Heriot-Watt University

That the Parliament welcomes the creation of the United Kingdom’s first ever financial risk academy, the Scottish Financial Risk Academy, which will be established at Heriot-Watt University; notes that the project, part-funded by the Scottish Funding Council, has the backing of some of Scotland’s leading investors and will be set up in partnership with five key financial organisations, Aberdeen Asset Management, the Actuarial Profession in Scotland, Barrie & Hibbert, Lloyds Banking Group and Scottish Financial Enterprise, and believes that it will provide a new opportunity for sharing knowledge and building expertise through a range of activities that will connect with financial services companies across Scotland and beyond and provide a vital function in improving understanding of financial risk for the future.