Results of the Cyprus Securities and Exchange Commission’s annual compliance review for 2016
The Cyprus Securities and Exchange Commission (‘CySEC’) has announced the results of its latest annual assessment of regulated entities’ compliance with their anti-money laundering obligations under the Prevention and Suppression of Money Laundering and Terrorist Financing Law and CySEC Directive DI144-2007-08. For the purposes of the assessment regulated entities are required to submit compliance officers’ […]
Entry into force of new safety requirements for coastal passenger vessels
Article 47A of the Merchant Shipping (Issue and Recognition of Certificates and Marine Training) Laws of 2008 and 2017, which took effect on 1 January 2008, provides that members of the crew complement on board coastal passenger vessels who have safety duties related to passengers must meet the mandatory minimum requirements for familiarization and basic […]
