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Why do I need to do CPD?

Answer

You need to complete Continuing Professional Development (CPD) to maintain your professional designation and stay compliant with Central Bank of Ireland’s Minimum Competency Code (MCC.

Key Reasons for Doing CPD:

  • Regulatory Compliance – The Central Bank of Ireland’s Minimum Competency Code (MCC) requires professionals in financial services to keep their knowledge up to date.
  • Retaining Your Designation – To keep your QFA, APA, CUA, CUC, or PTP designation, you must complete the required CPD hours each year. Failure to do so may result in the loss of your designation.
  • Keeping Your Knowledge Current – The financial industry is constantly evolving. CPD ensures you stay informed about new regulations, products, and best practices.
  • Enhancing Your Career – Keeping up with CPD helps improve your professional skills, credibility, and career opportunities.
  • Client Protection – CPD ensures that financial professionals provide accurate, ethical, and up-to-date advice to clients.