CYPRUS

To maintain the validity of their certification, CySEC-certified professionals must complete a designated number of Continuous Professional Development (CPD) units annually. This requirement ensures professionals remain informed about regulatory updates and industry trends.

CPD Unit Requirements for holders of CySEC Certificates

The annual CPD obligations depend on the type of CySEC certification held as explained below:

- Advanced Certification: 15 units

- Basic Certification: 10 units

- AML Certification: 10 units

For professionals holding multiple certifications, the requirements are as follows:

- Advanced + AML Certification: 20 units

- Basic + AML Certification: 15 units

Certified Persons are responsible for maintaining a record of their completed CPD units and must renew their certification each year to retain their status in the CySEC Public Register.

Generic annual training requirements

Employees of entities supervised by CySEC need to complete a regular annual Anti-Money Laundering and Terrorist Financing (AMLC/CFT) Training. New employees must complete an Initial AML/CFT training before starting work. Other regulators like ICPAC and Cyprus BAR association also requires people under the supervision to complete certain AML/CFT hours of training to renew their licenses.

MAURITIUS

The core requirement for employees of a brokers is an annual comprehensive AML/CFT training. Some individuals filling certain positions might be recommended additional training by the regulator on specific subjects.

SEYCHELLES

The core requirement for employees of a broker is an annual comprehensive AML/CFT training and the FCPA (Financial Consumer Protection Act)

If you have been required to undergo training on a specific subject, do not hesitate to contact us, we can provide various custom trainings!

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