AIMR Expands Its Global Outreach With the Opening of a London Office and New Chapters in South Africa and Lebanon.Business Editors CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--Jan. 22, 2002 The Association for Investment Management and Research (AIMR AIMR See Association for Investment Management and Research (AIMR). ), a non-profit organization A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes. dedicated to advancing the interests of the global investment community, has opened its second international office, in London, and has added two new chapters in South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. and Lebanon. Heading the new office is John Barrass, who joins AIMR as its new vice president for global affairs (Europe) from the United Kingdom's Financial Services Authority The Financial Services Authority ("FSA") is an independent non-departmental public body and quasi-judicial body that regulates the financial services industry in the United Kingdom. Its main office is based in Canary Wharf, London, with another office in Edinburgh. , where he was a senior staff member. At AIMR, Barrass is responsible for liaising with professional and regulatory bodies in Europe and working with AIMR's 10 European chapters to support the needs of European Chartered Financial Analyst Chartered Financial Analyst (CFA) An experienced financial analyst who has passed examinations in economics, financial accounting, portfolio management, security analysis, and standards of conduct given by the Institute of Chartered Financial Analysts. (R) (CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S. (R)) candidates and AIMR members. Virginia-based AIMR opened its first international office in Hong Kong in 1997 to accommodate AIMR's rapidly growing member and candidate base in the Asia Pacific. AIMR continues to experience similarly high demand in Europe and other parts of the world. The number of professionals and students registered each year for the series of three CFA exams has increased by 227 percent worldwide since 1995. For the 2001 exams, almost half of the 86,421 registered candidates came from outside North America. AIMR offers the exams each June at more than 240 testing centers around the world. Global demand for the CFA charter has driven unprecedented expansion for AIMR, which added six new chapters in six countries in 2001, the same year it surpassed 50,000 members for the first time. Both the Financial Analysts of South Africa and the Lebanon Chapter of Investment Professionals cited the need to support a growing number of local CFA candidates as a primary reason for forming the new organizations and affiliating with AIMR. The chapters also noted that affiliation with AIMR will help in the development of South Africa's and Lebanon's ethical conduct standards and overall investment professionalism. AIMR membership includes 54,000 investment practitioners from 107 countries and 106 professional societies in 29 countries. More information on AIMR, its CFA program, code of ethics Code of Ethics can refer to:
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