The DSI Treasury Advisor register lists professionals who inform professional investment clients about treasury products. Treasury products cover financial risks, such as interest rate risk, currency risk, and commodity risk. These products are highly complicated in nature. The constant innovations and changes in the trade in financial markets can make them even more complex.
As a professional who offers these services, you must therefore meet certain strict requirements to ensure that you possess the necessary professional expertise and skills. A listing in the DSI Treasury Advisor register shows that the professional meets the requirements stipulated by DSI and ESMA.
For professionals advising clients about treasury products
Applying for certification
The DSI Treasury Advisor register is intended for professionals who advise professional investment clients about treasury products. A listing in the DSI Treasury Advisor register indicates that the professional possesses sufficient knowledge and skills pertaining to the instruments traded and the relevant usances.
A registered professional must comply with the ESMA guidelines in the areas of knowledge and competency. The AFM considers the successful completion of a DSI-accredited examination to be a suitable qualification, in accordance with the ESMA guidelines. These guidelines serve in part to protect the investor and encourage the sector to work fairly, honestly, transparently and efficiently.
Registered professionals may have one of two statuses: Certified Professional or Candidate Certified Professional. Both must comply with the Code of Conduct drawn up by DSI. The difference is in the level of education or work experience the professional has acquired. A professional can receive the status of candidate certified if they do not meet all of these requirements.
Certified Professionals listed in the DSI Treasury Advisor register have successfully completed examinations for knowledge and skills. During a 12-month period (fulltime equivalent) over the past five years, they have spent a substantial portion of their time on register-related activities, and have participated in the annual DSI Continuing Professional Education program.
The DSI Treasury Advisor register lists professionals employed in the banking and treasury sector, for example as a (junior) trader or client consultant at a bank. The professionals advise on the coverage of financial risks, such as interest rate risk, currency risk and commodity risk.
The knowledge that a professional registered in the DSI Treasury Advisor register must possess is listed in the DSI qualifications. These qualifications were drawn up by the DSI advisory committees and DSI Accreditation Committee, and are based on the legal requirements stipulated by ESMA a few years ago.
Professionals advising on the coverage of financial risks must meet the MiFID II requirements for professional expertise. The ESMA Guidelines for Treasury Advisor are based on these requirements. A professional listed in the DSI Treasury Advisor register has acquired sufficient knowledge in the following areas:
Which conditions does DSI place on admission to the register?
Admission to the register and maintenance of the certification status are subject to a variety of requirements. These requirements vary from admission standards to the obligation of participating in a Continuing Professional Education program. A list of the various requirements and information about the Continuing Professional Education Program are provided below.
The DSI Integrity Program must be successfully completed. This program consists of the following 2 elements:
If you have a CFA level 1 or VBA diploma, you are exempt from the Workshop element. You then only have to do the E-learning module.
If you wish to be certified in the Treasury Advisor, you must have passed two exams
During a 12-month period (fulltime equivalent) over the past five years, the Certified Professional has spent a substantial portion of his/her time on register-related activities, whether in the current position or in previous positions.
You can find the fees for DSI Certification here.
As a DSI (Candidate) Certified Professional listed in the Treasury Advisor register, you are required to successfully complete the Continuing Professional Education program each year. You can choose from a variety of education institutions that are accredited to provide the Continuing Professional Education program.
Successful completion of the DSI Continuing Professional Education programme indicates that you have met all of the legal requirements for certification. More information about the Continuing Professional Education programme can be found here.
Please note: You are free to choose your preferred provider. We recommend that you ask your employer if the organisation has made any collective agreements with the education providers.
If you have any questions about the Treasury Advisor register, and cannot find the answers in the FAQ page, please contact one of our DSI associates. We would be happy to help you! You can contact us by e-mail via firstname.lastname@example.org or by calling 020-6201274.