{{Short description|Australasian association for financial services professionals}} {{Use dmy dates|date=December 2024}} {{EngvarB|date=July 2021}} The '''Financial Services Institute of Australasia''' (FINSIA) is a professional institute for practitioners in the financial industry in Australia and New Zealand.<ref name=AboutUs /> FINSIA was formed in 2005 by the merger of the Australasian Institute of Banking and Finance (AIBF), founded 1886 and the Securities Institute of Australia (SIA), founded 1966.<ref>{{cite news |title=New peak body for financial services |url=https://www.theaustralian.com.au/ |access-date=11 July 2021 |work=The Australian |publisher=News Corp |date=30 June 2005}}</ref>
In addition to its role as a professional membership body, FINSIA provides industry-recognized certifications and continuing professional development programs designed to enhance competency in financial services. The institute advocates for ethical leadership and governance within the industry, working closely with regulatory bodies such as the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) to promote best practices. FINSIA also facilitates industry research, policy discussions, and networking opportunities through conferences and mentorship initiatives, contributing to the professional growth of financial practitioners in Australasia.<ref>{{Cite web |title=The Financial Services Institute of Australasia: A Comprehensive Overview |url=https://businessloan.au/the-financial-services-institute-of-australasia-a-comprehensive-overview/ |access-date=2025-03-25 |website=Business Loan |language=en-AU}}</ref>
Chris Whitehead is the Institute's CEO.<ref name=AboutUs>{{Cite web|title=Our Team|url=https://www.finsia.com/about-us/our-team|access-date=2021-07-08|website=Finsia|language=en}}</ref> FINSIA has about 8,000 members.<ref name="about">{{Cite web|date=9 July 2021|title=About Us|url=https://www.finsia.com/about-us|website=Finsia}}</ref>
In 2007 the institute sold its education business to Kaplan, Inc. then part of the Washington Post.<ref>{{Cite web|date=22 May 2007|title=Finsia denies talks with Fairfax|url=https://www.smh.com.au/business/finsia-denies-talks-with-fairfax-20070522-e7w.html|access-date=2021-07-08|website=The Sydney Morning Herald|language=en-US}}</ref>
The institute introduced the Financial Service Professional certificate in 2010.<ref>{{Cite web|last=Cratchley|first=Drew|date=16 June 2010|title=Moves to raise trust in financial sector|url=https://www.smh.com.au/business/moves-to-raise-trust-in-financial-sector-20100617-yh3v.html|access-date=2021-07-08|website=The Sydney Morning Herald|language=en}}</ref>
FINSIA offers educational scholarships and support to its members.<ref>{{Cite news|last=Dodd|first=Tim|date=14 March 2016|title=Fresh FINSIA offer on table|work=The Australian Financial Review|url=https://www.afr.com/}}</ref>
==References== {{reflist}}
==External links== *[http://www.finsia.com FINSIA website]
Category:Organisations based in Australia Category:Organisations based in New Zealand Category:Business and finance professional associations
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