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  • Article

    Malta Memorandum Of Understanding On Banking Supervision

    In line with its policy of developing bilateral ties in the domain of supervision of credit institutions the Central Bank of Cyprus has signed a Memorandum of Understanding with the Malta Financial Services Authority, the body responsible for licensing and supervision of credit institutions operating in Malta.
    CyprusFinance and Banking
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Relaxation Of Minimum Liquidity Reserve Requirement In Foreign Currencies

    The Central Bank of Cyprus has relaxed the minimum liquidity reserve requirement in foreign currencies for commercial banks operating in Cyprus.
    CyprusFinance and Banking
    Elias Neocleous & Co LLC
Elias Neocleous & Co LLC
  • Article

    Change In Capital Adequacy Calculations For Cyprus Investment Firms

    The Cyprus Securities and Exchange Commission has informed Cyprus Investment Firms that it regulates of a change in the treatment of contributions to the ICF for the purposes of calculating capital adequacy.
    CyprusWealth Management
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Central Bank Of Cyprus Countercyclical Capital Buffer For The Second Quarter Of 2018

    The countercyclical capital buffer (CCB) was introduced as part of the Basel III regime to help counter pro-cyclicality in the financial system.
    CyprusWealth Management
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Consultation On Proposed New Prudential Framework For Investment Firms

    The Cyprus Securities and Exchange Commission ("CySEC") has issued a notification to entities it regulates and to participants in the market in general of the consultation process ...
    CyprusWealth Management
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Cyprus Securities And Exchange Commission Review Of The Potential Impact On Cyprus Investment Firms Of Recent Developments Regarding The Swiss Franc

    The Cyprus Securities and Exchange Commission (CySEC) has announced the outcome of its review of the potential impact on Cyprus Investment Firms (CIFs) of the Swiss authorities’ recent decision to allow the Swiss franc to float freely.
    CyprusWealth Management
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    The EBA Proposes To Further Harmonise EU Law Applicable To Branches Of Third Country Credit Institutions

    The European Banking Authority (EBA) has published a report on the treatment of incoming third country branches (TCB) under the national law of Member States (the ‘Report').
    European UnionFinance and Banking
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Central Bank Of Cyprus Countercyclical Capital Buffer For The First Quarter Of 2019

    The countercyclical capital buffer (CCB) was introduced as part of the Basel III regime to help counter cyclicality in the financial system.
    European UnionFinance and Banking
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    EBA Published Final Draft Technical Standards Specifying The Methods Of Prudential Consolidation

    The European Banking Authority (EBA) recently published its final draft Regulatory Technical Standards (RTS) specifying the conditions according to which consolidation shall be carried out in line with the...
    European UnionFinance and Banking
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Central Bank Of Cyprus Countercyclical Capital Buffer For The Third Quarter Of 2018

    The countercyclical capital buffer (CCB) was introduced as part of the Basel III regime to help counter cyclicality in the financial system.
    CyprusFinance and Banking
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Amendments To Financial Sector Laws

    At the end of January 2015 a number of detailed amendments were made to Cyprus laws regulating the financial and investment sector in order to align them with EU legislation.
    CyprusWealth Management
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Types Of Activity - 1. Commercial And Merchant Banking

    CyprusWealth Management
    Central Bank Of Cyprus
    Central Bank Of Cyprus
  • Article

    Greek Bankruptcy Good For Euro

    Over the past month the Greek debt crisis has been putting quite some pressure on the rate of the Euro.
    European UnionInsolvency/Bankruptcy/Re-Structuring
    Freemont Group
    Freemont Group
  • Article

    CySEC Circular C489 To Regulated Entities On EU Council's Restrictive Measures

    Cyprus Securities and Exchange Commission ("CySEC") has recently issued circular C489 (the "Circular"), addressed to Regulated Entities, namely, CIFs, ASPs, UCITS Management Companies...
    CyprusFinance and Banking
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    CySEC - Contribution Of CIFs To The Single Resolution Fund And National Resolution Fund

    On the 23th of November 2015, the Cyprus Securities and Exchange Commission issued a circularon the Contribution of Cyprus Investment Firms to the Single Resolution Fund and the National Resolution Fund.
    CyprusFinance and Banking
    AGPLAW | A.G. Paphitis & Co. LLC
    AGPLAW | A.G. Paphitis & Co. LLC
  • Article

    Financial And Investment Law Changes

    At the end of January 2015 a number of detailed amendments were made to Cyprus laws regulating the financial and investment sector to align them with EU legislation.
    CyprusWealth Management
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Tax Facts & Figures 2023 - Capital Duty

    There is no capital duty payable if the shares are issued at their nominal value. There is a €20 flat duty if the shares are issued at a premium...
    CyprusCorporate/Commercial Law
    PwC Cyprus
    PwC Cyprus
  • Article

    IFRS 16 - Leases And The Impact On Credit Institutions

    IFRS 16 is expected to have an impact on both the numerator and the denominator of the TCR.
    CyprusFinance and Banking
    Deloitte Cyprus
    Deloitte Cyprus
  • Article

    CySEC Issues Circular In Relation To Prudential Treatment Of Crypto Assets And Enhancement Of Risk Management Procedures Associated With Crypto Assets

    CySEC has issued a Circular on 3 August, providing some clarity on the matters of the prudential treatment of crypto assets and enhancement of risk management procedures associated with them, focusing on Cyprus Investment Firms.
    CyprusTechnology
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Introduction Of New Rules Governing Derivatives On Virtual Currencies – Cryptocurrencies

    The Cyprus Securities and Exchange Commission (CySEC) issued for the first time regulations regarding cryptocurrency, which can be found in Circular C417, ...
    CyprusTechnology
    G. Vrikis & Associates LLC
    G. Vrikis & Associates LLC
  • Showing 1–20 of 63 results

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