Financial Crime Prevention Methods in Ireland Take Center Stage as Complexity and Volume of Regulation Increase
In today’s complex environment of financial crime prevention, practitioners must fulfill their fiduciary responsibilities while ensuring ethical and legal compliance. The increasing complexity and volume of regulations have made it imperative for individuals to possess specialized skills and knowledge to effectively prevent financial crimes.
Introducing the Special Purpose Certificate in Financial Crime Prevention
To address this need, University College Dublin has introduced a Special Purpose Certificate (Level 9 NFQ) in Financial Crime Prevention. This 10 ECTS program is designed to equip professionals with the necessary expertise to:
- Interpret contemporary legislation
- Design and complete major financial crime prevention projects
- Investigate suspected financial crimes
Industry-Recognized Program
The certificate has been developed in consultation with the Garda Bureau of Fraud Investigation and the Suspicious Transactions Unit in the Office of the Revenue Commissioners, ensuring that it meets industry standards. The program is open to individuals holding an honors degree or those with exceptional professional experience in fraud, risk, or compliance.
Key Takeaways
Upon completion of the program, participants will be able to:
- Apply their knowledge and skills to investigate suspected financial crimes
- Maintain and develop contemporary professional best practices
- Determine the performance of a financial crime prevention framework within their organization
CPD Hours and Tax Relief
The certificate is also recognized by the Institute of Bankers (IOB), with CPD hours awarded on successful completion. Tax relief may be available to individuals paying fees in a personal capacity.
Program Details
The program consists of five online lectures delivered across Saturdays, making it an ideal option for those with busy schedules. The closing date for applications is January 26, 2024.
Why Apply?
Financial crime prevention professionals who are looking to enhance their skills and knowledge should consider applying for this certificate. With funding available through IFS Skillnet, this program offers a valuable opportunity for individuals to upskill and contribute to the prevention of financial crimes in Ireland.
How to Apply
For more information or to apply, please contact education@iob.ie or visit the course webpage.