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ARTICLE · 17 OCTOBER 2023

Financial Services And Regulatory Updates September 2023

RSM Cyprus
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We researched and summarised for you, all recent regulatory updates from Cyprus and Europe, which are applicable for Regulated Companies operating in the Region.

European UnionFinance and Banking
RSM Cyprus
RSM Cyprus
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We researched and summarised for you, all recent regulatory updates from Cyprus and Europe, which are applicable for Regulated Companies operating in the Region.

We support our clients and associates by providing a comprehensive page with the recent circulars, directives, and guidance issued by the following Regulators:

Cyprus Securities and Exchange Commission ("CySEC")

11/09/2023 - Russian Federation Federal Laws No. 319-FZ and No. 519-FZ regarding the transfer of Russian securities to Russia ('Forced Transfers').

CySEC has issued a circular regarding "Forced Transfers." This circular informs Regulated Entities about recent changes related to Russian securities. On July 14, 2022, a new Russian Federation Federal Law No. 319-FZ (Law 319-FZ) was issued, amending Federal Law No. 114-FZ of April 16, 2022. The new Law allows the owners of Russian issuers' securities, or those for whom these securities are held, to transfer their rights in such securities from

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