Article of our partner Chrysanthos Christoforou in the International Financial Law Review
Our partner, Chrysanthos Christoforou has recently published an article in the International Financial Law Review (IFLR). The author mentions that Cyprus is a long-established international business center which guarantees safety, stability and prosperity for foreign investors for a number of reasons, including the island’s advanced commercial infrastructure and its stable economy. Among the business it […]
CySEC issues directive in relation the register of the Crypto-Asset Service Providers
In the context of the implementation of pan-EU requirements including crypto-asset service providers (CASPs) under the Fifth Anti-Money Laundering Directive (5AMLD), Cyprus recently updated its definition of obliged entities under the Prevention and Suppression of Money Laundering Law 2007 (AML Law) to bring CASPs into its scope. Moreover, Cyprus authorities have also decided that Cyprus […]
‘Encouragement of Long-Term Shareholder Engagement Law’ now in effect in Cyprus.
The ‘Encouragement of long-term shareholder engagement law’ (‘the Law’), which transposes Directive (EU) 2017/828 of the European Parliament and the Council of 17 May 2017 (‘the Shareholders’ Directive), was published in the Official Gazette of the Republic 12 May 2021. It takes effect from that date. Background The Shareholder’s Directive was the response of the […]
CySEC Issues Q&A on Brexit Related Matters
The Cyprus Securities and Exchange Commission (“CySEC”) announced today the launching of a dedicated section on its website to serve as a Brexit Information Hub. Practically evidencing its commitment to always finding new ways to improve the financial markets, CySEC has prepared a comprehensive set of guidance on Brexit in the form of Questions & […]
