Bank Of Cyprus Online Training

Bank of Cyprus Online Training

There are two categories, live online and eLearning courses.  Live online courses are offered via a live online platform, and involve live, synchronous classes, which require students and instructors to be online at the same specific date and time. Classroom courses will take place at EIMF in Nicosia (view map). eLearning Courses are self-paced online courses, which consist of pre-recorded video presentations and case studies. Learners may start, stop and resume their training at any time.

 

To view the courses, please click on the relevant category.

Classroom & Live Online Courses

The Fund Industry: Definitions, Structures, Strategies and Regulations

CPD Units: 5 | Subject-Matter Expert: Alex Kartalis | Live Online

Overview

Cyprus is rapidly emerging as funds jurisdiction both for UCITS and AIFs. Asset under management grow at a fast pace and more and more people become familiar with these products. The legislative environment is full and up to date and investors have a lot of options available. This seminar aims to familiarize participants with basic elements of the funds’ industry, the structures available in Cyprus and the prevailing laws and regulations.

 

Training Information

Wednesday 23/09/2020 – 16:00-21:30

 

One Delivery Method

Live Online: Skype for business

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CySEC Regulatory Fundamentals: The Investment Services Sector

CPD Units: 5 | Subject-Matter Expert: Panayiotis Antoniou | Classroom OR Live Online

Overview

This seminar will cover key topics regarding the organizational and regulatory framework of the Cypriot Investment Firms (CIFs) which will assist participants in understanding and implementing the requirements, whilst it will serve as a platform for discussion on relevant challenging matters.

 

Training Information

Friday 02/10/2020 – 15:30-21:00

 

Two Delivery Methods

Classroom: EIMF, Nicosia

Live Online: Skype for business

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Market Abuse and Trade Monitoring

CPD Units: 5 | Subject-Matter Expert: Alex Kartalis | Classroom OR Live Online

Overview

MAD is intended to guarantee the integrity of European financial markets and increase investor confidence. Any unlawful behaviour in the financial markets is prohibited. The concept of market abuse typically consists of insider dealing, unlawful disclosure of inside information, and market manipulation. MAR aims at enhancing market integrity and investor protection. To this end MAR updates and strengthened the existing MAD framework by extending its scope to new markets and trading strategies and by introducing new requirements.

 

Training Information

Monday 05/10/2020 – 09:00-14:45

 

Two Delivery Methods

Classroom: EIMF, Nicosia

Live Online: Skype for business

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Firm Responsibilities for the Oversight of MiFIR Transaction Reporting

CPD Units: 5 | Subject-Matter Expert: Vivienne Bannigan | Live Online

Overview

Failure to submit accurate, complete and timely transaction reports could result in the imposition of statutory sanctions. Moreover, firms are required to be controlled appropriately for the risks that is might face across the three lines of defence and without appropriate governance an oversight firms could face a higher possibility of regulatory and other breaches which could lead to significant intervention by Regulators as well as financial and reputational penalties.

 

Training Information

Wednesday 07/10/2020 – 10:00-12:45

Wednesday 14/10/2020 – 10:00-12:45

 

One Delivery Method

Live Online: Skype for business

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Financial Fraud, White Collar Crimes

CPD Units: 5 | Subject-Matter Expert: Sophia Nearchou | Classroom OR Live Online

Overview

White Collar Crimes (another term for Financial crimes) has gradually become of concern to businesses of the corporate field as well as the financial markets world. It is generally accepted that the popularity of economically motivated crime and the impact thereof on counties’ economy as well as the markets’ integrity, harms the both development and stability. Types of conduct where financial crime appears can be subdivided in activities that dishonestly generate wealth for those engaged in the conduct in question and there are also financial crimes that aim the protection of a benefit already acquired or facilitation the taking of such benefit.

 

Training Information

Monday 12/10/2020 – 09:00-14:45

 

Two Delivery Methods

Classroom: EIMF, Nicosia

Live Online: Skype for business

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EMIR Updates: Regulation (EU) 2019/834

CPD Units: 5 | Subject-Matter Expert: Andreas Savoullis | Live Online

Overview

EMIR is an all-encompassing set of rules that aim to reducing risk, a key element in the EU’s response of the root causes of the financial crisis of 2008. EMIR obliges a number of market participants to take specific measures to reduce their counterparty risk as well as to disclose to regulatory bodies their exposures on derivatives.

 

Training Information

Monday 12/10/2020 – 14:45-20:15

 

Two Delivery Methods

Live Online: Skype for business

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MiFIR Transaction Reporting

CPD Units: 5 | Subject-Matter Expert: Andreas Savoullis | Classroom OR Live Online

Overview

Investment firms which execute transactions in financial instruments must report complete and accurate details of these transactions to the relevant competent authority under Article 26(1) of MiFIR. The current Transaction Reporting regime, as introduced under the Markets in Financial Instruments Regulation (MiFIR), built substantially on the previous Markets in Financial Instruments Directive (MiFID) regime by increasing the number and types of instruments in scope, tripling the number of data fields required and increasing the level of complexity.

 

Training Information

Monday 19/10/2020 – 14:45-20:15

 

Two Delivery Methods

Classroom: EIMF, Nicosia

Live Online: Skype for business

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Corporate Governance for Financial Institutions

CPD Units: 5 | Subject-Matter Expert: Adonis Pegasiou | Classroom OR Live Online

Overview

Effectively, new regulatory requirements have been established while already existing codes of governance have been revised. Such efforts aim on the one hand to focus on requirements which should be fulfilled by the management bodies of organisations and, on the other hand, to enhance three areas of governance: remuneration, risk management and internal control.

 

Specifically, for the corporate governance framework of banks and investment firms there are detailed legislative rules and guidelines issued by the relevant supervisory authorities such as the European Banking Authority (EBA), the European Securities and Markets Authority (ESMA), the European Central Bank (ECB) and the national supervisory authorities. To a great extent the course on ‘Corporate Governance for Financial Institutions’  makes reference to these rules and guidelines.

 

Training Information

Friday 23/10/2020 – 15:00-20:30

 

Two Delivery Methods

Classroom: EIMF, Nicosia

Live Online: Skype for business

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Assuring the MiFID II Product Governance Regime

CPD Units: 5 | Subject-Matter Expert: Vivienne Bannigan | Live Online

Overview

The Product Governance regime ensures that when a firm manufactures or distributes regulated financial services and products, it has arrangements in place to understand the products are only sold to investors and clients for which they are likely to be deemed suitable. The requirements apply to “services” as well as “products”, for all client types and to all distributors in the sales chain. This seminar will provide participants with an overview of the regulatory requirements and assess what these requirements practically mean for firms.

 

Training Information

Wednesday 04/11/2020 – 10:00-12:45

Wednesday 11/11/2020 – 10:00-12:45

 

One Delivery Method

Live Online: Skype for business

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Market Abuse and Trade Monitoring

CPD Units: 5 | Subject-Matter Expert: Andreas Savoullis | Live Online

Overview

MAD is intended to guarantee the integrity of European financial markets and increase investor confidence. Any unlawful behaviour in the financial markets is prohibited. The concept of market abuse typically consists of insider dealing, unlawful disclosure of inside information, and market manipulation.  MAR aims at enhancing market integrity and investor protection. To this end MAR updates and strengthened the existing MAD framework by extending its scope to new markets and trading strategies and by introducing new requirements.

 

Training Information

Thursday 05/11/2020 – 09:00-14:45

 

One Delivery Method

Live Online: Skype for business

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Investor Protection Updates

CPD Units: 5 | Subject-Matter Expert: Christina K. Livada | Classroom OR Live Online

Overview

MiFID II and PRIIPs include numerous provisions on investor protection especially as far as retail investors are concerned. Emphasis is given mainly to the information to be provided to the client, the efficient determination of the target market and the distribution of the investment products accordingly, the suitability and appropriateness assessment of clients and best practices when executing client orders. While the objectives of the compliance function as well as the key principles underpinning the regulatory requirements have remained unchanged, the obligations have been further strengthened, broadened and detailed under MiFID II and PRIIPs.

 

Training Information

Wednesday 11/11/2020 – 09:00-15:00

 

Two Delivery Methods

Classroom: EIMF, Nicosia

Live Online: Skype for business

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Market Abuse and Whistleblowing

CPD Units: 5 | Subject-Matter Expert: Christina K. Livada | Classroom Or Live Online

Overview

Market abuse harms the idea of integrated markets and undermines people’s confidence in the financial system. It is essentially the product of insider dealing and market manipulation. In order to remove the existing barriers and avoid the problems created by the divergence in local legislations a new Regulation was considered more appropriate. The Rule was established in April 2014, Rule (EU) 596/2014. This rule is namely called MAR (Market Abuse Regulation) and includes all the provisions for this area. Two years later in 2016 the Government introduced Law 102 (I) 2016, that covers some additional aspects.

 

Training Information

Thursday 12/11/2020 – 09:00-15:00

 

Two Delivery Methods

Classroom: EIMF, Nicosia

Live Online: Skype for business

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MiFID II Best Execution Practical Workshop

CPD Units: 5 | Subject-Matter Expert: Andreas Savoullis | Classroom OR Live Online

Overview

The execution process must be reflected in an execution policy, which must specify the execution venues, and, where derivatives are concerned, must address and distinguish between Exchange Traded products and Over-The-Counter (OTC) products. Best Execution as part of the Markets in Financial Instruments Directive Recast (MiFID II) aims to strengthen investor protection by making markets more efficient and transparent. In April 2018 the first set of reporting was delivered by firms.

 

Training Information

Wednesday 18/11/2020 – 14:45-20:15

 

Two Delivery Methods

Classroom: EIMF, Nicosia

Live Online: Skype for business

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International Economics Sanctions Overview

CPD Units: 5 | Subject-Matter Expert: Adonis Pegasiou | Classroom OR Live Online

Overview

In the era of financial globalisation such ‘smart’ sanctions entail increased compliance obligations both for state institutions and private organisations which if not met carry significant fines and penalties. Given Cyprus’s strong financial and trade ties with Russia, the latest series of sanctions targeting Russian people and entities in the private and public sectors have caused great concern on the island and a need for all relevant actors to gain a better understanding on this topical issue.

 

Training Information

Wednesday 02/12/2020 – 09:00-14:45

 

Two Delivery Methods

Classroom: EIMF, Nicosia

Live Online: Skype for business

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eLearning Courses

Anti-Bribery and Anti-Corruption

CPD Units: 5

Overview

This course offers a comprehensive review to bribery and corruption, and the effects of both. It addresses the forms of bribery, provides statistics on bribery and examines the legal framework. It also covers the special provisions on how to report bribery.

 

Training Information

The course is offered fully online using a self-paced approach. The learning units consist of video presentations and case studies. Learners may start, stop and resume their training at any time.

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AIF – Alternative Investment Funds and AIFM

CPD Units: 5

Overview

This course offers a comprehensive introduction to Alternative Investment Funds (AIF) and to Alternative Investment Fund Managers (AIFM) It addresses the various categories and legal forms of AIFs, the relevant legal framework and the rules relating to their operation, as well as the most recent amendment to the AIF Law. It also provides a sound grounding to the organisation and transparency requirements.

 

Training Information

The course is offered fully online using a self-paced approach. The learning units consist of video presentations and case studies. Learners may start, stop and resume their training at any time.

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Best Execution Overview

CPD Units: 2

Overview

This course offers a comprehensive introduction to best execution. It addresses the characteristics of best execution and how to achieve it. It provides a solid grounding in order execution policies and client information. It also includes the special provisions and changes to best execution with MiFID II and the monitoring rules.

 

Training Information

The course is offered fully online using a self-paced approach. The learning units consist of video presentations and case studies. Learners may start, stop and resume their training at any time.

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Ethics and Compliance

CPD Units: 2

Overview

This course will help you to increase your personal ethics and explore your obligations to act with integrity in all aspects of your work and professional relationships. You will also appreciate an Ethical Code of Standards and examine how you can prevent bribery and corruption based on a financial regulatory context.

 

Training Information

The course is offered fully online using a self-paced approach. The learning units consist of video presentations and case studies. Learners may start, stop and resume their training at any time.

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European Market Infrastructure Regulation (EMIR)

CPD Units: 2

Overview

This course offers a comprehensive overview of the EMIR. It addresses the EMIR requirements, the types of counterparties and the clearing obligations. It provides a sound grounding to reporting requirements and risk management. It covers the risk mitigation processes and techniques as well as the EU margin rules and eligible collateral.

 

Training Information

The course is offered fully online using a self-paced approach. The learning units consist of video presentations and case studies. Learners may start, stop and resume their training at any time.

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Financial Crime Risk Management | New Course

CPD Units: 3

Overview

Financial services organizations have the difficult task of effectively identifying the greatest risks to themselves and to their customers, protecting both parties against unnecessary risks and satisfying regulatory requirements for greater transparency, awareness, and consolidation of information across the organization. This interactive and engaging programme aims to help participants understand the financial crime regulatory framework; and develop a comprehension on the management of financial crime risks.

 

Training Information

The course is offered fully online using a self-paced approach. The learning units consist of video presentations and case studies. Learners may start, stop and resume their training at any time.

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Financial Promotion and Marketing Compliance

CPD Units: 5

Overview

This course examines the role of the regulatory framework and competent authorities in countries such as the UK, Malta, the US, Cyprus and Germany, for the protection of consumers and investors. It provides a sound grounding in the guidelines for financial promotions and advertising principles. It covers the special provisions which result in unfair business-to-consumer commercial practices that go against professional diligence requirements.

 

Training Information

The course is offered fully online using a self-paced approach. The learning units consist of video presentations and case studies. Learners may start, stop and resume their training at any time.

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Fundamentals of Risk Management

CPD Units: 2

Overview

This course offers a condensed review of risk management, with a specific focus on operational, credit and market risks. The course also covers risk oversight and corporate governance.

 

Training Information

The course is offered fully online using a self-paced approach. The learning units consist of video presentations and case studies. Learners may start, stop and resume their training at any time.

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Governance, Risk Management and Compliance | New Course

CPD Units: 4

Overview

The self-based online training programme provides the participants with a broad range of areas addressed in a Governance, Risk and Compliance (GRC) model. Participants will understand how to apply GRC processes to avoid duplication of efforts. The programme also includes important definitions, and the structure of a GRC Model.

 

Training Information

The course is offered fully online using a self-paced approach. The learning units consist of video presentations and case studies. Learners may start, stop and resume their training at any time.

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ICAAP – Internal Capital Adequacy Assessment Process

CPD Units: 5

Overview

This course outlines the relevant firm’s responsibility to perform an internal capital adequacy assessment. It examines the process and methodology that will need to be performed while investigating the risk management framework which needs to be established according to Basel guidelines. It also looks the responsibilities of the different functions as regards the risk assessment and sets out the contents of the report that must be produced so as to satisfy this regulatory requirement.

 

Training Information

The course is offered fully online using a self-paced approach. The learning units consist of video presentations and case studies. Learners may start, stop and resume their training at any time.

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Insider Dealing and Market Manipulation

CPD Units: 5

Overview

This course will provide a comprehensive introduction to the Market Abuse Regulation’s definitions on insider information and inside dealing. It will also cover legitimate behaviour, unlawful disclosure of inside information and market soundings. It will provide a sound grounding in market manipulation, the accepted market practices as well as the prohibition, prevention and detection of market abuse.

 

Training Information

The course is offered fully online using a self-paced approach. The learning units consist of video presentations and case studies. Learners may start, stop and resume their training at any time.

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Market Abuse Regulation Overview

CPD Units: 2

Overview

This course offers a condensed review of Market Abuse Regulation (MAR). It addresses the characteristics of market abuse and the impact on firms and individuals. It provides a solid grounding in the market abuse offences, the role of the Committee of European Securities Regulators (CESR) and the specific penalties.

 

Training Information

The course is offered fully online using a self-paced approach. The learning units consist of video presentations and case studies. Learners may start, stop and resume their training at any time.

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Market Abuse and Regulation

CPD Units: 10

Overview

This course will provide a comprehensive review of Market Abuse and the respective regulatory environment. It will cover inside information and inside dealing as well as market manipulation, prohibition of market abuse and disclosure requirements. It will also examine the competent authorities with a perspective of the Cyprus and the UK financial regulators.

 

Training Information

The course is offered fully online using a self-paced approach. The learning units consist of video presentations and case studies. Learners may start, stop and resume their training at any time.

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MiFID II Overview

CPD Units: 2

Overview

This course offers a brief overview of MiFID II. It addresses the changes to the market structure under MiFID and MiFID II, and provides a sound grounding to the MiFID II provisions.

 

Training Information

The course is offered fully online using a self-paced approach. The learning units consist of video presentations and case studies. Learners may start, stop and resume their training at any time.

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Practical Aspects of the Compliance Function

CPD Units: 5

Overview

This course offers a practical review of the compliance function. It addresses the roles, responsibilities and mission of the compliance officer, the areas covered by the compliance unit and the tools and methodologies that facilitate the compliance officer’s daily work. It provides a sound grounding in the principles of compliance for investment firms and banking institutions. It extensively covers the regulatory provisions for operating a legally compliant firm.

 

Training Information

The course is offered fully online using a self-paced approach. The learning units consist of video presentations and case studies. Learners may start, stop and resume their training at any time.

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Regulatory Fundamentals for the Financial Services Sector

CPD Units: 15

Overview

This course offers a comprehensive review of the major regulations, directives and regimes of financial firms. It includes MiFID II, EMIR, Anti-Money Laundering, Market Abuse Regulation, AIFMD and UCITS. It provides a solid grounding on Ethics and Compliance, as well as GDPR.

 

Training Information

The course is offered fully online using a self-paced approach. The learning units consist of video presentations and case studies. Learners may start, stop and resume their training at any time.

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Treating Customers Fairly and Handling Complaints in the Financial Services Sector

CPD Units: 5

Overview

This course will help you to increase your knowledge in theory and practice about how to treat your customers fairly and in a compliant manner. It will also provide a sound grounding in the complaints handling procedure based on the financial regulations. It also addresses specific information and guides to management information and the Ombudsman.

 

Training Information

The course is offered fully online using a self-paced approach. The learning units consist of video presentations and case studies. Learners may start, stop and resume their training at any time.

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UCITS – Undertakings for Collective Investments in Transferable Securities

CPD Units: 5

Overview

This course offers a comprehensive introduction to the Undertakings for Collective Investments in Transferable Securities (UCITS). It addresses the national and EU environment, reflecting to the historical background of UCITS and their current stats in numbers. It provides a solid grounding in the general environment and industry players of funds in Cyprus. It covers the special regulatory provisions of UCITS and specific information for their characteristics.

 

Training Information

The course is offered fully online using a self-paced approach. The learning units consist of video presentations and case studies. Learners may start, stop and resume their training at any time.

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Risk Based Approach (RBA) to Anti Money Laundering | New Course

CPD Units: 5

Overview

This course aims to describe and explain the Risk-Based Approach (RBA) procedures so that the firms focus their efforts on those areas where the risk of ML and TF appears to be higher. Resources should be efficiently invested and applied where they are most required.

 

Training Information

This course may take up to 5 hours to complete. However, actual study time differs as each learner uses their own training pace.

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Compliance Introduction | New Course

CPD Units: 2

Overview

Compliance is developing in one of the most important functions for the banks, as well as for the financial and insurance institutions, as demonstrated by several international scandals impacting the reputation of big financial institutions. This course provide the essentials of compliance unit.

 

Training Information

The course is offered fully online using a self-paced approach. The learning units consist of video presentations and case studies. Learners may start, stop and resume their training at any time.

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Corporate Governance for Financial Institutions | New Course

CPD Units: 5

Overview

The concept/term Corporate Governance has featured regularly in discussions, both within the professional and academic community, since the 1990s and has become even more prominent following significant cases of corporate failure which had overarching adverse effects on the global interconnected economy.

 

Training Information

This course may take up to 5 hours to complete. However, actual study time differs as each learner uses their own training pace.

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