CySEC Advanced Examination Preparation Course

CySEC Advanced Examination Preparation Course

The current course will cover all material preparing participants for their success at the Advanced Level Examination, which requires a very good knowledge of the Cyprus and European legal framework on the capital markets, and concerns persons who wish to be certified for the provision of all Investment Services:


  • Reception and transmission of orders in relation to one or more Financial Instruments
  • Execution of orders on behalf of clients
  • Dealing on own account
  • Portfolio Management
  • Investment Advice
  • Underwriting and/or placing of financial instruments whether on a firm commitment basis or not

The course runs under the close supervision of the EIMF General Manager Mr. Marios Siathas and Programmes Manager Mr. Giorgos Stylianou.


Target Audience of the EIMF CySEC Exams Preparation Course


  • 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


The assessment structure of the Advanced Qualification is a 90 minute examination consisting of 70 multiple choice questions and covers the following elements:


  • Investment Services and Activities and Regulated Markets Laws (2007 to 2014) Scope / Powers / Offences
  • Investment Services and Activities and Regulated Markets Laws (2007 to 2014) Cypriot Investment Firms (CIFs)
  • Investment Services and Activities and Regulated Markets Laws (2007 to 2014) CIFs and Banks
  • Insider Dealing and Market Manipulation (Market Abuse) Law (2005 to 2012)
  • Open-ended Undertakings for Collective Investment (UCI) Law (2012)
  • Alternative Investments
  • The Business of Credit Institutions Laws of 1997 to 2013
  • The Prevention and Suppression of Money Laundering and Terrorist Financing Laws 2007 to 2013
  • European Union
  • Guidelines for Investment Firms
  • Applied Risk Management

Course Focus

  • Passing the exams – the Course focuses primarily on the Syllabus of CySEC for the  certification of persons providing Investment Services and employed by Cypriot Investment Firms, Credit Institutions, Management Companies and Investment Companies of Variable Capital, which is a requirement for the provision of investment services in Cyprus
  • Operating within the legal framework – understanding how best to operate within the applicable Cypriot and European Union legal and regulatory framework and practice, and become a successful player in the European financial arena

Getting the technical tools – understanding the regulatory technical tools that are available to operate in the capital markets and enhance your financial strategies and risk management compliance processes

Preparation Material – All participants shall receive the EIMF booklet with all presentation notes, live mock exam and revision day, 3 sets of online mock exam, with total of more than 200 practice questions.

Registration Procedure for Exams:  
In order to register for the CySEC exams, you must complete the online application form.

The form allows candidates to choose the examination and two possible dates on which they wish to take the examination.


Exam Results: Upon completion of the examination, candidates will be notified immediately whether they have passed and the detailed results of the examination will be sent by email at a later stage.


Successful candidates need to fill in the Registration Form and send it to in order to register in the CySEC Public Registry of Certified Persons. Registration is valid for one year.


Exam Fees: In order to take the examinations, interested individuals are required to pay: €200 to take the Basic Examination or €300 to take the Advanced Examination. For More Information please click here

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DATES: 23, 25, 30 January, 1, 6, 8 February

DURATION: 32 Hours


LOCATION: EIMF Premises, Nicosia

TIME: 14:00- 20:15

FEES: HRDA eligible €451, non-HRDA eligible €995 (both + €189.05 VAT)

Start DateCourse TitleLocationCPD UnitsStatus
06 MarchCySEC Advanced Examination Preparation CourseNicosia32COMPLETED
17AprilCySEC Examination Preparation Course Limassol32UPCOMING
25 MayCySEC Examination Preparation Course Nicosia32UPCOMING
12 JuneCySEC Advanced Examination Preparation Course Limassol32UPCOMING

Registration Form

If you need help completing the online registration form, please give us a call at 2227 4470 or email us at 

Study at your own pace

Learn more about our self-study package, which includes all proprietary EIMF material, including access to 3 Mock Exams.

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


Mr Panayiotis Antoniou

Mr. Antoniou is a professional with 18 years-experience in the Banking and Insurance Sectors. He holds a Bachelor degree in Computer Science from State University of New York, USA, a Master’s degree in Information Systems from Virginia Tech, USA, a Master’s in Business Administration and a Master’s in Public Sector Management. He is also a member of the Project Management Institute and a partially-qualified member of the Association of Certified Chartered Accountants (ACCA). He is a holder of CySEC’s Advanced Certificate in Financial Services Legal Framework, a full member of the Chartered Institute for Securities & Investment (MCSI) specialising in Compliance & Risk and an approved trainer by the HRDA. He is currently the Head of Capital Adequacy Department of a large Advisory Group specializing in consulting regarding Regulatory and Risk related issues specializing in Basel III (CRDIV) matters (Pillar 1,2,3) and financial reporting of Investment Firms.

Mr Panagiotis Nikolaou

Panagiotis Nikolaou is a professional with many years’ experience in the Financial Services Sector in general and in the world of Investment Firms in particular. He has worked in CIFs in various positions, including that of the General Manager, Risk Manager, Executive Director, as well as on the front line as Head of Dealing and Brokerage Departments. He currently leads AFXAnts with offices in Nicosia, Athens and Durban.

Panagiotis is a full member of Chartered Institute of Securities and Investments (MCSI) and the Society of Technical Analysts (MSTA). He holds CySEC’s Advanced Certification, he is an approved Trainer by the HRDA, and was nominated and sponsored by KPMG and Barclays Bank in 2015 to join “Future Leaders” executive seminars.