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CySEC Certifications
CySEC Advanced Exam Preparation Course
Prepare for the Cyprus Securities and Exchange Commission Advanced Examination with all 14 official elements, weighted full-length practice and source-grounded learning tools.
350 Practice Questions Detailed Study Notes Realistic mock exams
Course syllabus information reviewed for 2026. Always check the awarding body’s latest official syllabus and candidate updates before booking or sitting your exam.
Exactly what is included
- 350 practice questions across 5 mock exams · unlimited retakes
- Focus Learn · key areas, pitfalls, exam traps & key numbers
- Flashcards · fun, fast and effective recall
- Rules, formulas & worked calculations
- Audio Learning · every chapter in audio
- AI Analyzer & Mentor · pinpoints your weak areas
- Study Mode Exams · learn while you train
- AI Chat trained specifically for this exam
- Study material organised by syllabus
AI Audio Summaries New
Listen to course modules on the go. Perfect for studying while driving or commuting.
🎧 Audio
* This is a chapter sample. All audio is available in the full version.
Syllabus
Module 1: Investment Services Law: Scope, Powers and Offences
🎧 Audio
The legal perimeter, third-country firms, exemptions, CySEC powers, the ICF and offence exposure.
- • Scope and exemptions
- • CySEC powers
- • Investor Compensation Fund
Module 2: Cypriot Investment Firms
CIF authorisation and continuing obligations, tied agents, counterparties, markets, restrictions and reporting providers.
- • Authorisation
- • Conduct and governance
- • Markets and DRSPs
Module 3: Cypriot Investment Firms and Banks
Organisation, compliance, outsourcing, safeguarding, conflicts, client information, suitability and execution.
- • Organisational controls
- • Investor protection
- • Suitability and execution
Module 4: Open-Ended Undertakings for Collective Investment
UCITS forms, depositaries, disclosure, master-feeder arrangements and management companies.
- • UCITS operation
- • Depositaries and disclosure
- • Master-feeder and management companies
Module 5: Alternative Investments
AIF operation and AIFM authorisation, conduct, remuneration, conflicts, risk, liquidity and retail marketing.
- • AIF operation
- • AIFM duties
- • Risk and liquidity
Module 6: Business of Credit Institutions
CBC supervision, ownership and management, minimum capital, capital adequacy and regulatory returns.
- • CBC supervision
- • Capital
- • Returns and accounts
Module 7: AML and Terrorist Financing
Risk-based systems, CDD, governance, internal audit, customer acceptance and suspicious activity.
- • CDD
- • Board and compliance duties
- • Risk and suspicious activity
Module 8: Markets in Financial Instruments Regulation
MiFIR transparency, systematic internalisers, record keeping, transaction reporting and derivatives.
- • Trade transparency
- • Reporting
- • Derivatives
Module 9: Capital Adequacy Requirements
Own funds and capital ratios, large exposures, governance, remuneration, risk, SREP and ICAAP.
- • Capital ratios
- • Risk governance
- • SREP and ICAAP
Module 10: European Market Infrastructure Regulation
EMIR clearing, reporting, risk mitigation and CCP capital, liquidity, leverage and disclosure.
- • Clearing
- • Reporting and risk mitigation
- • CCP resources
Module 11: Recovery and Resolution of CIFs
Recovery plans, group support, early intervention, resolution tools, notifications and cooperation.
- • Recovery planning
- • Early intervention
- • Resolution tools
Module 12: Prospectus Regulation
Scope, exemptions, preparation, responsibility, approval, publication and administrative sanctions.
- • Scope and exemptions
- • Preparation and approval
- • Publication and sanctions
Module 13: Transparency Requirements
Issuer reporting, communication with holders and voting-right notification thresholds and exemptions.
- • Periodic reporting
- • Holder communication
- • Voting-right notifications
Module 14: Market Abuse Regulation
Inside information, disclosure, insider lists, managers' transactions, manipulation and recommendations.
- • Inside information
- • Disclosure duties
- • Market manipulation
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Published feedback from learners using Exams Academy across our exam-preparation courses.
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Aug 4, 2026
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Complex topics made understandable
I had an excellent experience with Exams Academy. The study resources were incredibly helpful when preparing for my exam. The content was well structured and made complex topics easier to understand.
Response from Exams Academy
Thank you, Ahmed. We are glad the structured resources helped make the more complex parts of your syllabus easier to understand.
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Tom E.
VERIFIED · Jul 13, 2026
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Google
Platform wraps explained
The PWMSP exam is heavy on ISA wrappers and SIPP mechanics. The cheat sheet gave me every threshold I needed for the test. Scored a 78%.
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Student review
Really solid mock exams. The IFQ syllabus is dense but this broke it down well.
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Zaid F.
VERIFIED · Jun 8, 2026
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Perfect revision tool
I used this for my final revision weeks and it was perfect The mock tests are very realistic and helped me spot my mistakes early I noticed a huge improvement in my speed and confidence highly suggest you take all 5 mock exams before sitting the real thing
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Stacy W.
VERIFIED · Jun 5, 2026
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Good structure
The chapter summaries are very detailed and clear.
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Poppy L.
VERIFIED · Jul 13, 2025
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Clutch
Whistleblowing rules
Whistleblowing & PIDA rules are solid. They test this a ton and it is covered well here. Helpful for my revision.
Interactive preview
Free CySEC Advanced Certification Practice Questions & Exam Preview
Try 15 CySEC Advanced Certification practice questions from 2. Cypriot Investment Firms
Practice CySEC Advanced Certification exam questions with answers and explanations. The full course includes 5 mock exams and chapter study tools.
Exam Preview
2. Cypriot Investment Firms
A CIF sends an incomplete application on 1 March and completes it on 1 May. Which event starts the six-month authorisation decision period?
1 / 15
Flashcards
Card 1 of 10Number Recall
Question
How frequently does the workbook require CySEC's proportional review?
Tap to reveal answer
Focus Learn
- 1.1.1 The investment-services perimeter
- 1.1.2 Third-country access and client initiative
- 1.1.3 Exemptions have conditions
- 1.1.4 CySEC and the Central Bank of Cyprus
- 1.2.1 CySEC's continuing responsibilities
- 1.2.2 Cross-border supervisory cooperation
- 1.2.3 Information and investigation powers
- 1.2.4 Failure to cooperate
- 1.3.1 ICF membership and eligibility
- 1.3.2 ICF funding and unclaimed money
1. Investment Services Law: Scope, Powers and Offences
What this element tests
4 of the official 70 questions address this element. Follow the sequence perimeter, authority, supervisory action, then compensation or offence. A regulatory licence and a claim against a failed member address different risks. For ICF cases establish membership and claimant eligibility before applying the aggregate formula; market losses alone do not trigger payment.
1.1.1 The investment-services perimeter
Law 87(I)/2017 regulates CIFs, market operators, data-reporting services and relevant third-country branches. Credit institutions providing investment services face the specified investment-service conduct and organisational duties alongside banking supervision. Establish the entity, service and jurisdiction before choosing a rule. Permission for one inv…
Unlock all Focus Learn
Open every chapter’s key areas, pitfalls, exam traps and key numbers.
Adaptive study tools
Focus weak topics, learn with feedback, then switch to exam conditions.
Practice modes
Learn first. Then prove you’re ready.
Learn with feedback, then switch to exam conditions.
Exam Mode
Realistic exam simulation
Use the timer, keep answers hidden, then review your result.
Preparation Package at a Glance
| Feature | Exams Academy | Details |
|---|---|---|
| Access Period | Lifetime Access | One-time enrollment with no recurring fee |
| Practice Exams | Unlimited Retakes | Five full-length 70-question mock exams |
| Study Support | Instant 24/7 AI Tutor | Self-service AI support; live instructor support is not included |
| Cost | $119 (One-Time) | One-time payment with no recurring subscription |
Frequently Asked Questions
The current official examination is computer-based and contains 70 multiple-choice questions. Candidates have 90 minutes.
CySEC requires a score of at least 70% to pass the Advanced Examination.
The official CySEC fee was EUR300 when verified. Administrative details can change, so confirm the current amount on the official examination page before registering.
The current official syllabus contains 14 weighted elements. The standard element allocations total 70 questions, with limited official flexibility.
Yes. It includes five complete 70-question, 90-minute mocks at the official 70% pass threshold and standard 14-element allocation.
The course includes 14 detailed summaries, 319 flashcards, a 335-item quick-reference sheet, Study Mode, timed Exam Mode and a source-grounded AI tutor.
No. Exams Academy is an independent education provider and is not affiliated with or endorsed by the Cyprus Securities and Exchange Commission.
You receive lifetime access to the current course content with no recurring subscription fee.
No. Results depend on the candidate's study and exam performance. The platform provides structured learning and timed practice to help diagnose and close knowledge gaps.
Yes! Test your knowledge and review detailed explanations with the free CySEC Advanced Certification Mock Exam Preview below. It contains 15 exam-style questions from one named topic; the full course provides complete mock exams and syllabus coverage.
Key Benefits
Five Official-Format Mocks
Rehearse the complete official question count, time limit, pass threshold and element weighting.
- ✓ 70 questions in every full mock.
- ✓ Official 90-minute timing and 70% pass threshold.
- ✓ Every paper covers all 14 weighted elements.
All 14 Syllabus Elements
Study the full current Advanced scope in the sequence set by the official syllabus.
- ✓ CIF authorisation, conduct and investor protection.
- ✓ UCITS, AIFs, MiFIR, EMIR and capital adequacy.
- ✓ Recovery, prospectus, transparency and market abuse.
Active Recall and Worked Calculations
Strengthen exact duties, thresholds, ratios, authorities and reporting sequences.
- ✓ 319 focused flashcards.
- ✓ 335 searchable references, including 33 worked calculations.
- ✓ Source anchors attached to detailed regulatory facts.
CySEC Advanced AI Tutor
Ask for clear explanations grounded in the complete course source material.
- ✓ Separates firm duties from CySEC and CBC supervision.
- ✓ Explains suitability, appropriateness, SREP and ICAAP.
- ✓ Connects market-conduct rules to the correct trigger and actor.
Exam Format & Details
| Assessment | 70 computer-based multiple-choice questions |
| Duration | 90 Minutes |
| Standard Pass Mark | At least 49 correct answers out of 70 |
Complete preparation for the current CySEC Advanced syllabus
The CySEC Advanced Examination covers a broad regulatory framework rather than one narrow rulebook. This course follows all 14 official elements: investment-services law, Cypriot investment firms, banks, UCITS, alternative investments, credit institutions, AML/CFT, MiFIR, capital adequacy, EMIR, recovery and resolution, prospectuses, transparency and market abuse.
The learning system turns the supplied official workbook and current official syllabus into 14 structured summaries, 319 active-recall flashcards, a 335-item reference with 33 complete worked calculations and an AI tutor grounded in all 150 numbered syllabus objectives. Numerical rules remain connected to their trigger, unit, responsible entity and competent authority so that revision goes beyond isolated memorisation.
Five mocks with the official element allocation
The current official examination contains 70 multiple-choice questions, allows 90 minutes and requires at least 70% to pass. The five mock exams include 350 practice questions. Every course mock follows that full format and the standard official allocation of 4, 8, 8, 6, 6, 2, 5, 4, 8, 4, 5, 2, 3 and 5 questions across Elements 1–14.
Use Study Mode while learning to receive immediate marking and source-anchored explanations. Switch to timed Exam Mode when you are ready to rehearse the complete paper. The weighted results help reveal whether the next revision session should focus on authorisation, investor protection, collective investment, prudential regulation, recovery or market conduct.
Who Is This For?
✓ Candidates preparing for the CySEC Advanced Examination
✓ Investment-firm, bank, fund and compliance professionals in Cyprus
✓ Professionals working with CIF authorisation, conduct or prudential requirements
✓ Risk, internal-audit, legal, operations and market-conduct specialists
Preparation centre
CySEC Advanced Certification Exam Guides
Use these connected guides for the syllabus, exam format, booking and revision strategy.
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CySEC Advanced Certification
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