) 2) Coordination meeting (Lisbon, June 2007) 3) Coordination meeting (Warsaw, November 2007) 4) Coordination meeting (Luxembourg, May 2008) 5) Dissemination Conference (Milan, October 2008) SEMINARS AND WORKSHOPS PARTNERS MEETINGS 1) Validation Workshop (Month 4), Edinburgh 2) Local Seminars (Month 6), in each partner Country 3) Integration Workshop (Month 8), Lisbon 4) Consolidation Workshop (Month 19), Luxembourg

18 CERTIFIED PARTNERS - FRIEDRICH-ALEXANDER UNIVERSITAET ERLANGEN-NUERNBERG (Germany) - EKEPIS (Greece) - HELLENIC BANK ASOCIATION – HBA (Greece) - EBTN (Luxembourg) - FABI (Italy) - SCIENTER (Italy) - WARSAW INSTITUTE OF BANKERS – WIB (Poland) - FINANCIAL INSTITUTE OF BANKERS - IFB (Portugal) - THE CHARTERED INSTITUTE OF BANKERS IN SCOTLAND - CIOBS (Uk)

19 - THE DANISH BANKERS ASSOCIATION (Denmark) - INTERNATIONAL TRAINING CENTRE FOR BANKERS (Hungary) - ABIF ORMAZIONE (Italy) - THE NETHERLANDS INSTITUTE FOR BANKING,INSURANCE AND INVESTMENT (Netherlands) - ROMANIAN BANKING INSTITUTE (Romania) - NATIONAL BANK OF SLOVAKIA-INSTITUTE OF BANKING EDUCATION (Slovakia) - NATIONAL BANK ASSOCIATION OF SLOVENIA (Slovenia) - PRIVATE FOUNDATION INSTITUTE OF FINANCIAL STUDIES (Spain) CERTIFIED EBTN MEMBERS – NATIONAL REFERENCE CENTRE LETTER OF INTEREST - EUROPEAN BANKING FEDERATION BANKING COMMITTEE OF THE EUROPEAN SOCIAL AFFAIRS (Belgium) - THE LUXEMBOURG INSTITUTE FOR TRAINING IN BANKING (Luxembourg) - ATTF – AGENCE DE TRANSFER THE TECHNOLOGIE FINANCIÈRE (Luxembourg)

20 Thanks for your kind attention