FAI blog | Cyprus | FAI Comply

Jan 26, 2021
1 min

ESMA publishes cloud outsourcing guidelines

The European Securities and Markets Authority (herein after “ESMA”) has announced the final report on Guidelines concerning outsourcing to c

Jan 26, 2021
2 min

UK temporary permissions regime – Information for your firm (FSMA-R)

In this blog we would like to notify you about the new publication of the Financial Conduct Authority (the "FCA") as far as the UK's Tempora

Jan 4, 2021
4 min

CySEC's supervisory findings: Dear CEO letter

On 29 December 2020 CySEC's latest Dear CEO Letter went to CIFs, which disclosed deficiencies found during reviews and onsite inspections.

Dec 29, 2020
2 min

UBO Register Cyprus

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

Dec 23, 2020
2 min

Launching a Temporary Permission Regime

POLICY STATEMENTS: PS-02-2020: Policy Statement on Launching a Temporary Permission Regime

Dec 16, 2020
2 min

Cryptos: FCA imposes ban on selling crypto-derivatives to retail consumers

The British regulator, FCA, considers the crypto-derivatives to be ill-fitted for retail customers due to the harm they pose.

Dec 11, 2020
2 min

Prudential treatment of crypto assets and enhancement of associated risk management procedures

Read our explanation of the treatment that should be used by CIFs, according to CySEC's recommendations, when dealing with crypto assets.

Dec 2, 2020
1 min

Monthly Reporting Obligations - December 2020

December 2020 Monthly Reporting Obligations of Cyprus Investment Firms (“CIF”s) as per the relevant provisions of the Law 87(I)/2017.

Nov 30, 2020
7 min

Safeguarding of client funds held by CIFs

Following the publication of Circular C418, the Cyprus Securities and Exchange Commission (‘the CySEC’) would like to inform the Cyprus Inve

Nov 25, 2020
2 min

Insights from the Chairwoman of CySEC at ACIFF’s Annual General Meeting

Read highlights of the speech by Mrs Demetra Kalogerou, Chairwoman of CySEC, at ACIFF's online annual general meeting on 25 November 2020.

Nov 11, 2020
1 min

Reminder - UK Temporary Permission Regime

The TPR will be brought in to effect at the end of the transitional period, 31st of December 2020, and all relevant notifications should be

Nov 10, 2020
2 min

Recommendation 2020/12 of the European Systemic Risk Board (ESRB) on identifying legal entities

The purpose of Recommendation ESRB/2020/12 is the prevention and mitigation of systematic risks, to financial stability in the Union through

Nov 4, 2020
1 min

Monthly Reporting Obligations November 2020

Monthly Reporting Obligations of Cyprus Investment Firms (“CIF”s) as per the relevant provisions of the Law 87(I)/2017

Oct 27, 2020
2 min

Compliance: CySEC evaluates the policies & procedures established and implemented by AIFMs

Read our breakdown of CySEC's recent evaluation of the policies & procedures being used by AIFMs and learn what steps AIFMs must take next.

Oct 21, 2020
5 min

Temporary Permissions Regime – An update on FCA’s approach to international firms

A comprehensive look at the update of the FCA's approach to international firms in respect of the Temporary Permissions Regime.

Oct 2, 2020
1 min

CIFs Monthly Reporting Obligations October 2020

An overview of the October 2020 Monthly Reporting Obligations of CIFs with the Directives and Circulars issued thereof.

Sep 28, 2020
3 min

Alternative Investment Fund Managers Law (the ‘AIFM Law’)

The Cyprus Securities and Exchange Commission ‘CySEC’ recently carried out a review of the quality of information reported to CySEC by AIFs.

Sep 24, 2020
3 min

CIRCULARS CIF: C404 - Publication of CySEC’s Review of compliance with the reporting obligations

An in-depth look at CySEC's Circular C404: a review of compliance with the reporting obligation under the AIFM Law.

Sep 2, 2020
2 min

CIFs Monthly Reporting Obligations September 2020

Monthly Reporting Obligations of Cyprus Investment Firms (“CIF”s) as per the relevant provisions of the Law 87(I)/2017.

Aug 4, 2020
1 min

CIFs Monthly Reporting Obligations August 2020

An overview of the Monthly Reporting Obligations of Cyprus Investment Firms (“CIF”s) as per the relevant provisions of the Law 87(I)/2017.

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