Financial Ethics, Not Just a Philosophy
Compliance Ireland
invites you to
a lunchtime Seminar on Friday 5th July 2013
Course Summary:
The Minimum Competency Code published by The Central Bank of Ireland effective from December 1st, 2011 introduced the requirement for a specific “ethics module”. In response to this Compliance Ireland has developed a one hour Ethics seminar for Regulated Financial firms.
Course Contents:
The sessions deal with the following:
- What are ethics?
- How to follow the ethical route in a Regulated Financial Firm
- What does the Central Bank expect?
- How organisations can promote ethical behaviour?
- Does having ethics pay?
- Practical Examples
Course Outcome:
After completion of this seminar, participants will have an understanding of the ethical requirements that regulated firms face. The seminar will also provide ideas for firms to roll out an ethics course for their employees to comply with the Minimum Competency Code.
Who should attend:
- Board Directors
- Compliance Officers
- HR Personnel
- Employees who need to comply with the Minimum Competency Code
For more information and how to book, click here.
How to get your Credit Union Compliant
Compliance Ireland
invites you to
a morning Seminar on Wednesday 15th May 2013
Credit Unions should be aware that the Central Bank of Ireland has stated in their 2013-2015 Strategic Plan that “Another key focus of the Bank over this strategic period will be the restructuring and resolution of the credit union sector”.
To highlight this more intrusive approach by the Central Bank, Community Credit Union was issued a fine of €21,000 for failures in their Anti-Money Laundering and Terrorist Financing compliance framework.
The Credit Union and Co-operation with Overseas Regulators Act 2012 places specific obligations on credit unions including:
- A Strategic Plan
- Regulatory Policies and Procedures
- Compliance Monitoring programme
- Appropriate risk management
- Investment related policies and procedures
What does this mean for your credit union?
Because of the strengthened regulatory framework, each credit union will have to ensure that they meet these requirements and can demonstrate that they have appropriate policies and procedures and that these are implemented and integrated into actual real life systems. They also need to be able to demonstrate compliance with their obligations to the Central Bank of Ireland.
How can Compliance Ireland help?
Compliance Ireland has created a practical half day seminar that will outline how to create an appropriate governance and compliance framework for your credit union. We will provide you with the tools and information to enable you to demonstrate compliance with your obligations. The seminar will focus on the following areas:
- Appropriate Corporate Governance Framework
- Designing a business continuity plan
- Designing a conflicts of interest policy
- Designing effective remuneration policies
- Designing AML policies and procedures
- Implementing Fitness and probity standards in your credit union
- Designing a Risk Based Compliance Monitoring programme.
There will be a Q&A session after each section to provide more guidance.
This seminar will be presented by Joseph Shannon. His biography can be viewed here.
For more information and how to book, please click here.
OUR Previous seminars
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2013
Joseph Shannon will be one of the speakers at the following seminar organised by Hays on Wednesday 3rd April 2013.
Banking on Success
Career Opportunities through Education
Join us at the Institute of Bankers for an evening seminar dealing with upskilling in the banking sector in Ireland.
Agenda:
5.30pm - Registration with tea and coffee
5.50pm - Start
7.15pm - Finish
Location: Institute of Bankers, 1 North Wall Quay, Dublin 1
Date: Wednesday 3rd April 2013
REGISTER ONLINE FOR THE BANKING ON SUCCESS SEMINAR ( http://www.hays.ie/enhance-your-career/Bankingjobsinireland/HAYS_712118)
Hays, specialist recruiters in Banking and Finance, present an evening seminar at the Institute of Bankers. This event aims to give you the information needed to take the next step in your banking career. With QFA and APA qualifications becoming central to successful progression in the banking world, we want to make sure you are as informed as you can be.
Colin Canny, Hays Banking, gives an overview of the banking sector in 2013 and an introduction to how Hays Banking can make sure your next move is the right one.
Joseph Shannon, Head Regulatory Trainer and Consultant with Compliance Ireland, will speak about the difference between working in the banking sector with and without QFA and APA qualifications and how the Minimum Competency Code will impact the industry.
Rachel Ashe, Hays Marketing, is an expert in identifying best practice online candidate sourcing in the recruitment industry. Rachel will explain how best to use your LinkedIn profile to ensure you make the impression you desire.
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AML in Practice: Implementation of Current Legislation and Guidance
Compliance Ireland
invites you to
a morning Seminar on
Friday 22nd March 2013 FULLY BOOKED/Monday 25th March 2013 NEW DATE
From an Anti-Money Laundering and Counter Terrorist Financing point of view, the past year has been a busy one. We have had new guidance published, an Amendment Bill for the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010. We also have had two settlement agreements and a 'Dear CEO' letter published by the Central Bank of Ireland relating specifically to AML and CFT.
This course is intended to give practical guidance on how to implement the current Irish AML legislation, guidance and findings from the 'Dear CEO' letter. It aims to bridge the gap between knowing what is necessary under the legislation/guidance notes and actually implementing/embedding the requirement into your business in a way that does not hinder the day to day running of it.
It is understood that participants will already have a working knowledge of the legislation.
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2012
Implications for Employers: Understanding the Minimum Competency Code
Compliance Ireland
in association with Hays Banking and Financial Services
invites you to
a Breakfast Seminar on Wednesday 5th December, 2012
Anne Moylan, Fitness and Probity Specialist, Regulatory Transactions Division, and Deirdre Norris, Minimum Competency Specialist, Banking & Policy Division, Central Bank of Ireland will give an overview of the Fitness and Probity Regime with an emphasis on Minimum Competency Code.
Please click here for presentation slides.
Joseph Shannon, Regulatory Trainer and Consultant, Compliance Ireland will be describing how the Minimum Competency Code and the Fit and Proper Regime is impacting on new hires and existing staff in regulated firms and how firms should respond to implement these codes in practice.
Please click here for presentation slides.
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Consumer Protection – The Role of the Regulator
A Breakfast Seminar on Friday 21st September, 2012
Compliance Ireland in association with Hays Banking and Financial Services invites you to meet the Regulator!
Bernard Sheridan, Director of Consumer Protection, Central Bank of Ireland will be commenting on his directorate's role and issues arising in the area of consumer protection in the financial services sector.
Click here for a copy of Bernard Sheridan's presentation.
Kevin O'Doherty, Director, Compliance Ireland will be describing how the new Consumer Protection Code 2012 is impacting on regulated firms in practice and how firms should respond to minimise the risks of enforcement action.
Click here for a copy of Kevin O'Doherty's presentation.
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2011
THE NEW REALITY OF ENFORCEMENT
Friday 15 April 2011, 8:00am to 9:30am, Convention Centre Dublin, Spencer Dock, Dublin 1
Speakers: Kevin O'Doherty, Director, Compliance Ireland and Peter Oakes, Director of Enforcement at the Central Bank
Click here for Kevin O'Doherty's slides.
Click here for Peter Oakes' slides.
We were honored to host Peter Oakes, Director of Enforcement at the Central Bank of Ireland at our recent breakfast seminar "The New Reality of Enforcement".
Message from the Director of Enforcement:
Peter extends his appreciation to the audience and also to those who asked questions during the presentation and those that asked questions at the conclusion of the seminar. Peter reminds that those who will be caught by the ‘controlled function’ and ‘pre-approval controlled function’ definition in the Central Bank Reform Act 2010 should read Consultation Paper 51 and where they wish to contribute to the consultation, they should consider making a direct response should they feel their comments may not be carried by their industry/trade body.
The Central Bank’s Enforcement Directorate has a new email address for subscribing to e-mail alerts for news and developments related to the Enforcement Directorate. The email address is
This email address is being protected from spambots. You need JavaScript enabled to view it.
.
To subscribe, simply send an email to this e-address with ‘subscribe’ appearing in subject field. To unsubscribe, insert ‘unsubscribe’ into the email subject field.
The Central Bank will not engage in correspondence via this e-address except in respect of the above service. An automated message will issue repeating the foregoing.
Please see slides 42 and 43 of Peter Oakes' presentation for further details.
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2010
MiFID Update - The experience of 2009 and the challenges for 2010
Thursday 18th February 2010 8.00a.m. to 09.30a.m.
Speakers: Martin Moloney, Head of Market Supervision, Financial Regulator; Kevin O'Doherty and Peter Oakes, Compliance Ireland. Papers now available.
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