
Matters concerning the possessors of confidential information relating to financial instruments which are admitted for trading in a regulated market within Cyprus, or in relation to which admissions to trading has been requested from Cyprus, are regulated by the Insider Dealing and Market Manipulation (Market Abuse) Law. Regulations entitled the Market Abuse (Directive 2003/6/EC) Regulations 2005, (S.I. No. 342) came into effect on 6 July, 2005. These Regulations are intended to give effect to Directive 2003/6/EC of 28 January 2003 on insider dealing and market manipulation (market abuse) and the implementing Directives, 2003/124/EC, 2003/125/EC, 2004/72/EC.
Seminar Content:
• Applicability
• Inside Information
• Possessor of inside information
• Prohibition of acts by possessors of inside information
• Obligations of issuers of financial instruments
• Code of conduct of Directors and Related Persons
• Obligations of issuers – Sanctions
• Obligations of issuers – list of possessors
• Obligations of issuers – persons with managerial responsibilities
• Market manipulation
• Acceptable market practices
• Production and dissemination of research or recommendations
• Persons who professionally arrange transactions
• Civil liability
• CySEC responsibilities and powers
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: 27 January 2016
DURATION: 5 Hours
LOCATION: Frederick University, Limassol
TIME: 15:00 – 20:30
FEES: €100 +19% VAT
Registration Form
You can register by sending the completed registration form above to [email protected] or via fax to 2227 4475. If you need help completing the form, please give us a call at 2227 4470
Seminar Brochure
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 [email protected].
Instructor: Mr Alkis Aloneftis

Alkis Aloneftis is an Executive Director of Symmetria F.S. Ltd, an independent Cyprus-based financial advisory, research and analysis firm. He has held a number of Executive and non-Executive positions in Investment Firms specialising in asset management, regulation and compliance and investment banking, playing an active role in the listing of companies on international Stock Exchanges.
He is a holder of a B.Sc. Degree in Economics from University College London and an M.Sc. Degree in Investment Management from CASS Business School. He also holds the Advanced Certificate of the Cyprus Securities and Exchange Commission, the Certificate in Corporate Finance, granted by the Institute of Chartered Accountants of England and Wales and the Investment Management Certificate, granted by the Institute of Investment Management & Research, UK.