Financial Services Advisory Firm MAP S.Platis Delivers Training Programme for Cyprus's Financial Services Regulator, CySEC

By Map S.platis, PRNE
Sunday, May 9, 2010

LIMASSOL, Cyprus, May 10, 2010 - On the 27th and 28th of April 2010, members of the Cyprus Securities and
Exchange Commission (CySEC) participated in an in-depth 2-day Training
Programme provided by the leading EU financial services advisory provider,
MAP S.Platis, with focus on the online currency trading market.

According to Dr. Stelios Platis, Managing Director of MAP S.Platis,
(www.mapsplatis.com) the forex market has become very key to Cyprus,
recently. "In the last two years, Cyprus has seen many important forex
players establish a presence on the island, seeking to become licensed under
the EU regulatory framework. This has led to Cyprus being at the forefront
of this booming market. However, there are many challenges around the
regulation and procedures in this sector, not only in Europe but on an
international level. Therefore CySEC officials who are responsible on a daily
basis for approval, licensing and regulatory supervision of these brokers in
Cyprus must have the best possible, as well as continuous, training in order
to carry out their duties effectively," says Platis.

MAP S.Platis is a unique and specialised EU financial services advisory
firm, (www.mapsplatis.com)
offering consulting services, executive training and
research in the financial services sector, with an impressive client list,
throughout Europe. Its consultants are highly specialised, academically
qualified individuals with extensive experience both in Cyprus and abroad.
MAP S.Platis has played a leading and crucial role in shaping the internal
procedures for the majority of Cyprus Investment Firms. It provides advisory
services during the acquisition of licenses, as well as the actual setting up
of these firms. This has given MAP S.Platis teams the chance to accumulate
substantial practical experience in regulatory requirements. It is precisely
for this reason that the local regulators regularly seek the advice and
training of MAP S.Platis.

During the Training Programme, Dr. Platis provided an overview of the
forex market mechanics, within the EU regulatory framework. Mr. Andreas
Theodosiou
, Senior Consultant with MAP S.Platis, provided further insight on
trading positions as well as known trading strategies. Mr. Alexandros
Constantinou
, a Consultant with MAP S.Platis, presented various electronic
trading platforms, as well as the necessary internal controls for the trading
of forex instruments.

The Chairman of CySEC, Mr. Georgios Charalambous, expressed satisfaction
at the high level delivery as well as the depth and sophistication of the MAP
S.Platis Training Programme.

About MAP S.Platis:

MAP S.Platis is a specialised and comprehensive EU Financial Services
consultancy firm located in Cyprus, offering consulting services, executive
training and research to the European financial services sector, with an
impressive client list, throughout Europe. In Cyprus, MAP S.Platis have
registered, assisted and consulted the registration of over 60% of all
Investment Firms registered under MiFID, to-date. For further information
about MAP S.Platis, visit www.mapsplatis.com, email
info@mapsplatis.com or call +357-2535-1335.

info@mapsplatis.com, Phone Number: +357-2535-1335

Alexandros Constantinou / Job Title: Consultant / Email: aconstantinou at mapsplatis.com / info at mapsplatis.com / Phone Number: +357-2535-1335

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