The work of Council is supported by the following committees:
- Financial Crime Compliance
- Consumer Protection
- Ethics Committee
- Data Protection & Information Security
- Prudential Regulation & Governance
- Reg Tech
The Membership Committee is responsible for making sure that the Association’s activities are relevant and engaging for members, and that the Association’s proposition has real value both to the members and to the community of compliance professionals as a whole. The Association would like to recruit new members for this committee and has a particular interest in members who:
work in the insurance, funds, life & pension and credit union sectors; and/or
work in legal or consulting firms; and/or
are only recently enrolled for any of the association’s accredited education programmes;
and/or have become members of the association in the last few years.
Membership Committee Terms Of Reference are set out here:
EPDS Education & Professional Services Committee
The primary function of the Committee is to assist the Board in researching, planning, co-ordinating, developing, implementing and overseeing courses of study, accredited CPD and other continuing non-accredited educational and related activities for the benefit of ACOI members.
EPDS Committee Terms Of Reference are set out here:
FRAC – Finance, Risk & Administration Committee
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. Specifically the Committee will focus on:
Annual financial plan and updated forecasts during the financial year
Monthly management accounts and reporting to the Board
Three year financial planning
In the role of Risk Committee, the Committee will provide a link between the Board and the internal and external risks faced by the Association.
Finance Risk & Administration Committee Terms Of Reference are set out here:
The primary function of the Committee is to provide support and expertise to the Board of the ACOI, ACOI members and the wider business community in respect of business ethics. Specifically, the Committee will focus on the following areas:
- Support and assistance to ACOI members and members of the wider business community in discharging their responsibilities with recognition and understanding of the ethical dimension of their role and function, and the context within which they operate;
- The provision of education, training and development support in the area of business ethics and the practical aspects of ethics in business;
- The examination of ethical dilemmas, challenges, or practical situations that may give rise to ethical issues and the development and provision of generic guidance;
- Consultation and collaboration with other professional bodies and business in general in the area of business ethics and sharing of experience and ethics guidance for the benefit of the ACOI
Ethics Committee Terms Of Reference are set out here:
The primary function of the Committee is to provide for governance and oversight of financial accounting, financial reporting, the internal control framework, and the risk-management framework of the Association.
The Committee provides a link between the Council and the external auditors, and is independent of the Association’s day to day executive management.
Audit Committee Terms Of Reference are set out here: