836 results found

The Central Bank of Cyprus ("CBC") issued a circular (Ref. BS 6020) on 02/11/2018, with the purpose of clarifying and further explaining the vague information and definitions ...

In order to be able to provide foreign exchange operations in Cyprus, the interested company must apply to the Cyprus Securities and Exchange Commission to obtain the necessary license by fulfilling a certain number of requirements.

The 2025 Cyprus Corporate Lending Survey was conducted between November and December 2024 and was compiled from the views of all major financial institutions operating in Cyprus...

The Cyprus Securities and Exchange Commission (CySEC) has announced its 2025 supervisory activity and priorities for 2026, highlighting enhanced market oversight, stricter enforcement and accelerated digital transformation, in the context of Cyprus' assumption of the Presidency of the Council of the European Union.

ALTERNATIVE INVESTMENT FUND MANAGERS DIRECTIVE 2011/61/EU (THE "AIFMD").

On 11 February 2021 the Cyprus Parliament voted to amend certain provisions relating to the Central Agency for Equal Distribution of Burdens (Creation, Objects, Responsibilities, and Other...

Cyprus's new law on alternative investment funds, Law 124(I)/2018 has now entered into effect following its publication in the official gazette. The new law repeals and replaces Law 131(I)/2014.

Business relationships with such companies are to be avoided.

Costas Stamatiou was one of a distinguished roster of speakers at the ICC International Financial Crime Forum held in Malta on 5 and 6 June 2013.

In March 2013, as a result of the measures imposed as a condition for international financial support, depositors in Cyprus's two largest banks who held credit balances in excess of €100,000 lost a substantial proportion of the excess above €100,000.

The Cyprus Securities and Exchange Commission (CySEC) introduced a Policy Statement CP-02-2020 which is a transformative regulatory framework aimed at modernizing customer onboarding in the financial services factor.

Keeping a close eye on proceedings since capital controls were introduced to the island in 2013, our Cyprus expert brings the happy news of a recovery in full swing.

On 31 January 2025, the Cyprus Securities and Exchange Commission (CySEC) launched a consultation on proposed annual information...

In July 2024, the European Central Bank (ECB) released its draft guide on governance and risk culture (the Guide).

Fundraising plays a vital role in supporting civil society and charitable activity in the Republic of Cyprus. To safeguard public trust and ensure transparency, the legal framework, primarily the Fundraising Law of 2014...

On 10 January 2020, the European Central Bank (ECB) received a request from the Governor of the Central Bank of Cyprus (CBC) for an opinion on a draft CBC directive

Addressing the issue of Too-Big-to-Fail (TBTF) banks has been the overriding aim of financial services policy since the crisis, reflected in the host of regulatory initiatives that lawmakers...