Stichting DSI focuses on core task

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The Board of Stichting DSI has decided to phase out its screening activities in 2022. The choice was prompted by the foundation’s wish to focus again on its core tasks.

The core task of the Stichting DSI, together with the sector, is to ensure greater public confidence in the investment sector. DSI does this by:

  • Formulating standards for knowledge, skills and integrity;
  • Accrediting exams and training programs;
  • Certifying professionals who comply with the standards drawn up by DSI and registering these professionals in the DSI Public Register;
  • Addressing certified persons who violate the DSI code of conduct through DSI Disciplinary Law.

DSI Screening

In addition to employers from the investment sector, other employers from the financial sector also use DSI Screening, such as accountants. The personnel screening market is developing rapidly. To remain successful in personnel screening and to continue to meet customer needs, DSI needs substantial investment budgets and capacity to respond to developments. As a foundation, DSI does not have these budgets and capacity. The available budget and available capacity are necessary to fulfill the core task: ensuring greater public confidence in the investment sector.

What does this mean for DSI Screening customers

DSI is phasing out DSI Screening. The dismantling will not start immediately. Until at least the first quarter of 2022, the screening of personnel will be carried out by DSI. DSI strives to outsource the screening of personnel to a third party and periodically informs its customers about the progress.

What does this mean for DSI Certificering customers

DSI focuses on certifying professionals from the investment sector. DSI continues to screen existing and new staff for employers in the investment sector. For the time being, DSI will continue to do this itself. The screening of personnel will be carried out by DSI at least until the first quarter of 2022. DSI strives to outsource the screening of personnel to a third party. Of course, when selecting a third party, DSI takes the security & privacy requirements of our customers into account.

What this means for DSI employees

The employees of DSI were informed about the board decision in the morning of November 23, 2021. DSI periodically informs its employees about the progress and possible consequences of this decision.

Questions?

Do you have questions about this? For more information, please contact: pers@dsi.nl and/or telephone number: 020-765 28 88.

DSI Anual Report 2020

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DSI Foundation published its annual report for 2020 today. The annual report is available in digital format at www.dsi.nl/jaarverslag-2020.

DSI strives to realise an incident-free investment sector and financial market where consumers have confidence in financial professionals, based on their expertise and integrity. We contribute to that goal by offering employee screening, certification and ethics enforcement services. In 2020, DSI supported more than 12,750 professionals.

DSI believes that integrity and professional expertise are inseparably linked. A professional who is an expert in their field may still present a tangible risk to
consumers, employers and the entire financial sector if they do not act in a fair and honest manner. Only by paying constant attention to both can we make and keep the financial sector reliable.

In this annual report, we feature several DSI stakeholders’ opinions on the importance of integrity and professional expertise for a healthy future of the finance profession.

“I’m convinced that almost everyone has a good moral compass”, states DSI Board President Tanja Nagel in her interview. “It’s important and in the client’s interest for professionals to continue exercising their minds and creativity, and not just to tick off the boxes.” It is DSI’s duty to facilitate that.

Lukas Daalder, Managing Director of BlackRock and popular columnist in Het Financieele Dagblad, underscores the importance of integrity and posits that open discussion of dilemmas is the foundation of fair and honest behaviour. “An honest recommendation is based on as many perspectives as possible.”

Clemens Spoorenberg, Chairperson of the DSI Accreditation Committee, offers his vision of the importance and success of the Life-Long Learning programme that was created in 2020. “In the Life-Long Learning programme, Certified Professionals and candidates show that they are up-to-date regarding the knowledge in their field on an annual basis.”

Rob Wesselius, Business Manager Financial Markets at ING Wholesale Banking, has received positive internal feedback about the Life-Long Learning programme. “Our employees receive articles and questions. The model is practical and refreshing, in part because it deals with slightly different subjects than our employees would face within ING or their own specialist field.”

In his work as an Ethics Enforcement attorney at DSI, Mark van der Lecq draws connections between corporate culture, fair and honest behaviour and DSI Ethics Enforcement. “Ethics cases shouldn’t just deal with the foot soldiers, but also the generals. They’re so important for the culture, and they determine how the organisation breathes when it comes to integrity.”

The final interview with the DSI management team discusses DSI’s results in 2020, which was a dynamic year in many respects.

Read the complete annual report with all interviews and background information at www.dsi.nl/jaarverslag-2020