The Cyprus Securities and Exchange Commission (CySEC) is the responsible authority for overseeing and supervising all investment services offered in and from Cyprus. CySEC’s main priorities are to ensure investor protection and the smooth operation of the market. Therefore, professionals operating within the investment services industry, must have the required knowledge to execute their duties and responsibilities with competence.

The CySEC Anti-Money Laundering Compliance Officer (AMLCO) examination has been around since 2020. It was introduced in an effort to enhance the Cypriot jurisdiction’s Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT) regulatory measures. The CySEC AML exam is composed of 8 chapters that focus on the European AML/CFT legislation and is a mandatory requirement for AML compliance officers working at CySEC regulated entities including Cyprus Investment Firms (CIF). CIF among with other CySEC regulated entities are required to employ a designated AML Compliance Officer; this requirement is also valid for Central Bank of Cyprus (CBC) regulated entities such as banks, Payment Institutions, and Electronic Money Institutions (EMI).

Successful CySEC AML exam candidates are qualified to provide compliance-related support. Also, depending on their position within a CIF or another regulated entity, professionals are able to submit significant regulatory reports such as the annual Money Laundering Compliance Officer Report.

Preparing with the The Most Complete™ CySEC AML certification preparation course live-online is ideal for learners who wish to engage with our course instructor and other learners through an interactive workshop. The live-online delivery of the course gives learners the opportunity to ask questions, seek clarifications, and actively participate in discussions to further embed their understanding of the material.

Please note the next live-online workshop is yet to be announced. If you would like to prepare for the CySEC AML exam, please visit our CySEC AML self-study course which includes the same content and material and can be studied at your own time and pace.