Here’s what you need to know about Crypto-licensing and Crypto-regulations
GC42_FiveComply
ESMA’s Strategy for 2023 – 2028
On 10 October 2022, the European Securities and Markets Authority (ESMA) has officially announced and published its strategic priorities for the next 5 years (2023-2028). The Strategy takes into account the key priorities of the European Union (EU) in the area of financial...
FSA Seychelles issued its final Business Continuity Plan Guidelines
On 1st of September 2022, the Financial Services Authority (FSA) of Seychelles has issued its final Business Continuity Plan (‘BCP’) guidelines aiming to provide guidance to the regulated entities and licensees in creating and submitting their BCP to the FSA, as and when...
National Risk Assessment Report on Virtual Assets and Virtual Assets Service Providers is endorsed by Seychelles Cabinet of Ministers
The Seychelles Cabinet of Ministers has endorsed the National Risk Assessment (NRA) Report on Virtual Assets (VA) and Virtual Assets Service Providers (VASPs) during a scheduled cabinet meeting on August 24th, 2022, permitting the National Anti-Money Laundering and Countering...
Updates on the National Risk Assessment Report on Virtual Assets and Virtual Assets Service Providers in Seychelles
The Financial Services Authority (FSA) of Seychelles advised on the 16th of August, 2022 that the National Risk Assessment (NRA) Report pertaining to the NRA on Virtual Assets (VA) and Virtual Assets Service Providers (VASPs), which was conducted by Mr. Danny Sanhye of BDS...
Additional CySEC supervisory actions for CIFs
CySEC announced on the 21st of July 2022, additional supervisory actions focusing on regulatory compliance and investor protection. More specifically, has warned Cyprus Investments Firms (CIFs) trading in contracts for difference (CFDs) that they must take immediate action to...
New CIF Prudential Supervision Forms 165-03 & 165-04
The Cyprus Securities and Exchange Commission through the issuance of Circular C518, has informed all CIF regulated entities of the new Prudential Supervision Forms: Prudential Form 165-03 ‘Prudential Supervision Information’ The Prudential Form 165-03 updates and replaces...