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

 

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Risk & Compliance (GRC)
Professional Diploma

Compliance (LCI)

Apply now for Summer Trimester 2022/2023
Apply now
Express an interest
  • Duration
  • 1-2 Trimesters
  • Programme
  • 2 Modules
  • Study
  • Online
  • Fees
  • €680 per module
  • Level
  • NFQ 7, 10 ECTS

    • At a glance

    This programme is for those who work or aspire to work in a professional capacity within a compliance function in financial services. The Professional Diploma in Compliance is a level 7 qualification considered to be the benchmark qualification for compliance professionals.

    Awarding Body

    University College Dublin

    Who is this programme for?

    It is designed to enhance skills, judgement and ability to deal with practical issues in the management and practice of compliance in the financial services industry.

    Compliance Institute IOB trans

    Download the Professional Cert and Diploma in Compliance brochure

    The Professional Diploma in Compliance is awarded to students after successfully passing PDC 3 and PDC 4. For information on the Professional Certificate in Compliance, please see here.

    See programme modules for more information.

    The Compliance Institute, has now opened the fifth Niall Gallagher Professional Diploma in Compliance Scholarship competition. See more here.

    We are delighted to introduce the revised and updated Professional Certificate and Diploma in Compliance. These programmes have been developed with substantial input from industry  and in conjunction with Compliance  Institute, the industry body for compliance professionals.

    Professional Certificate

    Those who successfully complete PDC 1 - Compliance and the Regulatory Structure and PDC 2 - Conduct of Business Rules are awarded the Professional Certificate in Compliance. The professional certificate, a level 7 qualification in its own right, introduces you to the theory of regulation and to its application to the financial services industry. The professional certificate is popular with students who require an introduction to the area of compliance as well as those who already work in the area and are looking to achieve the recognised industry and accredited qualification.

    Professional Diploma

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

    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.

    Professional designation

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

    Recipients of the Compliance Institute's LCI designation are also recognised internationally as ICCP (Internationaly Certified Compliance Professional).

    Minimum Competency Code

    The Professional Diploma in Compliance and LCI designation satisfies the Central Bank of Ireland's Minimum Competency Code for those who 'adjudicate on any complaint communicated to a regulated firm by a consumer which relates to advice about a retail financial product provided to that consumer or the arranging of a retail financial product for that consumer'.

    Further reading

    Top questions about the PDC

    EBTN Triple E award

    IOB was the first education body in Europe to achieve the new triple “E” designation in financial services education, the quality standard for qualifications in European banking and financial services sector, awarded by EBTN, the European Banking and Financial Services Training Association.  IOB was awarded the Triple E accreditation for the Professional Diploma in Compliance. The attaching designation of the Professional Diploma in Compliance is called Licentiate of the Compliance Institute (LCI).

    How you will benefit

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

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

    • Explain the theory and describe the practice of regulation from both an Irish and International perspective

    • Describe the impact of relevant regulation and the role of the various regulatory bodies on the operation of the compliance function

    • Describe the legal environment that applies to the Financial Services industry

    • Assess the systems of controls, assurance and governance in an organisation

    • Critically evaluate the importance of ethics and their role in the compliance function

    • Understand the impact of regulatory rules relating to how consumers of financial services are protected

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

    • Analyse the relationship between compliance and the control systems in an organisation.

    • Describe where the compliance function fits within a financial services organisation.

    • Explain the impact of conduct of business rules on financial services providers.

    • Devise a regulatory relations policy in relation to inspections, themed visits and routine relations

    • Identify and pursue appropriate learning opportunities (academic and non-academic) which enhance their professional career ambitions and individual capabilities.

    Fees

    • PDC 3 Legal & Regulatory Aspects of Compliance - €680

    • PDC 4 Compliance Management - €680

    Award

    Professional Diploma in Compliance from UCD

    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 (2022-2023 academic year)

    Closing date

    • 14 July 2023

    Start date

    • 06 June 2023

    Contact

    Modules and learning outcomes

    PDC 3 Legal & Regulatory Aspects of Compliance

    (NFQ level 7, 5 ECTS)

    Assess the authorisation, supervision and prudential requirements for various financial entities Describe the legal environment which applies to financial services and outline the key principles of Company, Contract, Competition and Securities Law. Explain the nature of fiduciary relationships, and evaluate their significance in a regulatory environment

    PDC 4 Compliance Management

    (NFQ level 7, 5 ECTS)

    Appraise the concepts behind compliance practice, planning and monitoring and evaluate the broadening role of compliance and the compliance officer.

    Analyse the importance of compliance reporting and devise a regulatory relations policy in relation to inspections, themed visits and routine relations.

    Critically evaluate the importance of Ethics and Reputation in the compliance function.

    Assess the system of controls, assurance and governance in an organisation and analyse the relationship between these and compliance.

    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 (2022-2023 academic year)

    Closing date

    • 14 July 2023

    Start date

    • 06 June 2023

    Requirements

    The Professional Certificate in Compliance is a general entry point to IOB’s qualification structure and is open to both school leavers and graduates. In addition, candidates must be affiliate members of The Compliance Institute. Affiliate membership can be applied for at the same time as registering for the programme. Entry to the Professional Diploma in Compliance is limited to those who have successfully completed or registered for the Professional Certificate in Compliance. To enrol on PDC4 - Compliance Management, candidates must have enrolled for or passed the first three modules: PDC1, PDC2 and PDC3.

    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

    Rosemary Brown
    Member Testimonial

    The qualification is now almost a ‘must have’ for employability in the compliance industry. Anyone seriously considering a future in compliance should do it or be on the road to completing it.

    Rosemary Brown, BCWM

    Patrick Erhard
    Member Testimonial

    I have found that everything I have learned I apply in my everyday working life and that comes down to how the course is designed.

    Patrick Erhard, PwC Ireland

    Sinéad Johnson
    Member Testimonial

    The programme gives a great overall introduction to the various functions impacted by Compliance and the expectations of the regulators, both domestic and European.

    Sinéad Johnson, Interactive Brokers

    Patrick Dempsey
    Member Testimonial

    The crucial role that compliance now plays has always been made clear to me by interviewers. Given the level of training I received, I feel equipped to stand over my competence in the area, now and into the future, as its importance further increases.

    Patrick Dempsey, Irish Life Assurance

    Celebrating 125 years of learning

    1898 | 2023

    IOB was founded in 1898 by a small group of financial services professionals. Today we are Ireland's largest professional membership community.

    Join IOB today

    Registered Number: 197171

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

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

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    1 North Wall Quay

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    D01 T8Y1

    Ireland

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    Email: [email protected]

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