New MCC Sustainability: Insurance Brokers

Stay Ahead of Regulatory Changes That Impact Your Practice

The Central Bank of Ireland’s Addendum to the Minimum Competency Code published in June 2024 states that a person may complete CPD in respect of sustainability where directly relevant to their role.  This one-hour CPD in sustainability can be completed by anyone selling or providing advice on financial products or services that incorporate a sustainability element.  The Central Bank has indicated they would expect staff providing retail financial services to keep their skills and knowledge up to date.

What You’ll Learn

This targeted 1-hour training will provide you with the expertise needed to confidently integrate sustainability requirements into your advisory practice.

Core Focus Areas:

• Updated MCC Requirements: Deep dive into the 2024 Addendum and what it means for your daily operations
• ESG Integration: Understanding Environmental, Social, and Governance factors in insurance advice
• Sustainability Risk Assessment: How to identify and communicate sustainability risks to clients
• Client Preference Mapping: Techniques for understanding and documenting client sustainability preferences
• Compliance Obligations: Clear guidance on your new responsibilities under the Insurance Distribution Directive (IDD)
• Practical Implementation: Real-world strategies for integrating these requirements into your advice process

Why This Training Matters

With EU regulations continuing to evolve, demonstrating core knowledge of ESG factors and sustainability risks is no longer optional. This training ensures you’re not just compliant, but confident in delivering enhanced value to your clients while meeting regulatory expectations.

Please note that CPD is subject to accreditation approval, and will apply to attendees who register and attend the full duration of this presentation.