Training - Seminars

In-House Training Course

For Cypriot Investment Firms (CIFs)

Prevention of Money Laundering and Terrorist Financing

Registration Form

CySec in accordance to article 59(4) of the “Prevention and Suppression of Money Laundering Activities Law of 2007” has released on the 25^th February 2009 the “Prevention of Money Laundering and Terrorist Financing Directive to CIFs”

According to article 35 of CySec AML Directive CIFs should ensure that their employees are informed about their responsibilities and legal obligations pursuant to the Law (188(I)/2007) and CySec Directive by introducing a comprehensive training program for their employees.

Being sensitive of the current financial crisis and the limited budgets of Financial Services companies we will provide in the most cost-effective and efficient way In-House Training Courses to CIFs.

The courses will cover in details and analyse the above Law and CySec Directive with special emphasis on the new requirements introduced.

CySec Directive has immediate effect, but according to article 36 of the Directive, for existing customers, the provisions of the Directive should be applied within 9 months.

In-House training courses details are:

Venue: Provided by the client (Client’s premises)
Duration: 3 hours
Schedule: Time schedule will be agreed with the client
Instructor: George Papanicolaou (Member of the International Compliance Association)
Language: English or Greek
No. of participants: Up to 10
Cost: €600 Plus 15% VAT

Please complete Registration Form and send to: Fax +357-25755660 or email to papanicgeor@cytanet.com.cy

Or contact us at +357-25755911 for more information.

Training - Seminars

1st Annual AML Forum