Welcome to the July issue of the ACOI newsletter

 Welcome to the July issue of the ACOI newsletter

 Upcoming CPD Events

As the country enters the next phase of restrictions being lifted and the further reopening of society and business, a reminder that it is business as usual here at ACOI. We continue to provide a full service and support to our members, to assist with any queries and keep all our members up to date with regulatory changes, new events and webinars.

You are reminded to keep an eye on the Events Section of our website where the details of future webinars will be posted.  Recordings of recent webinars are also included. Over the past 3 months just over 1590 members have attended our webinars. We are always anxious to get members’ feedback so if there are any topics you would like covered please let us know.

 ACOI in the News

 The FRAC committee needs you!

The ACOI continues to receive media coverage on a range of issues including the HSA powers as we all plan on returning to the office environment and the role the compliance profession can play in this regard. For further reading, all coverage can be found here (most recent coverage at the bottom)

The Finance Risk & Administration Committee (FRAC) is currently looking for members. The primary function of the Committee is to provide support and expertise to the Board of the ACOI in respect of its finance, risk, audit and administration functions. It would be desirable if applicants held an accounting qualification. For further details on the work of the FRAC or to apply please email info@acoi.ie.

 Professional Certificate & Diploma in Compliance

 MSc in Compliance

Well done to all our members who passed their PDC exams last Friday.

Registration for the Professional Certificate and Diploma in Compliance has been extended to Friday, 3rd July. 

 A level 7 qualification on the National Framework of Qualifications, this programme is the industry benchmark professional designation for practising compliance professionals. For more information and to register click here.

The MSc in Compliance, a level 9 qualification on the National Framework of Qualifications will be available online this coming September. The programme is designed to give Compliance professionals the knowledge and skills they need to implement effective compliance structures and enhance the overall internal governance structures of organisations. The benefits of distance learning is 1) fit your learning around your work and home life, 2) study & read at a pace that suits your learning style and 3) no time wasted, you can study whenever and wherever you desire. For more information click here or contact Evelyn Cregan.

 ACOI Membership Renewal

 Summer 2020 ICQ Magazine

The ACOI 2020/21 membership year will commence on 1st August 2020 and payment of your renewal subscription will be due. You will receive an email in early July with further details. To renew online using a credit/debit card, log in to the ACOI website using your username (email address on your ACOI account) and password.

The Summer edition of the ICQ magazine was published in June. This edition brings you articles from Amanda Shantz & Shirley Kavanagh who discuss Purposeful Leadership in times of crisis. Ed McDonald from the Ethics committee introduces our members to his first article in a three-part series on Accountability and Ethics. There are also many more interesting articles. Members can download a PDF version of the magazine through the Library section of the ACOI website when logged in as a member or click here to read online.


 Minimising Financial Crime

 The European Commission steps up fight against money laundering and terrorist financing

Rachel Woolley, Director of Financial Crime at Fenergo and a member of the ACOI’s Financial Crime Compliance Working Group, discusses the impact COVID-19 has had on financial institutions and what they must do now in order to minimize financial crime in Corporate Compliance. For further reading, please click here.

The European Commission has put forward an action plan to further strengthen the EU's fight against money laundering and terrorist financing which sets out concrete measures that the Commission will take over the next 12 months. The commission are hopeful that this comprehensive approach will shut down any remaining loopholes, remove any weak links and strengthening the EU's global role in this area. The rules will be better supervised and there will be better coordination between Member State authorities. For further reading, please click here


 COVID-19 Resources of particular relevance to members



The following contain links to the relevant sections of websites of particular relevance to ACOI members: