Zimbabwe’s Financial Institutions Embrace Compliance Programmes to Stay Ahead of Regulatory Framework

In an effort to promote international best practices in regulatory compliance and ethics, the Compliance Officers Society of Zimbabwe (CoSoZ) has launched a comprehensive compliance programme for financial institutions in the country.

A Response to Improving Regulatory Framework

The initiative comes as a response to the Insurance & Pensions Commissions’ (IPEC) efforts to improve the regulatory framework for their respective constituencies. The programme aims to enhance the sector’s overall professionalism and ethical standards, ensuring that financial institutions stay ahead of the regulatory curve.

Membership Benefits

Membership benefits include:

• Access to continuous professional development opportunities
• Participation in activities of the society
• Networking and career advancement within a community of compliance professionals representing various sectors

CoSoZ was launched in 2016 and is registered under a Notarial Deed of Trust, making it the umbrella body for Compliance Professionals in Zimbabwe.

Regulatory Support

The programme’s launch has been welcomed by regulators from the financial services sector, who see it as a major step towards promoting international best practices in regulatory compliance and ethics. CoSoZ’s standard setting body aims to develop standards that will guide the industry in its efforts to comply with regulations and maintain high ethical standards.

Get Involved

For more information on how your institution can benefit from this programme, do not hesitate to contact us. Our team is here to answer any questions you may have.