Welcome to the June edition of the ACOI’s newsletter in which you will find updates on our ongoing work, including our latest CPD schedule and information on our education programmes plus our upcoming ICQ magazine.
As always, be sure to connect with us on LinkedIn, Twitter and Instagram to stay up to date with our news and events as well as keeping an eye on our website, acoi.ie.
To coincide with the third anniversary of General Data Protection Regulation (GDPR), we released the results of our GDPR survey this month. The results found that nearly half of businesses in Ireland are still struggling with GDPR in their day-to-day operations and that two thirds consider themselves fully or almost fully compliant.
The results received nationwide press coverage and were discussed on RTE's Morning Ireland, the most listened to show in the country.
This month, the ACOI have a varied and diverse range of CPD events, two of which are listed below. Keep an eye on acoi.ie, your inbox and social media channels for additional events that may be scheduled throughout the month.
June 10 | 1pm
CPD Credits: 1 Hour LCOI, FCOI (Compliance) and CFCPP
Learn more about what AML Monitoring is comprised of, the importance of ongoing AML Monitoring, the consequences of getting it wrong and understand where Transaction Monitoring fits in.
Senior Executive Accountability Regime - Lessons Learned from the UK
24 June | 1pm
CPD Credits: 1 Hour LCOI and FCOI (Compliance)
While we wait for legislation on SEAR, 3 expert speakers who have gone through the UK's Individual Accountability Regime (IAR) will provide attendees with what they have learned and practical tips on how to make its introduction as seamless as possible.
The Compliance Files podcast series
Our library of podcast content continues to grow, and we have recently spoken to some industry experts who shared their specialist insights. If you enjoy listening to our podcasts, please show your support by rating and reviewing on your podcast platform and also by liking and sharing them on your social media channels.
This episode features a panel discussion between three experts from Maples Group; Lorna Smith, Partner, Financial Services Regulatory, Alison Gibney, Senior Regulatory Executive and Calder's Funds & Investment Management team and Karen Killalea, Partner and Head of the Employment Group.
The panel discussed the principles and practices of good corporate governance for regulated firms.
In this episode, Kevin Adam-Hein, Team Leader at Broadgate Search, interviews ACOI President, Katy Jacobs about her successful career in compliance.
Kathy gives her perspective on the challenges facing those working in compliance in the 2020s and outlines what she looks for in potential employees.
This episode is an excellent listen for anyone interested in a career in compliance or looking to change roles or advance their careers.
In this episode John Devitt, CEO of Transparency International Ireland (TI)
discusses TI’s report: ‘‘Safe Haven? Targeting the Proceeds of Foreign Corruption in Ireland’’.
This report which was released earlier this year examines the extent to which Ireland is prepared to detect, freeze and repatriate the proceeds of overseas corruption laundered through the Irish economy.
The Compliance Files’ podcast series is available on all podcast platforms including iTunes, Spotify and Google Podcasts.
MA in Ethics (Corporate Responsibility) Information Session
In conjunction with our academic partner DCU, we would like to invite you to a live webinar at 6pm on Tuesday 15th June to find out more about the MA in Ethics (Corporate Responsibility) with Dr Alan Kearns.
The MA in Ethics (Corporate Responsibility) was recently ranked no.37 worldwide in the area of Corporate Social Responsibility by the Eduniversal Best Masters Ranking which covers 154 countries within 9 geographical zones.
This programme is designed to help you develop analytical and decision-making skills so you can apply ethical perspectives to ethical questions, challenges and dilemmas and will be particularly relevant to individuals working in areas of compliance, audit, board management and regulatory or public bodies.
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 and satisfies the Central Bank of Ireland’s Minimum Competency Code. The semester commences on 7th June 2021 and the closing date for registration is 9th July.
Join Kathy Jacobs and Evelyn Cregan on Tuesday 29th June and find out how this programme can assist you launch or further progress your career in Compliance.
Masters in Compliance: Course Taster
We would like to thank all those who attended our Masters in Compliance Taster event in May, run in conjunction with the iob. We’d also like to thank Rose Clear, who did a fantastic job in presenting at the event and giving prospective students an insight into what the programme entails.
We hope you found this event informative and beneficial. The slides from the event can be found here.
A full recording of the event will be available on our website shortly.
The ACOI celebrate its 20th anniversary next year and to help us mark this major milestone, we are asking members, particularly our longer serving members, to send us photographs you might have of past ACOI events or interesting stories and anecdotes from the ACOI’s history.
We hope to feature this content in the ICQ magazine and in other promotional materials for the 20th anniversary next year. Please send any content you may have to [email protected] with ‘ACOI 2022’ in the subject line. Thank you.
ICQ - New Appointments Section
The ACOI is delighted to announce the introduction of a new ‘Appointments’ section in the Summer issue of ICQ magazine. The content 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. 100 words and images should be supplied as hi-resolution JPEGs.
There is no charge for this facility and text and image content should be e-mailed to [email protected] before COB 14th June.
Save the date - IFCA - 2nd International Compliance Congress 2021
Monday 4 to Friday 8 October
Due to the success of the inaugural Congress in 2020, the International Federation of Compliance Associations (IFCA) will host the 2nd International Compliance Congress in October 2021. This virtual congress will run over five days with a variety of presentations, interviews and panel discussions from 12 member institutes, connecting 5 continents through compliance.
The Summer issue of ICQ Magazine will be published on 24th June and will include articles and content on a range of topics including:
- Culture, Ethics, Values and Beliefs
- Fintech 2021: Opportunities for Risk and Compliance Professionals
- Client Assets and the evolving regulatory environment
- Forthcoming EU modernised standard contractual clauses or “GDPR SCCs”: practical considerations and challenges for financial institutions
- Findings from the International Fraud Prevention Conference 2021
- ‘Todays Fragile to Tomorrows Agile World’ - 2nd place Niall Gallagher Scholarship essay
- Interviews with Steven Roberts, Head of Marketing & Data Protection Lead, Griffith College and Rosemary Brown, Head of Risk & Compliance, BCWM PLC
- Regulatory news update
As always, 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 protected] 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: [email protected]