CySEC Advanced · Chapter 7 of 14
Chapter 7: AML & Terrorist Financing
Prevention and suppression of money laundering and terrorist financing under Cyprus law.
5 of 70 exam questions (7%) · 151 practice questions · free: 27 notes, 30 flashcards
Try 10 free questionsFrom across the syllabus · no account needed
What Chapter 7 covers
The key topics of this chapter in the CySEC Advanced syllabus. Each has a free study note.
- Customer due diligence (CDD) and KYC requirementsRead the note: What does customer due diligence involve?
- Suspicious transaction reporting obligationsRead the note: How are suspicious transactions reported internally and to MOKAS?
- Risk-based approach to AML complianceRead the note: What is the risk-based approach to AML, and how do firms identify their risks?
- Politically exposed persons (PEPs)Read the note: When is enhanced due diligence required?
- AML compliance officer dutiesRead the note: What does the AML compliance officer do?
Exam questions per chapter
70 questions in the CySEC Advanced exam
- Ch 1 · Investment Services Law 20174 questions
- Ch 2 · Cypriot Investment Firms (CIFs)8 questions
- Ch 3 · CIFs and Banks8 questions
- Ch 4 · Open-Ended UCI Laws (2012–2019)6 questions
- Ch 5 · Alternative Investments6 questions
- Ch 6 · Business of Credit Institutions2 questions
- Ch 7 · AML & Terrorist Financing (this chapter)5 questions
- Ch 8 · MiFIR (2014)4 questions
- Ch 9 · Capital Adequacy Requirements8 questions
- Ch 10 · EMIR4 questions
- Ch 11 · Recovery and Resolution5 questions
- Ch 12 · Prospectus Regulation2 questions
- Ch 13 · Transparency Laws3 questions
- Ch 14 · Insider Dealing & Market Manipulation5 questions
Questions about Chapter 7
How many questions does CySEC Advanced Chapter 7 carry?
Chapter 7, AML & Terrorist Financing, accounts for approximately 5 of the 70 questions in the CySEC Advanced exam (around 7% of the total). The exact number can vary slightly from one sitting to the next.
What topics are tested in CySEC Advanced Chapter 7?
Chapter 7 covers: Customer due diligence (CDD) and KYC requirements; Suspicious transaction reporting obligations; Risk-based approach to AML compliance; Politically exposed persons (PEPs); AML compliance officer duties.
Should I prioritise Chapter 7 in my CySEC Advanced revision?
Chapter 7 carries approximately 5 exam questions, a medium weight. Prepare it thoroughly: study the key topics, then test yourself with practice questions. Understanding the regulation matters more than memorising definitions.
How can I practise CySEC Advanced Chapter 7 questions?
Start with 10 free questions from across the CySEC Advanced syllabus; no account is needed. For this chapter, the Chapter 7 Brief (€19) gives you 50 questions from this chapter, each with a hint before you answer and an explanation after. The Chapter 7 Exam Mock (€9) is 10 exam-style questions from the chapter: one attempt, then a review of every answer. If you are sitting the whole exam, the All-in-One (€289) has every chapter, all 1,679 questions and 5 full mock exams. Prices are final, with no VAT added, and access has no expiry date.
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See how the hints and explanations work before you pay.