Compliance and Governance for Electronic Money Institutions (EMIs) in Cyprus
This course provides a thorough understanding of the legal and regulatory framework governing Electronic Money Institutions (EMIs) in Cyprus
- 3 CPD Units
- 3 Hours
- All Levels
This course provides a thorough understanding of the legal and regulatory framework governing Electronic Money Institutions (EMIs) in Cyprus. Participants will learn to navigate compliance requirements, implement effective governance structures, and manage risks associated with EMI operations. Designed for directors, compliance officers, legal professionals, internal auditors, and risk officers, this course offers interactive modules, practical resources, and self-assessment quizzes to ensure a comprehensive learning experience. By the end of the course, learners will be equipped to ensure regulatory compliance, uphold governance standards, and mitigate operational risks effectively.
Course Content
Understanding the Cyprus Legal Framework
- EU Directives and Harmonization
- Role of the Central Bank
- Electronic Money Law Overview
Licensing and Authorization Requirements
- Application Process for EMIs
- Ongoing Reporting Obligations
- Fit and Proper Criteria
Risk Management and Compliance
- KYC and CDD Procedures
- Internal Controls and Audits
- AML/CTF Regulations
Consumer and Data Protection
- Consumer Protection Rights
- Data Protection Under GDPR
- Handling Customer Complaints
Operational and Financial Risks
- Outsourcing and Third-Party Risks
- Cybersecurity and Fraud Prevention
- Liquidity and Capital Adequacy
Training Duration
This course may take up to 3 hours to be completed. However, actual study time differs as each learner uses their own training pace.
Participants
This course is ideal for anyone wishing to enhance their understanding of the legal and regulatory framework governing Electronic Money Institutions (EMIs) in Cyprus.ย It is also suitable to professionals pursuing regulatory CPD in Financial Regulation.
Training Method
The course is offered fully online using a self-paced approach. The learning units consist of video presentations, reading materials and quizzes. Learners may start, stop and resume their training at any time.
At the end of each session, participants take a Quiz to complete their learning unit and earn a Certificate of Attendance upon completion of all units.
Registration and Access
To register to this course, click on the ”Add To Cart”ย button to pay online and receive your access instantly. If you are purchasing this course on behalf of others, please be advised that you will need to create or use their personal profile before finalising your payment.
Access to the course is valid for 180 days.
If you wish to receive an invoice instead of paying online, please Contact us here. Talk to us for our special Corporate Group rates.
This programme has been developed by the European Institute of Management and Finance (EIMF), an EU recognised training institution.
The syllabus is verified by external subject matter experts and may be accredited by financial regulators such as CySEC, and general financial training accreditation bodies, such as CISI and ACAMS, for 3 CPD Units.
Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.
What People Say About EIMF
EIMF offered tools, knowledge, and practical experienceโฆno books can accomplish this!
EIMF is a great training provider, pursuing and excelling in the investment services industry
I now see that my behaviour was affecting the actions and dedication of my teamโฆthank you for making me see things that I never thought about before!! Course was amazing!
For us itโs vital to invest in the professional development for our staff. EIMF makes sure our investment is effective, and our people are able to realise their full potential.
High-quality content and very enjoyable learning experience. At EIMF courses are delivered in a very informative and engaging way and are beneficial for anyone who works within the financial services, accounting and compliance sectors.
We know our most valuable advantage is our people! Our success as an organisation is dependent on fully realising the potential of our people. Working with EIMF means we are able to achieve that in the most efficient and effective way.
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