December 18, 2015 - The International Compliance Association (ICA) has been working with The Financial Skills Partnership (FSP) and Skills for Justice to review the National Occupational Standards (NOS) in compliance, anti money laundering and countering financial crime.

The standards were originally developed in 2006 and were revised 2009-2012. They have now been significantly improved and updated in consultation with representatives from the financial services sector and will become available at the beginning of 2016.

The NOS provide a strong basis for developing industry best practice, training and development for those working within these sectors:

• NOS set standards for professional achievement
• NOS relate to an individual's role, rather than any specific context in which they work
• NOS competency units are designed to help improve individual capacity and capability, enhancing both firm's performance and the professionalism of practitioners as a whole

The ICA, the FSP and Skills for Justice are seeking to gather the views of industry professionals as part of the consultation process before the revised standards are released.