Education

For the 3rd consecutive year, the Cyprus Fiduciary Association is happy to announce its annual plan of seminars and workshops for the upcoming year. The primary target of the Association is to raise the standards of the fiduciary services sector in Cyprus and one of the best ways to achieve this is by educating and training the sector’s professionals. To this end, the Association has identified the following three educational pillars under which it provides further training and education:

  1. Directorship/ Trustee Services
  2. AML & Compliance
  3. Corporate Administration

The objective of our seminars is to educate fiduciary professionals on their duties and responsibilities and to inform them on the latest sector developments, both local and international. Our aim is to deliver practical and hands-on seminars, with more examples and more real case scenarios.

Below you may find the educational seminars planned for 2017:

Seminar 8: Advanced Directors’ Workshop 30 Nov. & 1 Dec. 2017
Educational pillar Directorship/ Trustee Services
Targets To provide an analysis in greater detail of the current challenges and concerns surrounding the role of Directors. The seminar will also consider real case study scenarios, which will give practical guidance to the attendees in relation to the matters involved.
Target audience Lawyers, Accountants, Corporate Administrators, Fiduciary Professionals
Format Workshop
Duration Half-day
Number of runs Two (2)
Location Cleopatra Hotel, Nicosia (Thursday, 30 November)
Crowne Plaza Hotel, Limassol (Friday, 1 December)
Details Brochure
Registration Form
Seminar 9: AML Workshop Series 14 & 15 December 2017
Educational pillar AML & Compliance
Targets To analyse a number of challenges that Compliance Officers deal with on a daily basis. The purpose is to provide practical knowledge and approach to AML and compliance issues.
Target audience Directors, Compliance Officers
Format Workshop
Duration Half-day
Number of runs 2
Location Cleopatra Hotel, Nicosia (Thursday, 14 December)
Ajax Hotel, Limassol (Friday, 15 December)
 Cyber Security – Practical guidance for ASPs Completed
Educational pillar AML & Compliance
Targets To raise awareness on the risks of use of information technology and provide practical guidance on how to implement essential cyber security measures in your company.
Target audience Directors, IT Personnel, Compliance Officers
Format Seminar
Duration 09:00-14:00
Number of runs Two (2)
Location Cleopatra Hotel, Nicosia (Wednesday, 01 March)
St Raphael Resort, Limassol (Thursday, 02 March)
Details
Brochure
Registration Form
 AML Workshop: Identification, Risk Assessment & Monitoring of Transactions Completed
Educational pillar AML & Compliance
Targets To provide participants an in depth understanding of the key elements of Client Due Diligence and demonstrate measures they can take to improve the effectiveness of their existing systems and controls. It also aims to educate participants on current trends in Risk Based Approach, upcoming changes with a focus in Identification and highlight specific red flags when monitoring transactions.
Target audience Directors, Compliance Officers, any other ASP employees
Format Workshop
Duration 09:00-13:30
Number of runs Two (2)
Location Cleopatra Hotel, Nicosia (Wednesday, 22 March)
St Raphael Resort, Limassol (Friday, 24 March)
Details Brochure
Registration Form
VAT Seminar: Fixed Establishment Concept Completed
Educational pillar Corporate Administration
Targets To provide participants with a comprehensive understanding of how the Fixed Establishment concept as it relates to indirect tax, is being interpreted differently across Member States of the European Union, as this is causing commercial uncertainty, as well as situations resulting in double or non-taxation.
Target audience Corporate Administrators, Accountants/ Chief Accountants, VAT Practitioners, VAT Advisors, Lawyers, CEOs & CFOs of businesses.
Format Seminar
Duration Half-day
Number of runs Two (2)
Location St Raphael Resort, Limassol (Monday, 8 May)
Cleopatra Hotel, Nicosia (Wednesday, 10 May)
Details Brochure
Registration Form
Induction Course in Administrative Services Completed
Educational pillar Directorship/ Trustee Services, AML & Compliance, Corporate Administration
Targets To provide junior professionals of the fiduciary sector with necessary knowledge on the overall activities and responsibilities of an Administrative Services Provider.
Target audience ASPs, Audit firms, Law firms, Banks
Format Training Seminar
Duration Two Full-days
Number of runs One (1)
Location Cleopatra Hotel, Nicosia (Monday, 22 & Tuesday, 23 May)
Details Brochure
Registration Form
CRS – Framework & Reporting Completed
Educational pillar AML & Compliance
Targets To assist the participants familiarize themselves with the concept of the Common Reporting Standard and its applications under real life scenarios.
Target audience Directors, Compliance Officers, Accountants, any other ASP employees that need to be aware of compliance developments.
Format Seminar
Duration Half-day
Number of runs Two (2)
Location St Raphael Resort, Limassol (Friday, 16 June)
Cleopatra Hotel, Nicosia (Monday, 19 June)
Details Brochure
Registration Form
Rights of Settlor and Beneficiaries under a Trust Completed
Educational pillar Directorship/ Trustee Services
Targets To analyse the rights of the settlor and beneficiaries under a trust by presenting real case study scenarios.
Target audience Directors, Corporate Administrators
Format Seminar
Duration Half-day
Number of runs Two (2)
Location Cleopatra Hotel, Nicosia (Thursday, 28 September)
St Raphael Resort, Limassol (Friday, 29 September)
Details Brochure
Registration Form
AML Challenges and Developments and Sanctions Compliance Completed
Educational pillar AML & Compliance
Targets To provide an in-depth understanding of the sanctions and to give an update on significant developments in Cyprus and the EU in relation to AML Regulation.
Target audience Directors, Compliance Officers, ASP employees
Format Seminar
Duration Half-day
Number of runs One (1)
Location St Raphael Resort, Limassol (Monday, 9 October)
Details Brochure
Registration Form
Preparatory Course for CySEC exams on Compliance Officers*
Educational pillar AML & Compliance
Targets The preparatory course addresses people who wish to attend CySEC’s examination for Compliance Officers and will cover both all required regulatory framework as well as practical application of CO’s duties and responsibilities.
Target audience Directors, Corporate Administrators
Format Seminar
Duration 30-35 hours
Number of runs Two (2)
Location Nicosia & Limassol

* Subject to official announcement by CySEC on the date of the first Compliance Officers exams