Michelle heads up our Governance, Risk and Assurance (GRA) Department where she has responsibility for the delivery of internal audit, risk management, compliance and assurance work to a large portfolio of clients. These clients operate primarily in the Financial Services and Charity / Not For Profit Sectors.
Michelle is a regular speaker at our annual Credit Union conference. She provides training in the areas of risk management and governance and has lectured on a wide range of topics including internal audit, risk management, effective board reporting and governance.
Michelle joined RBK in 2015 having previously worked in the Dublin office of Evelyn Partners. Michelle is a fellow member of Chartered Accountants Ireland and also holds a Diploma in IFRS and a Certificate in FRS 102.
RBK Credit Union Benchmarking Survey Results 2024
This report summarises the findings of a survey of Credit Unions conducted in March/April 2024. It reflects responses from 43 Credit Unions and financial data from 74 published annual reports. This represents €11.04b or 57.1% of the total asset size of the Credit Union movement in the State. (The sector asset size was approximately €20.87b across 192 Credit Unions at 30 September 2023).The Credit Unions included in our research range in size from €17m to €570m and represent a mix of both community and industrial Credit Unions. Prior year data has been updated to reflect additional information that became available after our 2023 Credit Union Benchmarking Report was published. Non-financial data in this year’s report refers to the current year to date and includes prior year comparisons where available.RBK Credit Union Benchmarking Report 2024
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The Evolving Culture of Regulation 1.83 MB
Michelle O'Donoghue, Governance, Risk & Assurance Partner with RBK, presented on 'The Evolving Culture of Regulation' at our Annual Credit Union Seminar in May 2024.
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The Implications of the Amended Minimum Competency Code (MCC) 2023 for Credit Unions 471.53 KB
With effect from 1 October 2024, the MCC 2017 and MCR 2017 will apply to all in-scope activities for credit unions. These regulatory changes are being introduced with a view to ensuring that credit union members are afforded the same level of protection as consumers availing of similar products and services from other regulated entities. The MCC specifies certain minimum competencies for individuals and is closely linked with the Fitness and Probity Regime while the MCR places obligations on the credit union itself.
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Credit Union Benchmarking Survey Results 2023 5.04 MB
Results from our Annual Credit Union Benchmarking Survey 2023. This report summarises the findings of a survey of credit unions conducted in March/April 2023. It reflects survey responses from 44 credit unions and financial data used from 72 Credit Unions from published annual reports. Sample of Credit Unions represented €10.54b or 51.9% of total asset size of Credit Union movement in the State (sector asset size was approx. €20.3b across 205 Credit Unions as at 30 September 2022). Prior year data has been updated to reflect additional information that became available after our 2022 Credit Union Benchmarking Report was published. Non-financial data in this year’s report refers to the current year to date and includes prior year comparisons where available.
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Credit Union Regulatory Update 2023 1.34 MB
Michelle O'Donoghue, Partner and Deirdre Ward, Manager with RBK presented on moving the regulatory functions beyond compliance to become solution orientated functions with a forward thinking dynamic that aids strategic goals at our Credit Union Seminar in May 2023.
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RBK Credit Union Benchmarking Results 2023 - Our Analysis 2.58 MB
Ronan Kilbane, Partner with RBK presented the results of our annual Credit Union Benchmarking Survey at our Credit Union Seminar in May 2023.
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