Following the Directive (EU) 2021/338 of 16 February 2021 temporarily suspending the RTS 27 reporting requirements, CySEC has officially proceeded with the suspension of RTS27. The Official Gazette of the Republic of Cyprus dated 21st of February 2022, has published the...
Our CEO Gabriel Styllas provides his expertise on global licensing, compliance and operations in his interview in the recent edition of GameChangersMagazine below: window.FB3D_CLIENT_DATA = window.FB3D_CLIENT_DATA ||...
On 21st of February 2022, the European Commission has published in its official journal (‘OJ’) the revised list of High-Risk Third Countries. The Commission Delegated Regulation (EU) 2022/229 (‘the Delegated Regulation’), amends Delegated Regulation (EU) 2016/1675 on the list...
The Cyprus Securities and Exchange Commission (CySEC) has issued Circular C487 (‘the Circular’) informing Cyprus Investment Firms (‘CIFs’) on the revised threshold criteria that determine a ‘significant CIF’ for the purposes of the Investment Services and Activities and...
The Financial Intelligence Unit (FIU) of Seychelles has issued Guidelines for Suspicious Transaction Reporting (STR) in an effort to provide practical assistance and comprehensive approach to reporting entities by enabling them to recognise suspicious transactions and meet...
On 24 September 2020, the European Commission published its proposal on the Regulation on Markets in Crypto Assets (‘MiCA Regulation’), which shall form part of a wider set of publications on Europe’s Digital Finance Strategy. On 24 November 2021, the European Council...
The Cyprus Securities and Exchange Commission (CySEC) has issued Circular C483 on January 18th, 2022, to remind Cyprus Investment Firms (CIFs) of the European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) revised joint Guidelines on the...