Target Audience of the EIMF CySEC Examination 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
• Financial and Professional Services Consultants
• Professionals joining the finance and professional services sector

Course Focus

• Passing the exams – the Course focuses primarily on the CySEC study guide 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
• Attaining the technical knowledge and 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 (based on the new syllabus)

All participants will receive the EIMF preparation booklets that include the presentation notes, glossary of all major terms and revision questions with answers and references. In addition, participants will receive access to 6 sets of online mock exams with a total of 420 practice questions.

Course Content and Examinations

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

Chapter 1: Investment Services Law 2017: Scope/Powers/Offences

Chapter 2: Cypriot Investment Firms (CIFs)

Chapter 3: Cypriot Investment Firms (CIFs) and Banks

Chapter 4: Open-Ended Undertakings for Collective Investment (UCI) Laws (2012–2019)

Chapter 5: Alternative Investments

Chapter 6: The Business of Credit Institutions Laws of 1997–2016

Chapter 7: The Prevention and Suppression of Money Laundering and Terrorist Financing Laws

Chapter 8: Markets in Financial Instruments Regulation (MiFIR)

Chapter 9: Capital Adequacy Requirements

Chapter 10: European Market Infrastructure Regulation (EMIR)

Chapter 11: Recovery and Resolution Laws

Chapter 12: Prospectus Law

Chapter 13: Transparency Laws

Chapter 14: Insider Dealing and Market Manipulation Regulation (2016)

View more information here

Registration Procedure for Examinations: 

In order to register for the CySEC examinations, prospective candidates are required to to book their exam date through the CySEC website.

Examination Dates on Revised Syllabus:

Currently, CySEC offers candidates the opportunity to choose an examination date from February onwards.

CPD Recognition

This programme may be approved for up to 32 CPD units in Financial Regulation of which 5 CPD units are in AML. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.

Examination Fees:

In order to take the examinations, interested individuals are required to pay the CySEC examination fees currently, €200 to take the Basic Examination or €300 to take the Advanced Examination.

Examination 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.

Read all relevant examination registration information here

Following the examination, successful candidates need to complete the CySEC Registration Form and send it to certifications@cysec.gov.cy in order to become registered in the CySEC Public Registry of Certified Persons.  Registration is valid for one year.

A Self-Study Preference

For those who are unable to attend a live course and prefer to self-study EIMF offers the opportunity to purchase the self-study package enabling them to study at their own pace and time whilst having all the necessary materials. The Self-Study Package consists of the EIMF booklets that include the presentation notes, glossary of all major terms and revision questions with answers and references. In addition, access to 6 sets of online mock exams with a total of 420 practice questions is provided. For more information, please contact us.