Welcome to the May edition of the ACOI’s newsletter in which you will find updates on our ongoing work, including our latest CPD schedule and important information about our education programmes.
As always, be sure to follow us on LinkedIn and Twitter to stay up to date with our news and events as well as keeping an eye on our website, acoi.ie.
We are now also on Instagram. Be sure to follow us @compliance_ire, and tag us in all your compliance-related posts – we would love to hear from our members.
2021 has continued to be extremely busy for ACOI in the media with April being no exception.
In mid-April, we released some of the results of our ‘Covid-19 and the Workplace’ survey which found that most firms (84%), would like to be told which of their employees have received the Covid-19 vaccination. But an overwhelming 96% believe that GDPR will make this very difficult. Over half of compliance professionals surveyed believe that the GDPR legislation will either need to be amended or clear guidance will need to be issued.
The results of the survey attracted national print and online coverage including the Irish Independent and the Irish Examiner, plus journalist and broadcaster, Ian Guider discussed these results with Matt Cooper on the Last Word on Today FM. These results also garnered multiple regional media hits. Click on the link below to see all coverage.
This month the ACOI have a varied and diverse range of CPD events which will cover CPD for our members with LCOI, FCOI (Compliance), FCOI (Ethics) and CDPO designations, plus, 1 hour of Ethics relevant for all designations.
GDPR Three Years in
May 5 | 1pm
CPD Credits: 1 Hour LCOI, FCOI (Compliance) and CDPO
Explore how Data Protection requirements have evolved since the inception of GDPR 3 years ago and learn about data protection maturity levels plus, good practice in the management of personal data breaches.
Culture and Accountability
May 11 | 12pm
CPD Credits: 1 Hour LCOI and FCOI (Compliance)
An overview of the Employment and Regulatory considerations and challenges faced by firms dealing with the increased focus on culture and accountability from the Central Bank of Ireland.
World Day for Cultural Diversity
May 21 | 1:30pm
CPD Credits: TBC
Free to ACOI members - Find out more about World Day for Cultural Diversity, why it should be celebrated, and how do we become more inclusive in the workplace and as a society.
May 27 | 1:30pm
CPD Credits: 1 hour LCOI, FCOI (Compliance), FCOI (Ethics)*
*This webinar covers the 1 hour of ethics each designation holder is required to take.
Free to ACOI members - Understand attitudes and obstacles to Whistleblowing, the main hurdles for those who don't report plus, why speaking up is important.
The Compliance Files podcast series
The Compliance Files is a unique podcast series, giving you access to industry insights and key perspectives on how the evolving regulatory landscape is driving change, bringing challenge and opportunity for compliance professionals everywhere.
Our library of podcasts continues to grow, and we are delighted with the positive response to the series so far. We have more great podcast content lined up for throughout May, with topics including; good corporate governance for regulated firms, foreign corruption in Ireland and an in-dept interview with the ACOI president Kathy Jacobs on her career in compliance and as a hiring manager and what she looks for in a potential employee. ‘The Compliance Files’ is available on Apple, Google & Spotify.
Gráinne McEvoy, Director of Consumer Protection at the Central Bank of Ireland outlines the main themes and messages in this year’s Consumer Protection Outlook Report and the Central Bank’s key priorities and focus for 2021, which include strengthening their approach to protecting consumers and developing and enhancing their regulatory framework and their supervisory approaches.
In the latest episode of the Compliance Files (just released today), Ann Shiels, Associate and Knowledge Lawyer at A&L Goodbody discusses Sustainable Finance Disclosure Regulation (SFDR) which imposes mandatory ESG disclosure obligations for asset managers and other financial markets participants with substantive provisions of the regulation effective from 10 March 2021.
The ACOI Professional Certificate & Diploma in Compliance
Registration is now open for the ACOI Professional Certificate & Diploma in Compliance (PDC), delivered by the iob and accredited by UCD.
A level 7 qualification on the National Framework of Qualifications, this programme is the industry benchmark professional designation for practising compliance professionals. The semester commences on 7th June 2021 and the closing date for registration is 9th July. For more information on the programmes and to understand how the qualification can assist an individual progress in their career.
ICQ - New Appointments Section
The ACOI is delighted to announce the introduction of a new ‘Appointments’ section in the forthcoming Summer issue of our ICQ magazine.
The content in this section will feature ACOI members who have recently been appointed to new roles within their current organisation or have recently moved to a new organisation. Text content should be approx. 120 words and images should be supplied as high-resolution JPEGs.
There is no charge for this facility and text and image content should be e-mailed to email@example.com before 27 May.
ACOI will be launching an on-demand CPD programme in May.
Our on-demand content will provide you with the flexibility to learn and develop your skills where and when suits you best. Many of our current bank of webinars will be available with the facility of knowledge checks, and for your CPD to be directly applied to your CPD record.
The ACOI and iob are looking for authors and editors to update the PDC (Professional Certificate & Diploma in Compliance) modules plus, examiners for the programme.
If you are interested in being part of the team to update, edit and examine the PDC programme modules, please email Evelyn Cregan, Director of Compliance and Governance Education at Evelyn.Cregan@iob.ie for more information and for a role description.
Each year the iob audit a random sample of ACOI designate members CPD returns in order to verify that the hours completed conform to the ‘Annual CPD Requirements’. Should you be subject of an audit you are required to present supporting documentation confirming attendance/completion for each CPD event.
In order to confirm your attendance at ACOI events please email firstname.lastname@example.org noting the events you need to confirm attendance for, and we will issue you with a Confirmation of Attendance letter.
Please note that emails received throughout the course of the year with CPD codes and slide decks do not count as confirmation of attendance.
Our CPD administrator, the iob are making some changes to their accreditation of external events process and the ACOI wanted to let you know how this will affect you, our members.
The iob receives many accreditation requests from members in November and December each year. This can cause delays to our members receiving their accreditations.
To help provide a better overall experience the iob are introducing the following changes:
We would like to thank you for your continued support and ACOI membership.
If you have any ideas on how we can further support those working in the compliance industry, or if there is a topic you would like to see covered in our podcast series or through an upcoming webinar, please send us an email on email@example.com and we will do our best to make it happen.
Association of Compliance Officers in Ireland | 5 Fitzwilliam Square | Dublin 2 | Ireland | T: +353 1 779 0200 | E: firstname.lastname@example.org