We recently met with Dermot McCole at his new premises on the Port Road, Letterkenny – Dermot is a Regulatory Compliance Consultant, who – during our meeting, explained the extent of his expertise and the services that he provides to help financial professionals (Mortgage, Insurance & Investment Brokers, Accountants, Credit Unions, Bureau de Change and Loss Assessors) to stay on top of their specific regulatory obligations.
Dermot has over ten years of experience across compliance and financial services – having worked with the Financial Services & Pensions Ombudsman, Davy Stockbrokers and the Central Bank of Ireland. Dermot is a qualified solicitor, and part-time law lecturer in ATU Donegal.
Dermot’s expertise and background are complemented by his friendly, personable approach to his compliant support solutions, offering a knowledgeable and confidential service to his clients.
Interestingly, Dermot has been working closely with UK based Loss Assessors, Mortgage, Investment, and Insurance Brokers (Northern Ireland, England, Scotland & Wales) – who are seeking to set up in Ireland, and face challenges posed by Brexit. Dermot can help those making an application to the Central Bank, to navigate the process. Dermot has the technical expertise to guide you seamlessly through each stage of the Central Bank’s authorisation process.
McCole & Co. Consultants wider services include:
The Central Bank’s authorisation process
Anti-money laundering & CFT
Regulatory inspections and interviews
The Central Bank’s conduct of business rules (KYC/Suitability)
Onsite-testing (policies & procedures)
The Central Bank’s fitness & probity regime
We are delighted to have Dermot as part of our membership! You can learn more about Dermot, and McCole & Co. Consultants, here: https://mccoleconsultants.ie/