A two-day training course in Risk in Financial Services organised by Quintessence Enterprises Ltd and presented by Petros Florides, Chartered FCSI, provides a comprehensive overview and explanation of the major risk areas in financial services. The course is suitable for anybody working in financial services, irrespective of level or discipline.

The course addresses both international and local issues within the sphere of managing risk in financial services, and provides a sound grounding in the principles of the risk management and its role in effective corporate governance. It covers specific techniques used in identifying, reducing and managing operational risk, credit risk, market risk, investment risk liquidity risk.

Quintessence Enterprises Ltd, as an Accredited Vocational Training Centre, awards 14 Continuous Professional Development credits (CPD).

CISI members could manually add the entry into their online CISI CPD Log, and even scan in their certificate of attendance which Quintessence awards to the delegates.

Based on the Cyprus Securities and Exchange Commission (CySEC) Circular G2013-01, "Persons registered in the public register shall have 5 CPDs (if registered for the basic examinations) or 10 CPDs (if registered for the advanced examination), for each calendar year". The circular also stipulates that "The professional training courses must concern topics «that fall within the existing legislation on the capital market»"

Based on the 2016 analytical program of CySEC CPD Seminars (as posted in its website), "Risk management and Liquidity management including methodologies for calculation of global exposure (Commitment and VaR), counterparty risk, and issuer concentration risk" as well as other topics relevant to this Risk in Financial Services Seminar, which is in fact the CISI Curriculum the course maybe considered as relevant to the requirements of CySEC.

Petros Florides is an honours graduate in Accountancy, a Chartered Management Accountant, a diploma-holding member of the Institute of Directors and a Certificant of the Institute of Risk Management. He sits on the Ethics & Risk and Human Resource & Training Committees of the Cyprus Investment Funds Association. He is a co-founder of the CISI’s Cyprus National Advisory Council (NAC).

Risk in Financial Services is suitable for risk and compliance teams, branch management, corporate lawyers, finance officers, senior managers of all disciplines and existing and aspiring non-executive directors.


Specialist qualification – covers a range of risks in financial services and can be taken as a stand-alone qualification or as part of the CISI's Investment Operations Certificate (IOC)

Offers a progressive study pathway – Risk in Financial Services is one of the first steps in the compliance qualifications study pathway and offers access to the higher level Diploma in Investment Compliance

Combine it with a CISI regulatory exam to complete the full Certificate in Risk in Financial Services. You are exempt from the regulation paper if you have already achieved a regulatory paper through another route, such as the IOC

Free CISI Student membership – become associated with a Chartered professional body and take advantage of an extensive range of benefits

Access to Associate membership and ACSI designatory letters

Seminar venue is the Classic Hotel, Nicosia on March 30th & April 6th 2016 from 08:00 to 17:15

Click the following links for the Announcement and the Website of Quintessence Enterprises Ltd  for more information.