CySEC exam questions by chapter

Practise CySEC exam questions organised chapter by chapter across all three certifications — 14 chapters for the Advanced exam, 8 for the Basic exam, and 8 for the AML exam. Each chapter page shows its exam weight, key topics, and practice questions with hints.

CySEC Advanced — 14 chapters

Advanced exam guide →
Advanced · Chapter 1 · 4 exam questionsInvestment Services Law 2017The scope, powers of CySEC, and offences under the Law regulating investment services in Cyprus.Advanced · Chapter 2 · 8 exam questionsCypriot Investment Firms (CIFs)Licensing, authorisation, capital requirements, and conduct of business rules for CIFs.Advanced · Chapter 3 · 8 exam questionsCIFs and BanksApplication of investment services rules to credit institutions, passporting, and cross-border provision of services.Advanced · Chapter 4 · 6 exam questionsOpen-Ended UCI Laws (2012–2019)Regulation of UCITS funds and management companies under Cyprus law.Advanced · Chapter 5 · 6 exam questionsAlternative InvestmentsRules for Alternative Investment Funds (AIFs) and their managers (AIFMs) under the AIFM framework.Advanced · Chapter 6 · 2 exam questionsBusiness of Credit InstitutionsGovernance, licensing, and regulation of credit institutions in Cyprus.Advanced · Chapter 7 · 5 exam questionsAML & Terrorist FinancingPrevention and suppression of money laundering and terrorist financing under Cyprus law.Advanced · Chapter 8 · 4 exam questionsMiFIR (2014)Pre- and post-trade transparency requirements and transaction reporting under MiFID II.Advanced · Chapter 9 · 8 exam questionsCapital Adequacy RequirementsCRR/CRD capital requirements, risk-weighted assets, and liquidity rules for investment firms.Advanced · Chapter 10 · 4 exam questionsEMIRRegulation of OTC derivatives, clearing obligations, and risk mitigation under EMIR.Advanced · Chapter 11 · 5 exam questionsRecovery and ResolutionFrameworks for managing and resolving failing financial institutions under BRRD.Advanced · Chapter 12 · 2 exam questionsProspectus RegulationRequirements for publishing a prospectus when offering securities to the public.Advanced · Chapter 13 · 3 exam questionsTransparency LawsDisclosure obligations for issuers of securities admitted to trading on regulated markets.Advanced · Chapter 14 · 5 exam questionsInsider Dealing & Market ManipulationMarket abuse prevention rules under the Market Abuse Regulation (MAR).

CySEC Basic — 8 chapters

Basic exam guide →
Basic · Chapter 1 · 4 exam questionsInvestment Services Law 2017The scope, powers of CySEC, and offences under the Law regulating investment services in Cyprus.Basic · Chapter 2 · 12 exam questionsCypriot Investment Firms (CIFs)Licensing, capital requirements, conduct of business rules, and client protection obligations for CIFs.Basic · Chapter 3 · 8 exam questionsCIFs and BanksApplication of investment services rules to credit institutions and cross-border provision of services.Basic · Chapter 4 · 5 exam questionsMiFIR (2014)Transparency requirements and reporting obligations under the Markets in Financial Instruments Regulation.Basic · Chapter 5 · 8 exam questionsInsider Dealing & Market ManipulationMarket abuse prevention rules under the Market Abuse Regulation (MAR).Basic · Chapter 6 · 5 exam questionsOpen-Ended UCI LawsRegulation of UCITS funds and management companies under Cyprus law.Basic · Chapter 7 · 6 exam questionsAlternative InvestmentsRules for Alternative Investment Funds (AIFs) and their managers under the AIFM framework.Basic · Chapter 8 · 2 exam questionsAML & Terrorist FinancingPrevention and suppression of money laundering and terrorist financing.

CySEC AML — 8 chapters

AML exam guide →
AML · Chapter 1 · FoundationalIntroductory ProvisionsFoundational concepts of the AML/CFT regime — the purpose of the framework and the key definitions the rest of the syllabus builds on.AML · Chapter 2 · 8 exam questionsUnderstanding Money Laundering, Terrorist Financing and SanctionsHow illicit funds move through the financial system, how terrorism is financed, and how financial sanctions regimes operate.AML · Chapter 3 · 6 exam questionsLegal and Regulatory RequirementsThe Cyprus AML Law, the CySEC Directive, and the obligations they place on regulated firms — plus the role of MOKAS.AML · Chapter 4 · 3 exam questionsThe AML Compliance CultureGovernance of the AML function — the role of the Compliance Officer, policies and procedures, and staff training.AML · Chapter 5 · 6 exam questionsAssessing and Managing RisksThe risk-based approach — how firms assess money-laundering risk and apply proportionate controls.AML · Chapter 6 · 11 exam questionsKnow Your Customer (KYC) and Customer Due Diligence (CDD)The heaviest chapter — client identification and verification, beneficial ownership, and simplified vs enhanced due diligence.AML · Chapter 7 · 4 exam questionsTransaction Monitoring and Suspicious ReportingOngoing monitoring, identifying suspicious activity, and reporting to MOKAS — including the prohibition on tipping-off.AML · Chapter 8 · 2 exam questionsCrypto Asset Service ProvidersAML obligations specific to crypto asset service providers (CASPs) — registration, the travel rule, and crypto ML/TF risks.