CySEC AML · Chapter 3 · 6 exam questions

Chapter 3: Legal and Regulatory Requirements

The Cyprus AML Law, the CySEC Directive, and the obligations they place on regulated firms — plus the role of MOKAS.

6 out of 40 questions

15% of the exam

High weight chapter

What this chapter covers

The key concepts tested in Chapter 3.

1

The Cyprus Prevention and Suppression of Money Laundering Law

2

Transposition of the EU AML Directives

3

The CySEC AML Directive and obliged entities' duties

4

MOKAS — the Cyprus Financial Intelligence Unit

5

Record-keeping obligations and penalties for non-compliance

How to approach this chapter

★

This is a high-weight chapter — allocate more study time here. After studying, drill practice questions immediately while the material is fresh. Target 90%+ on this chapter before moving on.

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Flip through the key definitions and exam concepts for Chapter 3 — Legal and Regulatory Requirements.

Chapter 3 — FAQ

Common questions about this chapter and its exam weight.

How many questions does CySEC AML Chapter 3 carry?
Chapter 3 — Legal and Regulatory Requirements — accounts for approximately 6 out of 40 questions in the CySEC AML exam (around 15% of the total). Note: the official CySEC syllabus allows for slight variation of up to ±2 questions per chapter between exam sittings.
What topics are tested in CySEC AML Chapter 3?
Chapter 3 covers: The Cyprus Prevention and Suppression of Money Laundering Law; Transposition of the EU AML Directives; The CySEC AML Directive and obliged entities' duties; MOKAS — the Cyprus Financial Intelligence Unit; Record-keeping obligations and penalties for non-compliance.
Should I prioritise Chapter 3 in my CySEC AML revision?
Yes — Chapter 3 is one of the highest-weighted chapters with approximately 6 exam questions. Allocate proportionally more study time here and aim for 90%+ accuracy on practice questions before moving on.
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