European Institute of Management and Finance | European Market Infrastructure Regulation (EMIR) (CPD)
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European Market Infrastructure Regulation (EMIR) (CPD)

European Market Infrastructure Regulation (EMIR) (CPD) 

The regulatory provisions introduced by EMIR impose on all financial institutions dealing in OTC derivatives new obligations on clearing, trade reporting and risk mitigation as well as critical practical dilemmas on how to deal with these new obligations.

 

Additionally, EMIR requires standardised derivative contracts to be cleared through Central Counterparties (CCPs) and seeks to establish stringent organisational, business conduct and prudential requirements for the performance of activities of CCPs and TRs.

Seminar Content:

  • Overview of EMIR and its general provisions
  • Presentation of the clearing Obligation, via a CCP, those OTC derivatives subject to a mandatory clearing obligation;
  • Presentation of the Reporting Obligation, report every derivative contract they enter to a trade repository;
  • Presentation of the Risk Mitigation Techniques, implement new risk management standards, including operational processes and margining on OTC derivatives not cleared by a CCP.

Financial institutions that trade OTC derivatives products will be significantly affected by the implementation of EMIR. As such, it is extremely important for all fi nancial institutions to be well-prepared for the regulatory and functional implications of EMIR as well as establishing the technical means to cope with their clearing, reporting and risk mitigation obligations as these are outlined by the Regulation.

 

Who should attend:

Investment Services Professionals, Bankers, Legal Professionals, Accountants, Fiduciary Service providers. Also professionals that aim to obtain their CPD training, as required by CySEC and the ICPAC.

Continuous Professional Development (CPD)

According to CySEC’s requirements, persons registered in the Public Register of Certified Persons must renew their registration on a yearly basis by submitting to CySEC within two months from the end of each calendar year a statement of continued professional training on topics that fall within the existing legislation on the capital market.

Furthermore, the ICPAC has put in place Continuous Professional Development (CPD) requirements based on ACCA’s CPD programme. ICPAC requires all members to undertake relevant CPD throughout their career, to ensure that they maintain and develop the knowledge, skills and expertise needed to succeed in their profession.

DATES: 03 March

DURATION: 5 Hours

LOCATION: Frederick University, Limassol

TIME: 15:00 – 20:30

FEES: €140 +19% VAT

Registration Form

Download Registration Form

You can register by sending the completed registration form above to info@eimf.eu or via fax to 2227 4475. If you need help completing the form, please give us a call at 2227 4470

In-House Training

If you would like to discuss bringing this or another topic to your organization on an in-house basis please call us at 22274470 or email us at info@eimf.eu.

Instructor: Mr Stathis Kyriakides

Stathis has worked as a Bank analyst, for 11 years on aggregate, in three international Rating Agencies. He was a lead analyst for a total of 17 countries in Central and Easter Europe, the Caucasus, the Balkans and the MENA regions.

He has also worked as a Senior Officer in the Cyprus Banking Association where he Chaired a number of committees (including O&M, Compliance, Payment systems etc.) and represented member Banks in a number of international and domestic fora. At the same time he was a Member of the Board of the Central Bank’s (CBC) Deposit Guarantee Fund and represented member Banks at CBC’s dispute resolution committee for credit card payments. He is currently employed as the head of Regulatory Compliance of one of the largest consultancy firms in Cyprus.

Stathis is a Certified Financial Analyst and a member of the CFA Society of Cyprus since its inception. He holds an MBA from the Judge Institute of Management of the University of Cambridge and a, BA (Magna Cum Laude) in Economics (and Management) from Clark University. He is also a member of the ΦΒΚ Academic Honors and ΔΟΕ International Economics Honors societies.