ξυνὸν γὰρ ἀρχὴ καὶ πέρας ἐπὶ κύκλου περιφερείας (Ηράκλειτος)
(In the periphery of the circle, the beginning and the end coincide.)
The CEFA designation was introduced in 1992 as a means of providing a high and uniform standard of training for investment professionals within Europe. The designation comprised seven topic areas based upon the EFFAS syllabus and accreditations of national member society programmes were controlled by the CTQAB (Commission on Training and Qualifications Accreditation Board).