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ECONOMY

CFA Society Holds Contacts with Stakeholders in the Economy

CFA Society Holds Contacts with Stakeholders in the Economy

Senior officials of the CFA Institute from the USA and the United Kingdom and the leadership of the CFA Society Cyprus held a series of contacts with the Cyprus Securities and Exchange Commission and other stakeholders in the economy.

The focus of the meeting with the Cyprus Securities and Exchange Commission were Brexit and matters of common interest such as regulatory issues, the more general economic climate, the new investment services regime (MiFID II / MiFIR) as well as how the CFA Institute can support CySEC’s work through its offices in London and the UK.

The participation of CFA Society Cyprus in CySEC’s consultation procedures on current issues in the legal and regulatory framework was also discussed while the technical expertise of holders of the CFA professional qualification and their continuous professional training, which continues even after they acquire the CFA professional qualification, was presented.

Taking part in the meetings on behalf of the CFA Institute were Lucy Courtenay, Director Government and Regulator Relations, Dr Michael G. McMillan Director of Ethics and Professional Standards, and Kasia Marianiuk, Manager Society Relations, Europe, Middle East and Africa.

The President of the CFA Society Cyprus Panayiotis Chrysostomou said the Society of Cyprus as well as the CFA Institute are committed to working closely with the Securities and Exchange Commission and stressed that the Society is the leading professional body in Cyprus in the area of finance and investments and CFA charterholders have the required expertise to offer services in finance and investments to public and private organisations, as well as to individuals.

Meetings were also held with the management of the Institute of Certified Public Accountants of Cyprus (ICPAC) as well as with banks. During his visit to Cyprus, Dr McMillan gave a lecture at the University of Cyprus on Ethics in financial services, while members of the CFA Society attended specialised seminars.

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