Members of the specialized teams of MAP S.Platis have successfully delivered a customized two-day Training Programme to more than 35 members of the Cyprus Securities and Exchange Commission (CySEC), this week. The two day training took place on the 27th and 28th of April 2010 at CySEC’s premises, and covered the implementation of MiFID by Cyprus Investment Firms, which offer online FX Brokerage Services, their platforms and MAP S.Platis internal audit procedures.
The Programme included a discussion of the structure and operations of FX Cyprus Investment Firms and the MiFID instruments and services that they use. Also, the participants were presented with the mechanics behind the foreign exchange market, and other related matters, by reference to the trading platforms which are used. Members of the Internal Audit teams of MAP S.Platis also presented to members of the Cyprus regulatory body various internal audit methods and strategies that MAP S.Platis have developed, particularly for the sector.
The successful implementation of the Programme was acknowledged by the Chairman of CySEC, who expressed his satisfaction for the high level delivery by MAP S.Platis, as well as the depth and sophistication of the information presented.