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In 2018 the European Council issued the Directive 2018/843 – the 5th AML Directive– pursuant to which, EU Member States are required to establish a register of beneficial owners and ...

Curious about how we can protect our financial system from illicit activities?

It is expected that CySEC will publish relevant directives in due course with the relevant requirements and information on the Register.

In a recent article, we explored the European Union's extensive Anti-Money Laundering (AML) framework, which is designed to harmonize regulations across Member States and strengthen the fight against money laundering and terrorist financing.

On 09/02/2026 the Cyprus Securities and Exchange Commission ("CySEC") issued Circular C754, introducing a new regulatory reporting requirement for Cyprus Investment Firms...

Operating an adult entertainment business in Cyprus may be legal, but securing banking and payment services presents significant operational hurdles. Financial institutions apply heightened scrutiny to these businesses despite full legal compliance, creating challenges that require strategic planning and transparent risk management to overcome.

On the 25th of June 2021, the Cyprus Securities and Exchange Commission ("CySEC") published the Directive on the Register of Cryptoasset Service Providers ("the Directive").

In order to be able to follow or rather trace, there must be a property or an asset.

As per the provisions of the Directive, each company / legal entity, MUST declare its ultimate beneficial owners, physical persons, holding more than 25% of beneficial interest in the company

In an era of growing globalisation, regulation remains a pivotal force shaping the strategic priorities of financial services firms.

The Cyprus House of Representatives on 18.02.2021 has enacted the long-awaited amending law to the Prevention and Suppression of Money laundering...

The relevant regulatory bodies established in Cyprus for the licensing, supervision and control of legal entities carrying on banking, investment and ancillary services and insurance business are the Central Bank of Cyprus, ...

The specific provisions for the creation and operation of the Trusts register will be determined in relevant Regulations which are being drafted.

All regulated entities that were authorized and operated before the 31 October 2015 (inclusive) are required to complete a questionnaire within the frames of the National Risk Assessment of AML and counter terrorist financing measures.

CySEC has issued a new Administrative Regulatory Act with regards to the enactment of the Express Trusts or other similar legal arrangements BOs.

Cryptocurrency regulations are on the rise all over the world recently.

The Anjouan crypto licence provides a structured licensing framework for digital asset businesses seeking cost-efficient market entry with clear regulatory guidelines.