NFA has a selective and restrictive approach for granting membership.
Members’ Benefits
- Enhanced service quality
- Better operational efficiency
- Lower risks
- Networking opportunities with other networks and their member firms
- Access to other regions and a multitude of countries worldwide
- Access to the pool of specialists from other networks’ firms
- Sharing of resources, i.e. technology, software, standards, etc.
- Collaborative, cost-efficient alternative to an International Alliance
- Focused training and development
- Competitive administrative cost structure
- Higher revenues
- International branding
Responsibilities of Members
Representatives from the network firms shall be serving as the management of NFA. Hence, the organization will be run by the members for the members. All the member networks will be sharing the administrative costs of the alliance, ensuring competitive advantages and efficiencies.
The member firms should be proactive and manage expectations, they should
- Participate at NFA
- Comply with bye-laws, laws, and regulations of NFA and professional bodies
- Comply with local and international technical standards
- Maintain professionalism, well-qualified staff, and transparency