The Association of International Bank Audit and Compliance Professionals Inc. (AIBACP) was founded in 1992 as a not-for-profit trade association to bring together internal auditors from non-U.S. based international banks. In 2013 the AIBA’s legal name was changed to the Association of International Bank Audit and Compliance Professionals Inc. in order to recognize compliance professionals in its expanding membership base.
Members are employed primarily by many U.S. offices (e.g., Branches, Agencies and Representative Offices) and subsidiaries of internationally based financial services organizations. The AIBACP’s mission is to enhance members’ knowledge and skills relating to audit, compliance and internal control with respect to U.S. activities of foreign banks.
In 2011 the AIBACP collaborated with Pace University’s Lubin School of Business to offer the Certified Compliance and Regulatory Professional (CCRP®) program.
The AIBACP provides a forum for the exchange of ideas and experiences that enhance members’ effectiveness, and an informal network for members to learn from others engaged in similar activities, third-party industry providers, subject matter experts, consultants, and regulatory officials.
