Promoting and Developing the
Discipline of Operational Risk Management
The initial registration fee and annual subscription fees are established by the Council of Directors and approved by Voting Members in General Meeting prior to the start of the Financial Year.
Initial Registration and Due Diligence Fee is currently equal in amount to the Annual Subscription Fee.
| Grade | Annual Fee | Non-Chapter Annual Fee* |
| Fellow | £150.00 | £75.00 |
| Professional Member | £150.00 | £75.00 |
| Member | £150.00 | £75.00 |
| Associate | £50.00 | £25.00 |
The Institute's membership year runs from 1st April to 31st March. In the first year of membership the member is required to pay an initial registration and due diligence fee, equivalent in amount to the full annual subscription fee. Currently, however, no further subscription fee is payable during the first year of membership. All fees are non-refundable.
*In recognition of the fact that the IOR members who reside in countries outside of the United Kingdom and Ireland and where there is no active IOR Chapter as at 1 April 2011 do not have the same access to regular seminars which are - where possible - provided free to members, the Council has agreed that subscription rates in these countries shall be 50% of the full subscription rate until 31 March 2012.
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