As the end of the second year of the CPD scheme approaches, the Profession wishes to remind all fellows and associates to ensure that their online CPD declarations and activity records are up to date for the year 1 July 2007 to 30 June 2008.

During the CPD year 2006 to 2007, members received around 16 reminders of their CPD obligations and it is hoped that this will not be necessary in year three. From 1 July 2008, any records that are not fully compliant may be selected for monitoring and referred through the disciplinary process.

Last October, FIMC instructed that, if a member had failed to make a CPD declaration for the current year, they should be deemed to be ‘Category 2’ and would be monitored for compliance as such. It is therefore advisable to have completed your online records in sufficient time.

Random sampling of CPD records will commence during July and, if selected, you will be asked to provide evidence of your CPD activities or explanations as to why you think you are in the category declared. If no satisfactory evidence or explanations are received, this may also result in a referral to the disciplinary process.