Anbima has just signed an agreement with EFPA Spain (Spanish Association of Financial Advisors), marking an important step in our internationalization journey. Starting in 2026, Anbima’s professional certifications will be officially recognized in Spain, and vice versa. EFPA certifications also allow professionals to work across the entire European Union.

The first equivalence under the agreement will be between Anbima’s CPA (Anbima Professional Certification) and EFPA’s EIP (European Investment Practitioner). The mutual recognition will take effect in early 2026, when Anbima’s new structure of certifications for professionals in the distribution of financial products comes into force.

What is the CPA?

The CPA, or Certificação Profissional Anbima, is one of the main credentials in Brazil’s financial industry. It certifies professionals who work in the distribution and advisory of financial products, ensuring they meet strict standards of technical knowledge, ethics, and client service. The certification is a requirement for professionals at banks, brokerages, and other financial institutions who provide investment guidance to retail clients.

Learn more about the new certifications

More than 410,000 Brazilian professionals already certified by Anbima will be able to benefit from this international recognition. To obtain the EIP, Brazilian professionals will only need to complete an additional course on the specific features of the Spanish market. Conversely, professionals certified in Spain will be allowed to work in Brazil, provided they complete a complementary course on how the Brazilian distribution market operates, which will be offered by Anbima.

“This is Anbima’s first bilateral international agreement for professional certifications. It reinforces the credibility of our certifications and opens doors for Brazilian professionals to work abroad with official recognition. It represents a real differentiator for those working in the distribution of financial products,” said Anbima CEO Zeca Doherty.

The recognition of the Brazilian certification complies with the MiFID II (Markets in Financial Instruments Directive), the regulation that governs the European financial market, promoting transparency, efficiency, and resilience. The partnership, which is initially valid for three years, reinforces Anbima’s commitment to qualification, ethics, and the international mobility of financial market professionals.