On 28th February 2025, the Financial Services Authority (FSA) Seychelles released Circular No. 3 of 2025, delivering important updates for Securities Dealers offering Contracts for Differences (CFDs) with Cryptocurrencies as underlying assets. With the world of digital finance...
The Financial Services Authority (FSA) of Seychelles has issued Circular No. 1 of 2025, to notify licensees that the Securities (Amendment) Act, 2024, which was assented on December 13, 2024, along with the following regulations enacted by the Minister of Finance on December...
The Consolidated Directive for the Prevention and Suppression of Money Laundering and Terrorist Financing for Crypto Asset Service Providers (CASPs) integrates key provisions from R.A.D. 269/2021, R.A.D. 384/2021, and R.A.D. 343/2023. It establishes a robust framework to...
On December 13, 2024, the Cyprus Securities and Exchange Commission (CySEC) released the Policy Statement (PS-03-2024) on the fees payable and information required for entities falling under the scope of the Markets in Crypto-Assets Regulation (MiCAR). This publication follows...
As the financial industry continues to evolve, staying compliant with regulations is more critical than ever. At FiveComply, we specialize in providing comprehensive compliance support tailored to your business needs. On the 6th of August 2024, the Cyprus Securities and...
In a significant step to combat financial crime, the European Union has introduced a comprehensive set of regulations designed to enhance its anti-money laundering (AML) and counter-terrorism financing (CFT) efforts. Published on June 19, 2024, this reform package marks a...
In a recent announcement, the Cyprus Securities and Exchange Commission (CySEC) shared its focus areas for 2024, aiming to guide and support regulated entities through evolving regulatory landscapes. As trusted advisors, FiveComply seeks to unpack these priorities for our...