63 results found

Under Basel III (international regulatory framework for banks), the minimum capital adequacy ratio which banks are required to maintain stands at 8%. (The capital adequacy ratio...

In June 2021, following a recent implementation and enactment of the 5th AML Directive into national legislation, the Cyprus Securities and Exchange Commission has introduced, via the issuance of Directive 269/2021, ...

CySEC has published circular C417, which is addressed to Cyprus Investment Firms, and contains guidance on investment in crypto-assets.

The regulation of trustee and company service providers has long been a topic for debate in Cyprus.

A new classification system will be introduced based on the activities, systemic importance, size and interconnectedness of the investment firms.

Wealthy individuals in Islam have often been shying away from investing in gold and other precious metals in order to safeguard their investment portfolio against risks (and not for the purpose of speculation), ...

Cyprus is fast becoming an international fund hub and a well-respected player in both the European and international fund industries.

The Cyprus Securities and Exchange Commission (CySEC) launched its Temporary Permission Register listing all the UK firms which have been granted a Temporary Permission to provide investment...

An investment fund that is registered in Cyprus is a vehicle that allows investors to raise capital through various financial instruments.

One of the key players in the Alternative Investment Fund's industry sector is the depositary. A depositary is in essence the entity responsible for the safekeeping, cash monitoring and oversight...

International Collective Investment Schemes Law 47(I) of 1999 as amended ("the Law") makes provisions regarding the setting up of an International Collective Investment Scheme (ICIS).

The Markets in Crypto Assets Regulation (MiCA) was approved by all EU member states last May and it is expected to be in full effect by the end of 2024...

Cyprus has long established itself as a fast-growing dynamic investment hub, offering direct access to highgrowth markets.

We are pleased to present our regulatory Insights April 2024 edition, which outlines the latest updates on regulatory developments in Cyprus and Europe.

Cyprus chapter of International Banking Law and Regulation.

According to the Wall Street Journal, "Cyprus offers a strategic location, favorable tax environment, educated work force, excellent telecommunications, modern banking and legal infrastructure which make the country the perfect business bridge for the European Union and the Middle East"

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").