APAS & CUA

Course Aims

On successful completion of the four module Diploma course candidates will be able to:

• Describe the ethos, structure and operation of Credit Unions;
• Demonstrate their competence in providing professional advice on the savings, loans and additional financial services which Credit Unions provide for their members, including the processes and implications involved;
• Explain the different types of investment and loan offerings generally available in the market place;
• Discuss and demonstrate the impact of regulatory and statutory obligations generally used in the provision of financial services, and in particular, as imposed on credit unions in relation to the administration, management and governance and the provision of financial services to members;
• Satisfy the Central Bank of Ireland’s Minimum Competency Requirements (MCR) in explaining the main features, benefits, limitations and risks of different types of Non Life Insurance products and Life Insurance Savings & Investment products provided by Credit Unions acting as insurance intermediaries;
• Understand the Governance and Compliance requirements - in particular, the roles and responsibilities of the Directors, Supervisory Committees, Officers and Managers in the general control, direction and management of the affairs, funds and records of Credit Unions.

Note that some of the above does not apply in the case of those who choose the shortened two module route to the CUA designation.