AMAF PROGRAMS

Association Monégasque des Activités Financières Programs

At IUM, we are committed to being the trusted educational partner for both ambitious individuals and organizations, globally and within Monaco. That is why we are responding to the demand from Financial Institutions to provide certifications in Banking, Financial and ESG, as well as the Confidentiality certification.

MANDATORY CERTIFICATIONS FOR MONACO FINANCIAL INSTITUTIONS

Banking, Financial, and ESG Professional Certification

To strengthen the skill level of employees of the Monegasque financial institutions, and reputation of excellence of the Financial Center, the Monaco Government has established the ‘Banking, Financial, and ESG Professional Certification’, at the initiative of the  Association Monégasque des Activités Financières (AMAF). This is a mandatory program, implemented since May 2, 2014, delivered by IUM in collaboration with IntellEval. Individuals affected by this certification include managers, sales representatives, financial analysts, and market operators working in banks and asset management companies. 

Two sessions are held each year, from September to December and from January to April. English-language courses are also offered once a year if a minimum of 15 participants is reached. The training consists of 44 hours of classes spread over 11 half-days and covers two modules: the first focusing on technical aspects, and the second module addressing Monaco’s regulatory specifics, ethics and ESG (Environment, Social, and Governance) aspects.

Confidentiality Certification

The Confidentiality Certification, established in compliance with Ministerial Order No. 2018-367 of April 30, 2018, is a collaborative effort between IUM and AMAF. It offers continuous, updated sessions to educate and train personnel in credit institutions and management companies.

Key Focus Areas:

1) Professional Secrecy: Defined by Article L.511-33 of the Monetary and Financial Code for banking professionals, and Article 33 of Law No. 1.338 for investment service providers.

2) Confidentiality: This principle ensures that information under secrecy is only shared with qualified individuals.

3) Discretion: Demands discernment and prudence in all situations, especially in confidential exchanges.

Target Audience & Practical Details:

* Mandatory for all staff in credit institutions and management companies accredited by AMAF.

* Registration is possible through a dedicated platform accessible to each institution.

* Certification is valid for three years and must be renewed thereafter.

CONTACT

federica conte

Operations & Digital Learning

fconte@ium.monaco.edu       +377 97 986 525

Giulia Mercanti

Admissions

gmercanti@ium.monaco.edu        +377 97 986 520