Professional Certificate & Diploma in Compliance

 

Programme Overview

The Professional Certificate and Diploma in Compliance programme is a level 7 qualification on the National Framework of Qualifications, offered by the Compliance Institute's education provider IOB and awarded by UCD. The programme is designed for those who work or aspire to work in a professional capacity within a compliance function in financial services. Both the professional certificate and diploma are designed to enhance skills, judgement and ability to deal with practical issues in the management and practice of compliance in the financial services industry. 

The Professional Certificate in Compliance (PDC 1 - Compliance and the Regulatory Structure and PDC 2 - Conduct of Business Rules) introduces you to the theory of regulation and to its application to the financial services. 

The Professional Diploma in Compliance (PDC 1- PDC 2 and PDC 3 - Legal and Regulatory Aspects of Compliance and PDC 4 - Compliance Management) is the benchmark qualification for compliance professionals in all sectors of the financial services industry. 

These programmes are delivered online through webinars. All modules are available 3 times a year with exams in January, May and September. 

How you will benefit:

On successful completion of the Professional Certificate and Diploma in Compliance graduates will be able to: 

  1. Understand the role of compliance and where the compliance function fits within a financial services organisation;
  2. Explain the theory and describe the practice of regulation from both an Irish and International perspective;
  3. Describe the impact of relevant regulation and the role of the various regulatory bodies on the operation of the compliance function;
  4. Describe the legal environment that applies to the Financial Services industry;
  5. Assess the systems of controls, assurance and governance in an organisation;
  6. Critically evaluate the importance of ethics and their role in the compliance function;
  7. Understand the impact of regulatory rules relating to how consumers of financial services are protected;
  8. Assess the authorisation, supervision and prudential requirements for different financial entities; and
  9. Devise a regulatory relations policy in relation to inspections, themed visits and routine relations. 
Taking up an ACOI Designation:

Award

On successful completion of PDC 1- PDC 4, you will be awarded the Professional Diploma in Compliance from UCD.  You will be invited to apply for the LCOI designation ‘Licentiate of the Association of Compliance Officers in Ireland’ and use the designatory letters 'LCOI'. Continued use of this designation is subject to meeting the Compliance Institute’s CPD requirements. 

The LCOI 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’.  

Recipients of the Compliance Institute’s LCOI designation are also recognised internationally as ICCP (Internationally Certified Compliance Professional). For more on Compliance Institute Designations, click here.

Fees

  • €680 per module

How to Apply

  1. You will need to be a current member of the Compliance Institute to register these programmes.
  2. Register for the Certificate or Diploma programme through our education provider, IOB.

Any Questions?

If you have any questions about the Professional Certificate & Diploma in Compliance, or any education programme:

Contact: Ciara on [email protected]