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ESMA has published an enhanced Q&A in relation to the implementation of investor protection topics under the MiFID II and MiFIR.

With the enactment of the Alternative Investment Funds (AIF) Law, Cyprus is able to offer the full spectrum of legislative framework to all fund products, both UCITS and non-UCITS.

Following two years in administration, on Saturday, 9 April 2016, the Central Bank of Cyprus (CBC), activated for the first time since its introduction, the Deposit Guarantee Scheme (DGS) compensation for FBME deposit holders.

Cyprus is set to revolutionize money transfers through a new instant payments initiative that will allow customers to send funds using only mobile phone numbers, eliminating the need for IBAN details in everyday transactions. The system, a collaboration between JCC payment, the Association of Cyprus banks, and Greek company Interbank Systems (DIAS), aims to launch in 2027 but faces important questions around transaction limits, security measures, and fraud prevention.

All Legal Entities who are involved in financial transactions or operate within today's financial system, must have registered a LEI code.

As a collection of emerging markets with strong growth potential, the Balkan countries have firmly positioned themselves on the map of attractive investment locations.

RAIFs operate under the supervision of CySec through the appointment of a regulated external fund manager and represent an investment vehicle which offers more flexibility, reduce costs, within the robust regulatory framework of CySec.

On the 2nd of November 2018, the Central Bank of Cyprus (the "CBC") issued a circular with the purpose of clarifying the definition of "Shell Companies" and how the service providers and banks should classify them.

Reduction of non-performing debt, which remains at a stubbornly high level, is viewed by most people as essential for the long-term health of the banking system in Cyprus.

The Cyprus Stock Exchange ("CSE") operates within the defined European framework and is under full supervision by the Cypriot authorities. In addition to the Regulated Market, the CSE also operates

Bond issues are a primary category of transactions within capital markets, and represent a specific type of capital market instrument.

The European Accessibility Act (EAA) introduced a harmonised framework across the EU to enhance access to key products and services for persons with disabilities.

It's no secret, Lebanon has faced economic and political turmoil in recent times. The currency has depreciated to unprecedented levels and the future of the country has never been more uncertain.

Entrepreneurs and businessmen may hesitate between the EMI and the PI licence, unsure which one corresponds better to the scope of the business they intend to establish.

Inter-creditor agreements (ICAs) are crucial in organising cross-border finance transactions involving various lenders or creditor classes funding a single borrower.

Supreme Court of Cyprus: Personal guarantees remain binding, even in cases of alleged psychological pressure...

Cyprus is an ideal place for direct investments, because of inter alia, its strategic position, its excellent infrastructure, its favourable tax regime, its well trained labour, as well as the existence of a wide network of tax treaties, with almost all major countries.