The Cyprus Securities and Exchange Commission (CySEC) has issued a circular requiring that entities under its supervision investigate any connections they may have with the so-called Panama Papers leak.

On 22 July 2013 the new EU regime on licensing and supervision of Alternative Investment Funds took effect, as Delegated Regulation supplementing the Directive on Alternative Investment Fund Managers entered into force.

Financial institutions need to act now in order to understand the scale of the compliance challenge they face and to have the best chance of an orderly and cost effective implementation of the required process and procedures.

Following their second scheduled review, carried out during late October and early November, Cyprus's international lenders have announced their satisfaction with the progress made in implementing the agreed rehabilitation measures.

Global bank structures are changing, and regulators want continuous assurance that banks are well run.

Cyprus has now enacted all the new laws requited to align its legislative framework with the EU Bank Recovery and Resolution Directive 2014/59/EU and the Deposit Guarantee Schemes Directive 2014/49/EU.

The Cyprus Securities and Exchange Commission have recently issued a circular addressed to Cyprus investment firms to draw their attention to the obligations attached to their freedom to provide services in other EU member states.

The Ministry of Finance and the Central Bank of Cyprus have jointly announced that the recapitalisation of Bank of Cyprus is now complete.

Numerous sectors performing economic activity in Cyprus are now legally obliged to introduce card payment.

On 5 and 6 September the Cyprus parliament passed 14 new laws forming part of a package of measures required by the providers of international financial support to the Cyprus government.

For each Undertaking of Collective Investment, the amount of total assets under management which is invested in Cyprus, the total net asset value and the amount of total assets.

We would like to inform you that the Cyprus Securities and Exchange Commission ("CySEC") has published an announcement reiterating the legal and regulatory framework applicable to RAIFs.

RSM Cyprus was the official Platinum Sponsor of the 8th International Funds Summit & Expo,..

We are delighted to announce that we have strengthened our presence in Western Europe with the acquisition of Jurispectrum, a niche business law firm which operates in Belgium and Luxembourg.

In a recent case in which the writer was involved the country's administrative court confirmed the right of the citizens to apply to the authorities...

In due course a number of appeals will be heard before the Grand Chamber of the European Court of Justice which have been filed by the depositors of the Bank of Cyprus against the European Commission...

It's been almost 18 months since the Brexit referendum and yet we are still none the wiser about the long-term political and economic effects of the vote.

On 15 April 2020 Moody's Investors Service announced that it was downgrading the outlook for the Cyprus banking system from ‘positive' to ‘stable' as a result of the probable impact of the...

In the context of Cypriot contract law, particularly under Cap. 149, bonds in customary form serve as valuable tools for facilitating financial transactions...