CIMA will continue to offer guidance and support to help members through the CPD monitoring process. Members who submit their CPD record to CIMA as per the requirements will not be in breach of the regulations.
Members will be in breach of the regulations where they fail to submit an adequate CPD record to CIMA.
A first breach of the regulations will occur where the member has been formally notified to submit their CPD for monitoring by a specified date but has failed to submit despite follow up requests from CIMA. In this case, the member will be required to pay a fixed penalty of £100 (or local equivalent).
Following a first CPD breach the member will be given 56 days of the date of sending to submit their CPD and pay the financial penalty. Paying the financial penalty does not remove the requirement to submit a CPD record to CIMA.
A second breach of the regulations will occur where a member has failed to provide their CPD record for a second time but has paid the £100 or local equivalent financial penalty within the 56 days. CIMA will automatically select the member to submit their CPD record for the next monitoring period. The member will again be given 14 working days to submit their CPD record and will have to pay a financial penalty of £250 (or local equivalent) within 56 days.
A third breach is where a member has on a third occasion failed to submit their CPD record by the specified date, they will be referred to the Institute's Investigation Committee for consideration of further disciplinary action.
Members who do not pay a financial penalty within 56 days of notification (whether it is a first or second breach) will be referred to CIMA's Investigation Committee.