Dates: Thursday, 25th and Friday, 26th June 2026
Times: 15:00 – 18:20 (both dates)
Duration: 6 hrs
Online Course – Platform: MS TEAMS
Verified (Πιστοποιημένο) (CPDs: 6.00)
Category: Legal
COURSE DESCRIPTION:
This comprehensive and practical training program provides an in-depth understanding of the Consumer Credit Directive (CCD) and its legal and regulatory impact on the financial sector. Participants will gain knowledge and insights into the latest legal and regulatory provisions, developments, and implications for financial entities. The program covers key topics such as transparency, consumer protection, and the legal obligations for credit providers. It aims to equip professionals with the knowledge and skills necessary to navigate and implement the new legal and regulatory requirements effectively, ensuring compliance and mitigating legal risks.
WHY ATTEND THIS COURSE:
The Training includes coverage of newly published and forthcoming legislative package with great impact in the financial services. On completion of this Training the participants should be able to:
Understand and explore the latest legal /regulatory obligations:
• Information to be provided prior to the conclusion of the Credit Agreement
• Rights and Obligations in relation to the Provision of Credit to Consumers
• Assessment of Creditworthiness and Database Access
Gain a practical understanding of how the new legal requirements shall be implemented based on different aspects, such as the type of information and the different type of financial entities.
BENEFITS OF THE COURSE:
Upon completion of this Training, participants will be able to acquire and improve their knowledge, skills and stance as follows:
Technical knowledge:
• Identify the key provisions in form and content of credit agreements thematology, including changes and updates
• Describe the complex requirements of these core provisions
Skills Development:
• Illustrate and explain the more contentious requirements of the Rights and Obligations in Relation to the Provision of Credit to Consumers thematology
• Evaluate the key changes in the complex requirements of Consumer Credit
Stance Improvement:
• Encourage participants to assess the impact of Consumer Credit on their business
• Guide participants to analyse the legal implications of Consumer Credit legislations on their compliance frameworks
WHO SHOULD ATTEND:
The Training is addressed to the following participants:
Legal advisors at any position
Qualified Lawyers in all levels
Compliance officers at any position
Internal Auditors
Professionals who provide Consumer Credit or are involved in the Consumer Credit in Cyprus and the EU
Trainer: Dr. Elena Niki Karletidi
Short Bio: The trainer has substantial expertise in consumer and banking law, supported by a Bachelor of Laws (LLB), a postgraduate degree in International Commercial Law, significant research activity, and a PhD in Law, with specialization in Company Law, Banking Law, Commercial Law, Consumer Protection Law, and Contract Law. Relevant and substantial professional experience in legal practice, regulatory compliance, and the consumer credit sector is also required, particularly experience in coaching, leading, and guiding teams in specialized banking services areas. In addition, the trainer holds professional certifications (such as ICA–MiCA and Mediation) and possesses professional legal qualification, including membership in the Cyprus Bar Association (CyBar). These qualifications and experience ensure that the trainer is highly knowledgeable and well equipped to deliver comprehensive, practical, and legally robust training in this field.
PRICE:
The price of this course is €120.00 + VAT. (This course is not funded by the HRDA)
CPD Recognition:
This programme may be approved for up to 6 CPD Points. Eligibility criteria and CPD Points are verified directly by your association, regulator or other bodies which you hold membership.
LANGUAGE:
The language of instruction is English & Greek.
PARTICIPATIONS:
If you are interested to participate, please contact the Association by e-mail (ACBtraining@acb.com.cy) as soon as possible and no later than Thursday, 18 June 2026.
CONTACT:
Maria Varnava / 22 364613 / m.varnava@acb.com.cy
Skevi Sophocleous Kyriacou / 22 364612 / s.sophocleous@acb.com.cy or
ACBtraining / Association of Cyprus Banks (ACB) ACBtraining@acb.com.cy
PROGRAMME:
1st DAY / 25 June 2026 – CONTENT
(15:00 – 15:30) Session 1: Course Introduction (Training: 0,5 Hr)
• Participant Welcoming
• Icebreaker
• Course Outline and Objective
(15:30 – 16:30) Session 2: Consumer Credit Legal Framework (Training: 1,0 Hr)
• Overview of the legal framework
• Objectives and Purpose
• Consumer Credit Key Aspects
(16:50 – 17:50) Session 3: Form and Content of Credit Agreements – Main Requirements (Training: 1,0 Hr)
• Overview and Updates
• Objectives and Purpose
• Main Requirements
(17:50 – 18:20) Session 4: Information to be provided prior to the conclusion of the Credit Agreement (Training: 1,0 Hr)
• Legal Rights and Obligations
• Consumer Protection under the Cyprus Law (106(I)/2010) and the Cy transposition
• Compliance in the Digital Era
(TO BE CONTINUED)
2nd DAY / 26 June 2026 – CONTENT
(CONTINUES)
(15:00 – 15:30) Session 4: Information to be provided prior to the conclusion of the Credit Agreement
• Legal Rights and Obligations
• Consumer Protection under the Cyprus Law (106(I)/2010) and the Cy transposition
• Compliance in the Digital Era
(15:30 – 16:30) Session 5: Assessment of Creditworthiness and Database Access (Training: 1,0 Hr)
• Legal Rights and Obligations
• Compliance with the new requirements
• Strengthening the Legal Framework
(16:50 – 17:50) Session 6: Creditors and Credit Intermediaries Obligations (Training: 1,0 Hr)
• Compliance challenges and considerations
• Financial Education and Support to Consumers in Financial Difficulties
• Practical Examples, Questions & Discussion
(17:50 – 18:20) Session 7: Closing (Training: 0,5 Hr)
• Review
• Quiz
• Questions and Answers