Covid-19 Update for Credit Rating Bodies.
Please read attached.
The current list of Credit Rating Bodies is as follows:
- Universities and other higher education institutions in Scotland
- Scotland’s colleges
- The Scottish Qualifications Authority (SQA)
- Chartered Banker Institute
- City & Guilds
- Scottish Police College
- The Institute of Chartered Accountants of Scotland (ICAS)
- Scottish Fire and Rescue Service
- Scottish Prison Service College
- OPITO
- ASET International Oil and Gas Training Academy
This list is updated as new CRBs are approved.
Ongoing Support:
The SCQF Partnership provides ongoing support to CRBs and has developed a number of resources and offers a range of workshops to complement the information contained in the SCQF Handbook.
To arrange a bespoke support session for staff please contact Fiona Garry on 0141 225 2922
Information Notes for Credit Rating Bodies
A range of information notes has been developed for CRBs. These notes are aimed at providing CRBs with additional guidance on specific topics of interest expanding on the information within the SCQF Handbook and also the Quality Assurance Model for SCQFP Approved CRBs.
Information Notes Series 1: Third Party Credit Rating for Credit Rating Bodies
This series consists of 4 notes as follows:
Information Notes Series 2: Externality for Credit Rating Bodies
This series consists of 2 notes as follows:
We plan to continue to develop more information notes on topics of interest so if you are a CRB do get in touch with us if you think there is a topic that would benefit from additional guidance.
Ongoing Quality Assurance - SCQFP Approved CRBs
As an SCQFP approved CRB the cycle of annual monitoring falls into two categories:
Annual Monitoring - 2020 fees Desk based £500 or with visit £750
Periodic Review - 2020 fee £3250 plus travel and subsistence
To request templates for either of the above please contact Helen Murdoch-Wilson
Ongoing Quality Assurance -Universities and Colleges
For universities and other higher education institutions which have credit rated provision, this is the responsibility of the Quality Assurance Agency (QAA) and will form part of their overall monitoring processes of quality assurance generally.
For colleges with credit rated provision, a pilot is currently running where the quality assurance of credit rating activities will be carried out by SCQFP. The pilot will conclude in October 2020 after which a model for future quality assurance monitoring for the college sector will be agreed.
Education Scotland continue to evaluate colleges in relation to the quality of provision and services through 'How Good Is Our College?'
Third-Party Credit Rating
Interested in gaining the authority to credit rate programmes belonging to other organisations who wish to have them placed on the SCQF?
The benefits of this can be seen in the following case study:
Please contact Helen Murdoch-Wilson on 0141 225 2924 to find out more.
What people are saying about our workshops for staff working within Credit Rating Bodies...
Sign up for our newsletter
Receive our latest news, workshop alerts and updates to our helpful resources via email.