CySEC Examination Preparation Course for Beginners

Programme Overview

According to CySEC Directive, any person wishing to provide Investment Services and employed by Cypriot Investment Firms, Credit Institutions, Management Companies and Investment Companies of Variable Capital, is required to pass the Advanced or Basic CySEC exam.

The Cyprus Securities and Exchange Commission (CySEC) is an independent public supervisory authority, assigned the responsibility for the overall supervision of the securities market and of the transactions in transferable securities carried out in the Republic of Cyprus. Its aim is to ensure high standards of investor protection, to safeguard the integrity, fairness and transparency of the operation of the securities market and to promote the steady development of the securities sector.

The aim of the examinations is to ensure that candidates can apply an appropriate level of knowledge and understanding of the financial services regulatory framework that will assist them in the performance of their duties. Successful candidates will be certified and eligible to perform all the investment services/activities of paragraph 4 of the Directive.

Designed for

  • Existing and prospective executives and supervisors of Banks, Cypriot Investment Firms (CIFs) as well as UCITS and AIF managers
  • Existing and prospective employees of Banks, CIFs as well as UCITS and AIF managers responsible for the provision of investment services
  • Compliance Officers, Internal Auditors, Anti-Money Laundering Compliance Officers and Risk Managers of Banks, Cypriot Investment Firms (CIFs) as well as UCITS and AIF managers
  • Financial and Professional Services Consultants
  • Professionals joining the finance and professional services sector

Programme Focus

  1. Investment Services and Activities and Regulated Markets Laws (MiFID II) (2017) Scope / Powers / Offences- Scope and application
    • The Cyprus Securities and Exchange Commission
    • Offences
    • How to use the online assessment tool (multiple choice question bank) & exam technique main points
      Demo chapter test with answers by each participant for discussion
  2. Cypriot Investment Firms (CIFs) Investment Services and Activities and Regulated Markets Laws (MiFiD II) (2017)
    • Governance
    • General CIF obligations
    • SME growth markets
    • Regulated markets of the Republic
    • Data Reporting Service Providers (DRSPs)
      Demo chapter test with answers by each participant for discussion
  3. Investment Services and Activities and Regulated Markets Laws Cypriot Investment Firms (CIFs) and Banks
    • Specific requirements
    • Conflicts of interest
    • Provisions to ensure investor protection
    • Investment advice
    • Suitability
    • Best execution
      Demo chapter test with answers by each participant for discussion
  4. Open-ended Undertakings for Collective Investment (UCI) Laws (2012 to 2016) UCITS – Undertakings for collective investment in transferable securities (UCITS)
    • Obligations of UCITS
    • UCITS structures
    • Management companies
      Demo chapter test with answers by each participant for discussion
  5. Alternative Investments AIFs – The Alternative Investment Funds Law (2014)
    • The Alternative Investment Fund Managers (AIFM) Law (2013)
    • Organisational requirements
    • Investors
  6. The Business of Credit Institutions CI Laws of 1997 to 2016 – General
    • Liquidity and capital
    • Returns and accounts
  7. The Prevention and Suppression of Money Laundering and Terrorist Financing Laws (2007 to 2017) AML – Special provisions in respect of financial and other business activities
    • Financial organisations’ responsibilities
      Demo chapter test with answers by each participant for discussion
  8. Markets in Financial Instruments Regulation (2014) (MiFiR) – Scope
    • Transparency requirements
    • Reporting requirements
    • Derivatives
      Demo chapter test with answers by each participant for discussion
  9. Capital Adequacy requirements CAR – Directive DI144-2014-15 arising from EU575/2013
    • Directive DI144-2014-14 and Directive DI144-2014-14(A)
    • Governance
    • Supervisory review and evaluation process (SREP)
    • The internal capital adequacy assessment process (ICAAP)
  10. European Market Infrastructure Regulation (EMIR) – EMIR
    • General requirements
      Demo chapter test with answers by each participant for discussion
  11. Recovery and Resolution laws
    • Recovery planning
    • Intra-group financial support
    • Early intervention
    • Resolution
    • Procedural obligations
    • Cross-border group resolution
  12. Prospectus law (2012-2016)
    • Prospectus law
  13. Transparency law
    • Information reporting requirements for issuers
    • Framework of communication for issuers and holders of securities
    • Shareholder obligations
  14. Insider dealing and Market Manipulation Regulation (2016)
    • Inside information
    • Provisions relating to issuers of financial instruments
    • Market manipulation
    • Disseminating information
    • Administrative Measures and Sanctions
      Revision – Main points per chapter

Programme Structure

This course is mainly designed for participants who want to re-attempt the CySEC examination, thus is highly practical.

  • Pick up of main points usually examined
  • How to use the online assessment tool (multiple choice question bank) & exam technique main points.
  • Demo chapter test with answers by each participant for discussion
  • Chapter Test individually
  • Questions and answers
  • Mock Exam (2 types of mocks will be attempted)
  • Online examination tool
  • Report on results by chapter
  • Exam Technique

Key Learning Outcomes

The course is primarily focused on covering the updated syllabus of CySEC. The aim of this course is to ensure that candidates gain a comprehensive understanding of the examination content. The course provides thorough preparation for the examination it refers to and it is compulsory for candidates to use it in order to prepare for the CySEC exams so that they have the best chance of success. The course covers the latest version of the Learning Manual in the context of the CySEC certification procedure.

Specific emphasis is given on exam techniques and how to approach each section of the syllabus.

Benefits for you

  • Prepare for the CySEC exams in a thorough and practical way
  • Invest in your professional development

Requirements

Attendees should bring their own laptop or tablet or smart phone in order to use the online tool during the course.

Details


Dates:
19, 20, 26, & 27 September 2019
3, 4, 10, 11, 17, 18, 19, 24, 25, & 31 October 2019
1 & 7 November 2019

Time:
18:00 – 21:45

Duration:
57 hours

Venue:
CIIM Nicosia, 21 Akademias Str. (view map)

Language of Instruction:
English

Instructor:
Mr. Konstantinos Michaelides

Participation fees


Fee: € 1,110

HRDA Subsidy: € 510

Final Fee: € 600

* The programme has been approved by HRDA.  Click here to find out more about HRDA and other special discounts