A report by the FATF revealed significant gaps in the compliance with AML & CTF measures by gatekeepers such as lawyers & accountants.

Findings of the assessment of Compliance Officers’ Annual Reports and Internal Audit Reports on the prevention of ML/TF for the year 2022.

Have Cyprus' recent efforts enabled it to shed its reputation as a money laundering hub and be considered as a reputable jurisdiction?

New reporting obligations relating to transfers of funds out of the EU by EU entities with a certain level Russian ownership...

To commence the 2023 IFX Expo 2023, the Cyprus Securities and Exchange Commission Chairman, Dr George Theocharides, gave an opening

EBA Consultation Paper - Money Laundering, Terrorist Financing & Crypto-Asset Service Providers

In May 2023, FATF held its annual Private Sector Consultative Forum in Vienna, hosted by the United Nations Office on Drugs & Crime

The European Bank Authority (‘EBA’) encourages authorities to engage more actively with institutions regarding de-risking.

Findings of Compliance Officers’ Annual & Internal Audit Reports on the prevention of money laundering & terrorist financing assessments.

CySEC has announced the launch of the CyTBOR Platform to provide full transparency and compliance for all supervised entities.

CySEC Chairman announced during a press conference on 1 Feb 2022 it is enhancing its supervisor capabilities through the implementation...

National Risk Assessment on Money Laundering and Terrorist Financing Risks with respect to Virtual Asset and Virtual Asset Service Providers

Read about the key topics in CySEC's new directive regarding the registration and operating conditions for crypto-asset service providers.

Updates regarding the new prudential framework for Investment Firms(IFD/IFR) & CySEC’s Data collection

CySEC published Circular CIF C441 - good practices implemented and common deficiencies and/or omissions.

The European Banking Authority (EBA) published its Opinion on risks of money laundering and terrorist financing (ML/TF) affecting the Europe

The establishment of a Central Registry of Ultimate Beneficial Owners and other Legal Entities has been transposed into National Law.