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Financial Services Sector 'Triple E' Qualifications
Start date: Oct 1, 2013,

Reason for the project:In FSS in EU we have a variety of regulatory national regimes and practices in terms of qualifications of FSS employees and this is what Triple E Project wants to change. Key employees qualifications should be designed based on best market practices, should be agreed by all key stakeholders, should be transparently described and communicated to the customers, should be reliably verified and should be constantly updated.The Triple E project aims to strongly contribute to the development of sectoral qualifications (national and European) systems by incorporating ECVET, according to the EU specific Recommendation. Moreover the project will support the improvement of the quality of training systems through the development of innovative European Guidelines for the definition of professional qualifications in terms of learning outcomes, with the attribution of ECVET points, EQF level, and according to quality assurance criteria.Main outcomes:- Guidelines for defining sectoral Triple E Qualifications- quality standards for the ECVET implementation- concrete example of Triple E Qualification (revised EFCB Certificate)Impact:-Promote ECVET as LLL instrument, together with EQF and EQAVET, considering their inter-relations.-Guidelines related to ECVET application will increase the interest of social partners, companies and workers towards mobility and will support the creation of qualifications and certifications through experiences of mobility under both the working and study sides.-Establish a European sectoral standard model for designing future Qualifications in line with ECVET and the other LLL provisions-Create the preconditions for the setting up of a European accreditation structure to accredit FFS qualifications as ‘Triple E’ Qualifications-Facilitate transnational mobility of learners and employees and increase their employability -Ensure transparency of qualifications and the mutual trust and cooperation among stakeholders
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