Course details
The Minimum Competency Code sets out the minimum standard required by law for persons providing advice on or arranging financial products for consumers. Persons or entities who fail to meet the minimum standard required by the Code will not be permitted to provide advice to consumers on retail financial products, such as Payment Protection Insurance or to arrange retail financial products for consumers.
Accredited individuals are required to complete 15 hours formal CPD annually. SIMI Consumer Credit CPD modules are designed specifically for accredited individuals (‘grandfathered’ and qualified) in the motor industry who have attained and continue to satisfy the specified minimum competency code (Minimum Competency Code 2011). SIMI Consumer Credit Module 1 (4 hours) for 2014 will be held at a number of venue’s in June and Modules 2,3 and 4 (totalling 7 hours) will be scheduled for the autumn, all training will be delivered by Keith Browne.
Course Content:
Module 1 - Course Outline (4 hours)
- Minimum Competency
- Consumer Regulations Updates
- Forms of Consumer Credit
- Consumer Protection Outlook
Course Location
About SIMI Skillnet
The SIMI was formed when the Society of the Irish Motor Traders Ltd and the Irish Motor Traders Association merged together in 1968.
The SIMI (Society of the Irish Motor Industry) is the official voice of the motor industry in Ireland. They are a member's organisation which consists of Dealers, Repairers, Vehicle Distributors, Wholesalers, Retailers, Vehicle Testers and many more important operators within the industry in Ireland. Thier role is to represent the views of the motor industry by campaigning to the Government, state bodies, the media and the motoring public.
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