According to the “Directive regarding the certifications of persons and the public register” (RAD 499/2012) as amended in 2013, it is compulsory that certified persons need to undergo annual training to satisfy the criterion of Continuing Professional Development in order to maintain their certification. These seminars aim primarily to satisfy the CPD requirement of CySEC by offering an update to the current developments of the Cyprus Law regarding CIFs and their obligations.
Our seminars are considered the most relevant and in line with applicable legislative framework for CySEC regulated entities.
(2) Registered persons shall be deemed to have renewed their registration when they: (a) submit to the Commission a statement of continued professional training on topics that fall within the relevant legislative framework which applies to them and which relates directly to the duties which they will undertake as part of their certification, of a duration of: i. ten (10) hours for persons registered in the public register for the basic examination, ii. fifteen (15) hours for persons registered in the public register for the advanced examination, iii. ten (10) hours for persons registered in the public register for AML compliance officers,