Why Professionals Choose the EIMF CySEC Preparation Course

In addition to the most updated and concise material, those attending the EIMF CySEC preparation courses will greatly benefit from: 

• The in-depth expertise of those who deliver the course; the EIMF training team are industry experts with practical knowhow as well as experienced in the delivering of the CySEC exam preparation course 
• Through their vast experience the training team have designed a very well-structured course to assist participants to comprehend the knowledge and absorb the required knowledge of the syllabus topics as required for the examination – an approximate 92% examination success rate has been observed  
• A comprehensive study guide created by EIMF based on continuous feedback received from both succeeding and failing candidates 
• Revision questions with answers and references  
• 7 online mock exams, which have been designed based on feedback to meet the real-life context of the exam and can be attempted as many times as candidates may require, within 90 days (Participants who will attend the Basic Examination Preparation course will be benefited by 3 online mock exams) 
• The EIMF training team provide volunteer support to questions raised post-completion of the preparation courses. 

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 (Basic/Advanced) 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 7 sets of online mock exams with a total of 490 practice questions for the Advanced exam, while participants for the Basic exam will receive access to 3 sets of online mock exams with a total of 150 practice questions. 

Course Content and Examinations

The assessment structure of the Advanced Certification is a 90-minute examination consisting of 70 multiple choice questions, while the structure of the Basic Certification is a 60-minute examination consisting of 50 multiple choice questions.

The content of the Examinations cover the  following elements: 

Chapter 1: Investment Services Law 2017: Scope/Powers/Offences (Basic/Advanced) 

Chapter 2: Cypriot Investment Firms (CIFs) (Basic/Advanced) 

Chapter 3: Cypriot Investment Firms (CIFs) and Banks (Basic/Advanced) 

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

Chapter 5: Alternative Investments(Basic/Advanced) 

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

Chapter 7: The Prevention and Suppression of Money Laundering and Terrorist Financing Laws (Basic/Advanced) 

Chapter 8: Markets in Financial Instruments Regulation (MiFIR) (Basic/Advanced) 

Chapter 9: Capital Adequacy Requirements(Advanced) 

Chapter 10: European Market Infrastructure Regulation (EMIR) (Advanced) 

Chapter 11: Recovery and Resolution Laws(Advanced) 

Chapter 12: Prospectus Law(Advanced) 

Chapter 13: Transparency Laws(Advanced) 

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

View more information here for Advanced examination 

View more information here for Basic examination 

Registration Procedure for Examinations

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

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 [email protected] in order to become registered in the CySEC Public Registry of Certified Persons.  Registration is valid for one year. 

CPD Recognition

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

A Self-Study Preference (Advance, Basic)

For those who are unable to attend a course and prefer to self-study, the EIMF offers the opportunity to purchase seven (7) sets of online mock exams that provide a total of 490 practice questions for the Advanced exam, and three (3) sets of online mock exams, that provide a total of 150 questions for the Basic exam.

In-house Training

For groups within the same organisation, this course may be customized to meet any specific needs and delivered in-house.