European Institute of
Financial Directors

European Institute of Financial Directors

Dr Simon Grima

The EIFD President

Dear Colleagues!

Welcome to the website of the European Institute of Financial Directors.

The profession of financial director differs from both the job of a managing director and that of an accountant, but it encompasses the responsibilities of both positions.

This is a fast developing profession. The number of financial directors grows every year and so does the need to create a professional community.

The European Institute of Financial Directors is so far the only professional organization whose aim is to popularize the profession, setting the standards of knowledge, skills, certification, and unification for the financial directors in the European Union, Russia, Ukraine, Kazakhstan, and other countries.

We hope that your participation in the Institute’s activities will help you to grow professionally and to make a successful career in financial management.

Latest news and articles

European Gambling Laws

The EU may be relatively unified as a trading bloc, but when it comes to gambling laws, each nation varies slightly from many of its European neighbours. This can be confusing for some players, with the Schengen agreement allowing for widespread travel between states within the EU. It essentially means that you can cross over […]

The post European Gambling Laws appeared first on The European Business Review.

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5 Ways to Reduce Bounce Rates and Boost Engagement on Your Website

When you’re working hard to get people to your website it can be very frustrating to see many of those people bouncing from your page. In order to achieve your goals, you need people to take action on your webpages, and with these steps you can do just that. Use these five tips to reduce […]

The post 5 Ways to Reduce Bounce Rates and Boost Engagement on Your Website appeared first on The European Business Review.

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SEC Adopts Amendments to Modernize Auditor Independence Rules

On October 16, the Securities and Exchange Commission adopted amendments (the Amendments) to its long-standing auditor independence rules. The Amendments, which largely mirror the amendments proposed in December 2019, reflect updates based on recurring fact patterns and related SEC staff consultations, respond to recent changes in capital market conditions and modify certain aspects of the… Continue Reading…
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FINRA Releases Information Notice on Cybersecurity Authentication Methods

On October 15, the Financial Industry Regulatory Authority (FINRA) released an information notice (Notice) providing additional background on authentication techniques for firms to consider as they implement cybersecurity authentication programs. The Notice provides an overview of authentication factors that may be based on various categories of information, including PINs or passwords, “hard” physical tokens (such… Continue Reading…
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FINRA Releases Regulatory Notice on Revised NAC Sanction Guidelines

On October 20, the National Adjudicatory Council (NAC) of the Financial Industry Regulatory Authority (FINRA) revised the Principal Considerations in Determining Sanctions section of the FINRA Sanction Guidelines to expressly contemplate a customer’s age or physical or mental impairment. In connection therewith, FINRA released Regulatory Notice 20-37. The prior version of the FINRA’s Sanction Guidelines… Continue Reading…
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CFTC Staff Issues Advisory on Virtual Currency for Futures Commission Merchants

On October 21, the Division of Swap Dealer and Intermediary Oversight (DSIO) of the Commodity Futures Trading Commission issued an advisory to futures commission merchants (FCMs) regarding the holding of virtual currency in segregated accounts. The advisory, Letter No. 20-34, provides guidance to FCMs on how to hold and report certain deposited virtual currency from… Continue Reading…
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CFTC and Bank of England Sign Updated MOU for Supervision of Cross-Border Clearing Organizations

On October 20, the Commodity Futures Trading Commission and the Bank of England (BoE) announced that they had signed an updated Memorandum of Understanding (MOU) regarding the cooperation and exchange of information to preserve the benefits of cross-border clearing activity. The MOU emphasizes the importance of supervision of central counterparties (CCPs) and clarifies that the… Continue Reading…
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The EIFD Administration

European Institute of Financial Directors

Simon Grima

The President

European Institute of Financial Directors

Oleg Pavlov

CEO

European Institute of Financial Directors

Olga Popova

Office Manager