Chapter 3: CIFs and Banks

Chapter 3, CIFs and Banks, accounts for approximately 8 of the 50 questions in the CySEC Basic exam (around 16% of the total). The exact number can vary slightly from one sitting to the next.

Chapter 3 covers: Application of MiFID II rules to banks; Home state vs host state regulation; Passporting rights; Branch establishment; Cross-border service provision.

Yes. Chapter 3 is one of the highest-weighted chapters, with approximately 8 exam questions. Allocate proportionally more study time here, practise questions while the material is fresh and aim for 90%+ accuracy before moving on.

Start with 10 free questions from across the CySEC Basic syllabus; no account is needed. For this chapter, the Chapter 3 Brief (€19) gives you 50 questions from this chapter, each with a hint before you answer and an explanation after. The Chapter 3 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 (€219) has every chapter, all 829 questions and 5 full mock exams. Prices are final, with no VAT added, and access has no expiry date.