Niall Gallagher Professional Diploma in Compliance Scholarship 


August 2023



The Compliance Institute, are delighted to announce the opening of the eighth Niall Gallagher Professional Diploma in Compliance Scholarship competition which is open to Compliance Institute members and the general public.


The Scholarship promotes the importance of further education and recognition of professional certification in the advancement of an individual in their career in Compliance. It is named the Niall Gallagher Professional Diploma in Compliance Scholarship in recognition of Niall’s contribution to the field of Ethics and Compliance, and in particular for his involvement in the formation and development of the Compliance Institute. Niall was the founding Chairman of the Compliance Institute and a career banker working for over 40 years in AIB plc until his retirement in 2008. Niall is an Honorary Fellow of the Institute and is a former Chair of the Compliance Institute's Ethics Committee.


We hope that this scholarship will assist the winners to realise their educational and career goals.

What is the Scholarship?


The Niall Gallagher Professional Diploma in Compliance Scholarship provides the 1st place winner with registration onto the academic programme Professional Certificate and Diploma in Compliance (PDC), which is considered the benchmark qualification in Compliance and is provided by the Institute of Banking, a recognised college of UCD, together with Compliance Institute membership for two membership years. On the successful completion of this academic programme the graduate will be eligible to apply for the Licentiate of Compliance Institute (LCI) designation from the Institute.

More about the PDC programme and the LCI designation

The PDC programme is a level 7 qualification on the National Framework of Qualifications (NFQ). It is a distance learning programme delivered through webinars. There are three exam sittings a year in January, May and September.


On successful completion of PDC 1- PDC 4, you will be awarded the Professional Diploma in Compliance from UCD. You will be invited to apply for the LCI designation ‘Licentiate of Compliance Institute’ and use the designatory letters 'LCI'. Continued use of this designation is subject to meeting the Institute's CPD requirements. 


The LCI designation satisfies the Central Bank of Ireland’s Minimum Competency Code for those who ‘adjudicate on any complaint communicated to a regulated firm by a consumer which relates to advice about a retail financial product provided to that consumer or the arranging of a retail financial product for that consumer’.  


Recipients of the Institute's LCI designation are also recognised internationally as ICCP (Internationally Certified Compliance Professional). 

How do you enter?

Submit an essay of up to 1,500 words on the following:


Essay Title: Identify and discuss the key attributes of a successful Compliance Professional [or Compliance function]  

– Discuss and Explain


Your essay should demonstrate:

Originality of thought – which will count for a significant proportion of marks. Candidates should avoid the overuse of quotations and references and should use practical examples or illustrations as appropriate.

Be your own work - if work is plagiarised, the essay will not be considered for the purposes of the scholarship (see Guidance on plagiarism below).

Coherence and structure - it should have a logical flow from description of each key point or argument through to examples and conclusion.


How to submit your essay

E-mail: [email protected]

E-mail title: The Niall Gallagher Professional Diploma in Compliance Scholarship


What the scholarship includes?

There are three prizes:

1st Place: Registration on the PDC Programme & Compliance Institute membership for 2 membership years.

2nd Place: Compliance Institute membership for 2 membership years.

3rd Place: Compliance Institute membership for 1 membership year.


The top three essays will also be published in Irish Compliance Quarterly (ICQ), the Institute's quarterly magazine.   

Closing Date

Closing Date to submit essay: 12pm on Monday 23rd October 2023


Selection Criteria

The selection of the winners will be undertaken by a judging panel of Compliance Institute members (the “Panel”).


Guidance on Plagiarism

  1. The presentation of work, which contains the ideas, or work of others without appropriate attribution and citation, (other than information that can be generally accepted to common knowledge) is an act of plagiarism. Examples of plagiarism are as follows:
  2. Presenting work authored by a third party, including other students, friends, family, or work purchased through internet services;
  3. Presenting work copied extensively with only minor textual changes from the internet, books, journals or any other source;
  4. Improper paraphrasing, where a passage or idea is summarised without due acknowledgement of the original source;
  5. Failing to include citation of all original sources; or
  6. Representing collaborative work as one’s own.
  7. While plagiarism may be easy to commit unintentionally, it is defined by the act not the intention.
  8. By submitting your essay, you are declaring that it is your work, and all work of others is appropriately attributed or cited. In the event of a suspected instance of plagiarism, taking account of the specific context and nature of the case, the Panel can refuse to grade the submission.