Welcome to the September issue of the ACOI newsletter

 

 

 

ACOI in the News

CPD Events

The ACOI continue to receive media coverage, the latest commentary focuses on the findings from the recent published Central Statistics Office (CSO) survey which showed that 47% of businesses were concerned about reduced demand because of lower consumer consumption due to COVID-19. The results largely tally with findings from the ACOI latest survey. Responding to the CSO survey, the ACOI said it revealed a "worried and struggling business community in Ireland, with reduced turnover and uncertainty around a looming second lockdown having a real impact. We must support our local economies around the country, and the businesses that are essential to them.".  There was also continuing coverage of other aspects of the ACOI survey. All the latest coverage can be found here.

Please keep an eye on our social media platforms such as LinkedIn, Twitter and our website www.acoi.ie for more news items updates.

Please keep an eye on our social media platforms such as LinkedIn, Twitter and our website www.acoi.ie for more news items updates.

On Thursday, 10th September ACOI will welcome Laura Wadding, Deloitte Partner in Regulatory Risk and other guest speakers to deliver a webinar on Governance, Risk Management & Culture in Asset Management. Attendees will be given an overview of Governance Structures and Board Effectiveness, the CBI expectations of a Risk Management Framework and the evolving regulatory landscape.

On Wednesday, 16th September we will have the second in a series of webinars on SEAR, Fitness & Probity and Culture & Behaviour. Rose Kennedy, Director in Deloitte’s Risk Advisory Department and Melissa Scully, Director in Deloitte's Risk Advisory practice will deliver an end to end Fitness and Probity dedicated session.

You are also reminded to keep an eye on the Events Section of our website where all  future webinars will be posted. Recordings of recent webinars are also included.

 

ACOI Annual Conference

 

Designations Reminder

The ACOI annual conference will take place on Thursday 22nd October. This year’s event will be different from previous conferences as we will be moving to an online, virtual platform to safeguard the health of attendees and presenters.

This year our conference will focus on The Compliance Journey – from Advisor to Partner and Leader.

Our conference is a must attend event for all those working in the area of compliance as well as executives, board members and regulators.

We will be announcing speakers in the coming week so make sure to keep an eye on our LinkedIn and Twitter accounts.

Congratulations to all our members who passed their recent exams. ACOI would like to remind you that you are now eligible to apply for your professional designations, FCOI, CDPO, CFCPP & LCOI. There are many benefits to taking up your professional designation such as professional development, networking and career opportunities plus your designation is recognised internationally. For a full list of member benefits please click here. Please contact info@acoi.ie or call 01-7790200 for more information.

 

Certificate in Leadership Skills

 

Registration for ACOI Programmes

Congratulations to all ACOI members who successfully passed the Certificate in Leadership Skills programme.

The next programme will commence on 22nd September. This programme is delivered over 8 weeks, with a 3-hour session each week. It is aimed at new or experienced managers, supervisors and team leaders who want to learn how to improve their leadership and influencing skills. The aim of this programme is to increase company productivity through developing skilled and able leaders, who can effectively inspire colleagues to achieve better investment results for clients. To register for this programme, click here. If you have any queries regarding this programme please contact Edel Irvine or Ciara Lambe.

 

Registration is now open for the following ACOI programmes which are delivered through the IOB (a recognised school of UCD) -

Professional Certificate & Diploma in Compliance (PDC). This programme is the industry benchmark professional designation for practising compliance professionals. The PDC commences on 5th October 2020. For more information and to register click here.

The MSc in Compliance 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. To hear about the programme outline and a graduate’s experience, click here. Due to the current climate this programme will be delivered online. The MSc commences on 28th September 2020. For more information and to register click here.

The Professional Diploma in Leading Cultural Change and Ethical Behaviour in Financial Services. This programme will provide senior managers with the knowledge and tools to lead and embed effective cultures in their organisations. It commences on 5th October 2020 and will be delivered online. For a programme taster and to hear from Ger Mitchell, Permanent TSB, Chief Human Resource Officer, click here and to register click here.

 

 

Getting prepared for benchmark rate reform

 

Anti-money laundering rules to be made law

The key benchmark rates used by eurozone banks are undergoing major reforms. Banks will need to adapt in good time to the new rates regime and manage related risks. To support them, the ECB has published good practices for the transition. Please find the full article here.

New Government regulations to prevent money laundering and terrorist financing will be brought into law after the State was fined €2 million for delays in implementing the new EU rules. The Regulations which were passed in 2015 by the EU to introduce more transparency on the ownership of companies weren’t adhered to which has brought about the publication of the Money Laundering and Terrorist Financing (Amendment) Bill 2020. To read the publication click here.

 

The Bar of Ireland – Direct Professional Access Scheme

 

COVID-19 Resources of particular relevance to members

ACOI are delighted to announce a direct access professional scheme through The Bar of Ireland. This scheme offers our members direct access to a range of barristers for their legal opinions in non-contentious matters. For further information about this scheme and its benefits please follow this link.

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

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