The Central Bank of Ireland's Minimum Competency Code 2011 (MCC) details the CPD requirements insurance professionals must meet in order to be deemed compliant.

The MCC stipulates in order to be deemed an accredited person, you must also hold a recognised insurance qualification with a professional designation, or have a regulated firm certify that you have been approved as a Grandfathered Person.

To maintain your status as a Qualified/Grandfathered person, you must also satisfy the relevant annual CPD requirements as outlined in the III CPD Rules.

Your Guide to Compliance

Click below for a comprehensive guide to ensuring your compliance:

III Register of Compliant Persons

The III hosts and maintains a searchable register of those who maintain the following designations; APA (Personal, Commercial or Private Medical Insurance), CIP, CIP APA (Life Assurance), CIP APA (Pensions), CIP APA (Pensions & Savings and Investments), Dip L.A, CDip L.A, Dip PMI, DLA, DLDU and, DLDC.

III Grandfathered members accredited based on their experience and compliance with the requirements of the MCC are also listed on this register. You can access the III Register of Compliant Persons here

Note that ACII and FCII holders are subject to the rules of the CII scheme, details of which can be found here.

MCC Requirements

The main requirements of the MCC are outlined below.

  • As an III member, you can record your CPD through the iiiCPD Compliance tool. The tool allows you to record details of your completed CPD in any given year and keep track of your progress in terms of meeting your annual CPD requirement.
  • All CPD activity must be completed by 31 December. Failure to do so will result in a shortfall being noted on your CPD portfolio; see p.17 of the III CPD Rules for more information.
  • 15 hours of formal CPD must be completed each calendar year; at least 1 of these hours must relate to ethics and 1 hour must be completed for each function undertaken.
  • If you complete two courses on the same topic within a calendar year, you can claim CPD for both if the second course covers material which is at least 50% different to the first course.
  • It is advisable to complete a range of CPD topics with a good spread across the Central Bank of Ireland’s knowledge points.
  • CPD completed for MCC purposes must be accredited by the III.
  • Surplus CPD hours cannot be carried over into the next year.
  • III CPD scheme members who deliver an III accredited CPD lecture can claim the accredited amount of CPD hours for one instance of this course only.
  • Career breaks, unemployment, full-time study, gardening leave, change of employment or travel do not exempt you from meeting your CPD requirements.
  • If you are out of work for more than 2 months due to a long-term illness, you may apply for a pro-rata reduction in CPD. This must be verified by your employer.
  • A pro-rata adjustment in CPD requirements may also be available if you are taking statutory leave (e.g. maternity/parental/adoption). To apply for a pro-rata CPD adjustment, you must complete the relevant form and email a completed copy to The III will revert within 10 working days, confirming the revised CPD requirement.
  • It is good practice to ensure that CPD returns are submitted prior to beginning any statutory leave.

Contact us

If you have any queries regarding your annual CPD requirement, how to record CPD or III CPD Rules/Disciplinary Procedures, please do not hesitate to contact the III Member Services team on 01 645 6670 or