On 14 July 2026, the Cyprus Securities and Exchange Commission (“CySEC”) announced the publication of a Practical Guide to facilitate the application of Circular C608 and the Protection of Persons who Report Breaches of Union and National Law of 2022 (Law...
The Financial Services Authority of Seychelles has issued the Code of Corporate Governance, introducing enhanced governance expectations for regulated entities. Among the key developments is the increased emphasis on establishing and maintaining an effective Internal Audit...
Artificial Intelligence (“AI”) is no longer a concept associated solely with innovation and operational efficiency. It has become one of the defining technologies shaping the future of cybersecurity, offering financial institutions significant opportunities to...
Receiving Your Licence Is Only the Beginning For many firms, obtaining a forex licence feels like crossing the finish line. In reality, it marks the beginning of a far more challenging phase. Regulators assess applicants based on their proposed business model. Once the licence...
In an increasingly regulated global financial environment, choosing the right licensing jurisdiction is no longer simply a compliance exercise, it is a strategic business decision that can directly influence a firm’s ability to scale, attract clients, establish banking...
The Financial Services Authority (FSA) of Seychelles has published its long-awaited Guidance Note on Paid-Up Capital Requirements for Virtual Asset Service Providers (VASPs), providing important clarification on how the paid-up capital provisions under the Virtual Asset...
Early in my career as a regulator, I often wondered why firms struggled to implement what appeared to be straightforward regulatory requirements. From my perspective at the time, the purpose of the rules seemed clear, and the expectations appeared reasonable. Years later,...