This comprehensive course provides a detailed analysis of the regulatory framework governing the safeguarding of clients’ financial instruments and funds by Cyprus Investment Firms (CIFs), in line with the Investment Services Law (87(I)/2017), CySEC Directive DI87-01, and relevant circulars including C458. Participants will explore key requirements related to client fund segregation, daily reconciliations, use of third-party custodians, handling of inducements, and appropriate due diligence and diversification practices. The course also addresses operational practices for managing merchant accounts, title transfer collateral arrangements (TTCAs), and appointment of responsible officers. Ideal for compliance officers, internal auditors, finance professionals, and risk managers, this course equips firms to uphold investor protection and regulatory standards with confidence.
This training is eligible for 5 Continuing Professional Development (CPD) units.
Curriculum
- 11 Sections
- 10 Lessons
- Lifetime
- Section 1: Regulatory Framework1
- Section 2: Safeguarding of client\'s financial instruments and funds1
- Section 3: Depositing1
- Section 4: Use of Payment Service Providers (PSPs) and Electronic Money Institutions (EMIs)1
- Section 5: Use of Title Transfer Collateral Arrangements (\"TTCAs\")1
- Section 6: Maintaining a \'buffer\' in clients\' bank accounts1
- Section 7: Single officer for the safeguarding of client financial instruments and funds1
- Section 8: Reconciliation of clients\' funds1
- Section 9: Use of client financial instruments1
- Section 10: Inducements1
- Quiz: Safeguarding of Client\'s Financial Instruments and Funds and Inducements1
