Express an interest

If you are interested & require further information, we will email you a copy of the programme brochure.

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Data Protection Notice

About this data protection notice

This is a statement of the practices of The Institute of Bankers in Ireland, 1 North Wall Quay, North Dock, Dublin 1 (trading as IOB) (‘the Institute’, ‘we’, ‘us’, ‘our’) in connection with the capture of personal data on this webform and the steps taken by the Institute to respect your privacy.

The Institute is a Data Controller and is committed to protecting your rights and any personal information which you provide to the Institute will be treated with the highest standards of security and confidentiality, in accordance with Irish and European Data Protection legislation.

The privacy notice explains the following:
  • What information do we collect about you?
  • The purpose for collecting your personal data
  • The legal bases for collecting your personal data
  • Are you required to provide the information?
  • How we store and secure personal data?
  • Details of third parties with whom we share personal data
  • What are your rights?
What information do we collect about you?

The data we collect from you will be used by the Institute only in accordance with the purposes outlined in this privacy notice. We will collect your data via webform on www.iob.ie.

The data collected in this webform will be shared with the following areas of the Institute:

  • Programme Management Department
  • Marketing Department
  • Lifelong Learning Department
The purpose for collecting your data

The data we collect about you will be used for:

  • providing information on the programme(s) for which you have completed an expression of interest webform;
  • notifying you of promotional events related to this designation(s) or programme(s) e.g. Programme Taster Lectures, IOB Open Evening; and
  • advising you of upcoming application and registration closing dates for this designation(s) or programme(s)
The legal basis for collecting your data

For the purposes outlined in this privacy notice your personal data will be processed on the basis of Explicit Consent.

By submitting this webform, you confirm that you are providing your informed consent to the processing of your data as outlined here.

Are you required to provide the information?

We require you to complete the mandatory fields identified in this webform for the purposes outlined above. If you do not provide us with the information required in these fields, we may be unable to process this Expression of Interest form.

How we store and secure your data

Any data we collect from you will be stored confidentially and securely. The Institute is committed to ensuring all accesses to, uses of, and processing of Institute data is performed in a secure manner.

In keeping with the data protection principles, we will only store your data for as long as is necessary to provide our services to you and for such a period of time after this as is necessary to comply with our obligations under applicable law and, if relevant, to deal with any claim or dispute that may arise in connection with our relationship with you.

For the purposes described here we will store your data for one calendar year from the date you submit the webform. Before the end of this calendar year, we may contact you to ask if you wish to re-confirm your consent to the storing and processing of your data for the purposes outlined above.

When we store your personal data on our systems the data will be stored on the Institute’s secure I.T. platforms within the EEA which are also subject to European data protection requirements.

Details of third parties with whom we share personal data

The Institute will share your data with third parties where necessary for purposes of the processing outlined here.

We will share your information with our service providers (e.g. printers, I.T. support, auditors, legal advisors, and other professional advisors).

We may also disclose your information where required by law to do so.

Your information will not be shared with any other third parties.

When we share your data with the third parties outlined here the Institute will ensure that the data is only processed according to our specific instructions and that the same standards of confidentiality and security are maintained. Once the processing of the data is complete any third parties with whom data was shared will be required to return the data to the Institute save where they are required to retain it by law.

What are your rights?

You have the following rights, in certain circumstances and subject to applicable exemptions:

  • You are entitled to ask for a copy of the personal data, which IOB holds about you.
  • The right to have any inaccuracies in your personal data amended.
  • The right to object to the processing of your personal data.
  • The right to have the personal data that we hold about you erased.
  • The right to restrict the processing of your personal data.
  • The right to receive your personal data, which you provided to us, in a structured, commonly used and machine-readable format or to require us to transmit that data to another controller.
  • You have the right to withdraw your consent at any time.
Contact

If you have any queries relating to the processing of your personal data for the purposes outlined above or you wish to make a request in relation to your rights, you can contact the Institute’s Data Protection Officer using the contact details below.

If you are unhappy with the way in which your personal data has been processed, you may in the first instance contact the Institute’s Data Protection Officer using the contact details below.

IOB has a Data Protection Officer who can be contacted through [email protected] or by writing to:

The Data Protection Officer, IOB, IFSC, 1 North Wall Quay, Dublin 1.

If you remain dissatisfied then you have the right to apply directly to the Data Protection Commission for a decision. The Data Protection Commission can be contacted at:

Data Protection Commission
Canal House
Station Road
Portarlington
R32 AP23 Co. Laois
www.dataprotection.ie

The Institute of Bankers in Ireland (a company limited by guarantee) trading as IOB

Registered Number: 197171
Registered Charitable Organisation
Charity Registration Number: 20026950
CHY Number: 10530

P: +353 (0)1 6116500
F: +353 (0)1 6116565
E: [email protected]

Privacy Statement
Terms and conditions

Before you continue...

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Professional Certificate

Compliance (Cert)

Apply now to commence studies in June 2024
Apply now
Express an interest
  • Duration
  • 1-2 trimesters
  • Programme
  • 2 modules
  • Study
  • Online
  • Fees
  • €680 p/module
  • Level
  • NFQ 7, 10 ECTS
  • At a glance

    Compliance professionals ensure that a firm complies with its regulatory and legal requirements and its internal policies and they work with management to manage regulatory risk. The role of the compliance function is to ensure that a firm operates within the spirit and the letter of the law, looking after clients ethically and efficiently, upholding the reputation of the firm.

    Awarding Body

    University College Dublin

    The programme is designed to introduce students to the technical requirements of compliance and the role of the compliance professional in the financial services sector. The programme is for those working or who want to work in the compliance function in financial services.

    Compliance Institute IOB trans

    The programmes have been developed with substantial input from industry and in conjunction with Compliance Institute, the industry body for compliance professionals.


    Download brochure

    The Central Bank of Ireland defines financial regulation as the rules and laws firms operating in the financial industry, such as banks, credit unions, insurance companies, financial brokers and asset managers must follow. They say financial regulation is more than just having rules in place - it's also about the ongoing oversight and enforcement of these rules.

    Compliance professionals ensure that a firm complies with its regulatory and legal requirements and its internal policies and they work with management to manage regulatory risk. The role of the compliance function is to ensure that a firm operates within the spirit and the letter of the law, looking after clients ethically and efficiently, upholding the reputation of the firm.

    The programme is designed to introduce students to the technical requirements of compliance and the role of the compliance professional in the financial services sector. The programme is for those working or who want to work in the compliance function in financial services.

    The Professional Certificate in Compliance introduces you to the regulatory environment in financial services, domestic and international, to IAF, the individual accountability framework, fitness and probity requirements, the minimum competency framework, and outlines the role of the compliance officer. It introduces legislation such as data protection and financial crime/ anti-money laundering. It aims to provide you with the knowledge to deal with practical issues in the management and practice of compliance in the financial services industry.

    Graduates of the Professional Certificate in Compliance achieve the recognised industry and accredited qualification and can progress to the Professional Diploma in Compliance and take up the industry designation, Licenciate in Compliance, LCI provided by the industry body for compliance professionals, Compliance Institute.


    Professional Certificate in Compliance

    Students who successfully complete two modules PDC 1 - Compliance and the Regulatory Structure and PDC 2 - Conduct of Business Rules are awarded the Professional Certificate in Compliance, a level 7 qualification. It introduces you to the regulatory environment in the financial services sector. The Professional Certificate is a recognised industry and accredited qualification, popular with students who already work in the area looking to achieve recognition and those looking for an introduction to the area of compliance.

    Professional Diploma in Compliance

    If you successfully complete two further modules, PDC 3 - Legal and Regulatory Aspects of Compliance and PDC 4 - Compliance Management, you are awarded the Professional Diploma in Compliance, a level 7 qualification. The Professional Diploma is the benchmark qualification for compliance professionals in all sectors of the financial services industry.

    How you will benefit

    On successful completion of the Professional Certificate in Compliance you will be able to;

    • Describe the legal and regulatory environment that applies to the financial services industry in Ireland.

    • Describe the role of compliance within a financial services organisation.

    • Outline the regulations about data protection, marketing and financial crime.

    • Discuss the regulatory rules that apply to the provision of investment services by retail intermediaries and investment firms.

    • Explain the impact of regulatory and conduct of business rules from the point of view of the firm, of the customer and of the wider sector.

    • Analyse the importance of ethics and their role in the compliance function.

    On successful completion of the Professional Diploma in Compliance you will be able to;

    • Describe the role of the compliance function within a financial services organisation.

    • Explain the domestic and international legal and regulatory environment that applies to the Irish financial services sector.

    • Assess the authorisation, supervision and prudential requirements for different financial entities.

    • Explain the impact of regulatory and conduct of business rules from the point of view of the firm, of the customer and of the wider sector.

    • Discuss the importance of compliance practice, planning and monitoring as part of the assurance and governance in an organisation.

    • Evaluate the importance of ethics and ethical behaviour in the operation of financial services.

    Continuous Professional Development

    If you hold an IOB designation or a designation managed by IOB, CPD hours may be awarded on successful completion of this programme.

    Duration & delivery

    Delivery is online

    Fees

    €680 per module

    Award

    When you successfully complete this programme you will be awarded a Professional Certificate in Compliance from UCD and will be invited to the relevant designation.

    This is a level 7 qualification on the National Framework of Qualifications.

    Assessment

    Two hour exam for each module at the end of the trimester. The exams consist of written case-study and essay style questions.

    Next intake

    Summer Trimester

    Closing date

    12 July 2024

    Contact

    Professional Body Membership

    You must be a current member of the Compliance Institute, or become a member, to undertake this programme.

    To become a member, or renew your membership of the Compliance Institute click here

    Modules and learning outcomes

    PDC 1 - Compliance and the Regulatory Structure

    (NFQ Level 7, 5 ECTS)

    Compliance is an established function in financial services organisations and is recognised by regulators as an essential part of the control infrastructure. This module looks at the role of the Compliance function in financial services. It presents the role of the Central Bank of Ireland and describes how financial services are regulated both in Ireland and internationally. It also focuses on ethics and fiduciary relationships and outlines the legal environment that applies to financial services.

    PDC 2 - Conduct of Business Rules

    (NFQ Level 7, 5 ECTS)

    This module considers the significant increase in the complexity and volume of the regulation underpinning compliance procedures. It also explores consumer protection legislation such as the Consumer Credit Act, the Consumer Protection Code, along with the Markets in Financial Markets Directive (MiFID). The module considers Data Protection regulations and the impact of these on financial services organisations. It also considers Financial Crime including Anti-Money Laundering and Counter Terrorist Financing and the Compliance professional’s role in these areas. The module aims to assist students in developing a best-practice approach to counteracting, hindering and ultimately safeguarding individuals and corporations from fraud in the financial system

    Professional Designation

    Individuals who pass the Professional Diploma in Compliance are entitled to apply for the designation ‘Licentiate of Compliance Institute' and use the designatory letters LCI. Continued use of this designation is subject to meeting The Compliance Institute's Continuing Professional Development requirements. LCI is the leading professional designation for compliance professionals in all sectors of the financial services industry in the Republic of Ireland.

    Key Dates

    This programme enrols three times a year.


    Next intake

    Summer Trimester

    Closing date

    12 July 2024


    Level 7 MCC Key Dates 2023/24

    Entry Requirements

    The minimum second level educational requirements for entry to the Professional Certificate in Compliance are as follows;

    Five passes in the Leaving Certificate, including English and Mathematics

    Five O Level/GCSE passes, including English Language and Mathematics

    IOB will also consider applications on a mature candidate basis from applicants who are 23 years of age before the date of their application for admission to the programme.


    Professional Body Membership

    You must be a current member of the Compliance Institute, or become a member, to undertake this programme.

    To become a member, or renew your membership of the Compliance Institute click here

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