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 Capital Requirements Regulation (CRR). In particular, this initiative has been undertaken according to Article 18(9) of Regulation (EU) No 575/2013 (CRR), which mandates the EBA to […]
ESMA publishes guidelines on periodic information for trade repositories
The European Securities and Markets Authority, the EU’s securities markets regulator, has published its Final report and Guidelines on the reporting of periodic information and material changes by Trade Repositories (TRs) supervised under EMIR (Regulation 648/2012) and SFTR (Regulation 2015/2365). The aim of the Guidelines is to increase the transparency of TRs supervised by ESMA. […]
Cyprus: Keeping Up with the Cyprus Private Client Sector
Elias Neocleous & Co LLC. is pleased to announce that it is organizing a webinar on matters of interest to the Private Client Sector in Cyprus. Elias Neocleous, Managing Partner, Elina Kollatou and Elena Christodoulou, associates at Elias Neocleous & Co LLC, together with Spyros Ioannou, Tax Partner (Head) of Primus Audit & Tax Limited, […]
ESMA proposes rules for Taxonomy-alignment of non-financial undertakings and asset managers
On 1 March, the European Securities and Markets Authority (ESMA), published its Final Report on advice under Article 8 of the Taxonomy Regulation. Article 8 covers the information to be provided by non-financial undertakings and asset managers to comply with their disclosure obligations under the Non-Financial Reporting Directive (NFRD). The recommendations outline the Key Performance […]
Global Sanctions Guide
Elias Neocleous & Co LLC is proud to have provided the Cyprus content for the third edition of “Global Sanctions Guide” (the Guide) by Eversheds Sutherland. The Guide is the result of a comprehensive research project on sanctions frameworks. The project brought together leading experts from around the world who reported on the characteristics and […]
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 & […]
CySEC Announces Cyprus Temporary Permissions Regime for UK Investment Firms post-BREXIT
On 22 December 2020, the Cyprus Securities and Exchange Commission (“CySEC”) announced the introduction of a Temporary Permissions Regime (the “Cyprus TPR”) which applies to UK-authorized investment firms (but not UK-authorized credit institutions as regards MiFID II regulated services and activities) in order to facilitate smooth post-Brexit transition for Cyprus Investment Firms (“CIFs”) having arrangements […]
Cyprus introduces new law on sub threshold AIFMs
Author: Dimitris Papoutsis, Sidiropoulos Ioannis Firm: Elias Neocleous & Co LLC Publisher: IFLR Link
CYSEC issues first ever cryptocurrency regulations
Cyprus Mail recently published an article addressing the latest developments concerning the first cryptocurrency regulations issued by the Cyprus Securities and Exchange Commission and included comments and views from our very own Dimitris Papoutsis, legal consultant on this very interesting and developing area. You can find the article in this link. If you need more […]
Taxation of Crypto Assets
Elias Neocleous & Co LLC is proud to have contributed the Cyprus content to a comprehensive and pioneering research project on the taxation of crypto assets. The project brought together leading tax experts from around the world to examine the characteristics of crypto assets as well as the key tax concepts and types of taxes […]
