We are pleased to announce that we have contributed to the Country Update – Cyprus: Securities and Banking chapter on Regulatory Intelligence by Thomson Reuters.
Cyprus is strengthening its position as a transparent and well-regulated financial hub, closely aligning with EU standards across banking, securities, insurance, and digital assets. Recent developments reflect a shift from light-touch supervision to robust regulatory oversight, with the Central Bank of Cyprus (CBC), CySEC, ICCS, and MOKAS enhancing enforcement, anti-money laundering compliance, and investor protection. Key initiatives include stricter licensing and capital requirements, enhanced transaction monitoring, and the implementation of EU directives such as MiFID II and MiCAR, supporting both traditional financial institutions and the growing fintech and digital asset sectors. These reforms highlight Cyprus’s commitment to building a resilient, compliant, and innovative financial ecosystem, fostering trust and confidence among investors and international stakeholders.
To read the Cyprus chapter, please.
For more information, please reach out our Banking & Finance dept.
