As per the Economic Times:
"Sameer Natu (37), head of finance for the rest of Europe at Dr Reddy's Laboratories, bears this out. A CA from India, he has been working in London since 2002, but doors opened up for him following an MoU between ICAI and ICAEW in November 2008.
'Though an Indian CA can get jobs or contracts in the UK, having an ICAEW qualification definitely gives them an edge. It gives them a qualification which is locally as well as internationally recognised,' says Mr Natu.
The MoU allowed Indian CAs to seek senior positions in companies in the UK and made it easier for them to be ICAEW members. To qualify, they had to take just three examinations out of the mandatory 15.
'Due to my six years of work experience in India, I had to appear in only one paper and complete ICAEW's structured training in ethics,' says Mr Natu. However, fresh CAs from India need to take three papers — business reporting, business change and a paper on case studies besides completing ICAEW's structured training in ethics programme."
Are we diluting the brand value of our qualification by making it easier for non members to become members in this manner?