UBS, Credit Suisse and the Banques Cantonales Latines have agreed on a joint, state-accredited certification standard for client advisors. The standard is based on the certification process introduced by UBS in 2012 in conjunction with the Person Certification service of the Swiss Association for Quality (SAQ) and incorporates the specific experiences each of the participating firms has gained in its internal training activities. The initiative means banks in the Swiss financial center will have comparable benchmarks for assessing the capabilities and expertise of their representatives in wealth management and in retail and corporate banking alike.