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IOB Professional Certificate and Diploma in Compliance Satisfies Central Bank of Ireland’s Minimum Competency Code
The Irish Operations Board (IOB) has announced that its Professional Diploma in Compliance and LCOI designation meets the Central Bank of Ireland’s Minimum Competency Code for individuals who adjudicate on consumer complaints related to retail financial products.
Program Details
The IOB’s Professional Certificate in Compliance is a level 7 qualification on the National Framework of Qualifications, comprising two modules:
- PDC 1: Compliance and the Regulatory Structure
- PDC 2: Conduct of Business Rules
Upon successful completion, students will be awarded the Professional Certificate in Compliance from University College Dublin (UCD).
The Professional Diploma in Compliance requires the completion of an additional two modules:
- PDC 3: Legal and Regulatory Aspects of Compliance
- PDC 4: Compliance Management
This level 7 qualification also confers the LCOI designation.
Entry Requirements
To enroll in the program, students must meet the minimum entry requirements, which include:
- Five passes in the Leaving Certificate or equivalent qualifications
- Mature candidates who are at least 23 years old may also apply
Program Delivery and Assessment
The program is delivered online, with exams consisting of:
- Multiple-choice questions for PDC 1 and PDC 2
- Written case-study and essay-style questions for PDC 3 and PDC 4
The fees for each module are €680.
Professional Body Membership
To undertake the program, students must be current members or become a member of the Association of Compliance Officers in Ireland (ACOI).
Contact Information
For further information on the Professional Certificate and Diploma in Compliance, including closing dates, exam dates, and to enroll online, visit:
Contact Adam Burns, Programme Manager at IOB, for more information:
- Email: education@iob.ie
- Phone: +353 (1) 611 6500
Membership Services
The Association of Compliance Officers in Ireland Email: info@acoi.ie Phone: +353 (1) 779 0200