Deneo Partners, in cooperation with Match2Pay, carries out expert webinar: “A Complete Guide to the Travel Rule & Offshore Regulations on Cold Wallets” RegulatoryUncategorised

Deneo Partners, in cooperation with Match2Pay, carries out expert webinar: “A Complete Guide to the Travel Rule & Offshore Regulations on Cold Wallets”

Match2Pay, in cooperation with Deneo Partners, announces an expert webinar: “A Complete Guide to the Travel Rule & Offshore Regulations on Cold Wallets”. Match2Pay, the…

Christina Panayi6th May 2025

CYSEC Issues Circular C700 under DORA Licensing

CYSEC Issues Circular C700 under DORA

CySEC has released a crucial circular C700, outlining the reporting obligations under DORA. Here are the key takeaways: Incident Reporting: Major ICT-related incidents must be…

Christina Panayi10th April 2025

CySEC will not accept new applications for CASPs Licensing

CySEC will not accept new applications for CASPs

The CySEC has announced that, from 17/10/2024 onwards...

Christina Panayi17th October 2024

Seychelles FSA – Circular (No.6) for periodic review of Beneficial Owners Licensing

Seychelles FSA – Circular (No.6) for periodic review of Beneficial Owners

As of October 1st 2024, the Seychelles FSA will enforce the...

Christina Panayi24th September 2024

CySEC – Policy Statement on digital customer onboarding Licensing

CySEC – Policy Statement on digital customer onboarding

New rules have been launched on digital onboarding by CySEC that have...

Christina Panayi9th August 2024

CySEC C655 – Findings of Annual Risk Assessment Reports Licensing

CySEC C655 – Findings of Annual Risk Assessment Reports

CySEC’s Circular C655 provides a summary of the results identified during CySEC's...

Christina Panayi6th August 2024

CySEC C648: Notification of MiCA Crypto asset services Licensing

CySEC C648: Notification of MiCA Crypto asset services

Through Circular C648, CySEC wishes to inform the regulated entities that under...

Christina Panayi26th June 2024

CySEC launches its Regulatory Sandbox Licensing

CySEC launches its Regulatory Sandbox

The CySEC successfully launched its Regulatory Sandbox in an online...

Christina Panayi11th June 2024

CySEC C620 – Adoption of EBA Guidelines Licensing

CySEC C620 – Adoption of EBA Guidelines

CySEC has issued Circular C620 for the adoption of the EBA guidelines on...

Christina Panayi6th February 2024

Seychelles – NAC Consultation on VA and VASPs Framework Licensing

Seychelles – NAC Consultation on VA and VASPs Framework

The Seychelles Ministry of Finance has issued a press release on the 20th of December...

Christina Panayi20th December 2023

CySEC warns the Board Members of CIFs of their role and responsibilities Licensing

CySEC warns the Board Members of CIFs of their role and responsibilities

Through a clear press release, the CySEC has warned the board members of CIFs of their...

Christina Panayi23rd October 2023

EU list update of non-cooperative jurisdictions for tax purposes Licensing

EU list update of non-cooperative jurisdictions for tax purposes

The European Council decided to add Antigua and Barbuda, Belize and Seychelles to...

Christina Panayi17th October 2023

CySEC C601 – EBA’s Guidelines on Remote Customer Onboarding Licensing

CySEC C601 – EBA’s Guidelines on Remote Customer Onboarding

In continuation of C479, CySEC has issued C601 informing regulated entities of the....

Christina Panayi12th October 2023

CySEC C602 – Spanish regulator forbids the advertisement of CFDs Licensing

CySEC C602 – Spanish regulator forbids the advertisement of CFDs

Through Circular C602, CySEC draws the attention of CIFs to the CNMV’s Resolution...

Christina Panayi12th October 2023

CySEC C596 – Russian Federal Laws on Russian Forced Transfers Licensing

CySEC C596 – Russian Federal Laws on Russian Forced Transfers

Through Circular C596, CySEC wishes to inform regulated entities of the new Russian...

Christina Panayi11th September 2023

FSA – Action against persons engaged with Sanctioned Countries Licensing

FSA – Action against persons engaged with Sanctioned Countries

With Circular No.7 of 2023, the FSA would like to remind all reporting entities...

Christina Panayi8th September 2023

CySEC C588 – EBA’s Opinion on the ML/TF risks to EU’s financial sector Licensing

CySEC C588 – EBA’s Opinion on the ML/TF risks to EU’s financial sector

The CySEC has issued Circular C588 notifying regulated entities of the publication...

Christina Panayi19th July 2023

CySEC C589 – MONEYVAL’s report on AML/CTF of virtual assets Licensing

CySEC C589 – MONEYVAL’s report on AML/CTF of virtual assets

Through Circular C589, CySEC has announced Moneyval’s publication of the Report...

Christina Panayi19th July 2023

FIU – goAML Live Platform for Reporting of STR and SAR Licensing

FIU – goAML Live Platform for Reporting of STR and SAR

The Seychelles FIU has issued a notice (Circular No 5 of 2023) that will effect on..

Christina Panayi5th June 2023

CySEC C576 – Adoption of EBA Guidelines & relevant Deadlines Licensing

CySEC C576 – Adoption of EBA Guidelines & relevant Deadlines

The publication of Circular 576 announces CySEC’s adoption of EBA guidelines...

Christina Panayi2nd June 2023

CySEC C550 – Practices identified during AML/CFT onsite inspections Licensing

CySEC C550 – Practices identified during AML/CFT onsite inspections

CySEC issued Circular C550 to inform regulated entities of the common weaknesses/...

Christina Panayi2nd May 2023

CySEC C567 – New MPS form for AML/CFT purposes Licensing

CySEC C567 – New MPS form for AML/CFT purposes

The CySEC has announced that from May 2023 (Reporting for April 2023), the Form...

Christina Panayi20th April 2023

CySEC– Updated Form 87-03-01 for Annual Fees Licensing

CySEC– Updated Form 87-03-01 for Annual Fees

The CySEC has announced that Form 87-03-01 has been updated. Cyprus investment...

Christina Panayi10th April 2023

CySEC C559 – New Version of the Quarterly Statistics Form Licensing

CySEC C559 – New Version of the Quarterly Statistics Form

The CySEC has issued Circular 559 informing all CIFs of the issuance of the...

Christina Panayi31st March 2023

FSA – Representative Accreditation to only one licensee Licensing

FSA – Representative Accreditation to only one licensee

The FSA has issued Circular No. 1 of 2023 drawing the attention of all...

Christina Panayi17th March 2023

CySEC C553 – Guidelines on the compliance function requirements Licensing

CySEC C553 – Guidelines on the compliance function requirements

With the issuance of Circular 553, CySEC aims to provide guidance on the...

Christina Panayi14th March 2023

CySEC C546 – Introduction of XBRL Portal for CIFs prudential reporting Licensing

CySEC C546 – Introduction of XBRL Portal for CIFs prudential reporting

On 25 January 2023, the CySEC has issued Circular C546 informing all the...

Christina Panayi25th January 2023

SVG FSA – Urgent policy issued on Companies engaging in Forex Licensing

SVG FSA – Urgent policy issued on Companies engaging in Forex

The FSA in the Saint Vincent & the Grenadines (SVG) has issued a notice/policy...

Christina Panayi6th January 2023

FSA – Guidance on the Annual AML-CFT Compliance Form Licensing

FSA – Guidance on the Annual AML-CFT Compliance Form

The FSA has issued the Circular No.11 of 2022 relating to the Annual AML/CFT...

Christina Panayi29th November 2022

CySEC C534 – Investment and ancillary services in third countries Licensing

CySEC C534 – Investment and ancillary services in third countries

The CySEC has replaced Circular 256 regarding the provision of investment and...

Christina Panayi29th November 2022

Guidelines by EBA on remote customer onboarding solutions Licensing

Guidelines by EBA on remote customer onboarding solutions

The EBA published on the 22nd of November 2022 its final Guidelines...

Christina Panayi22nd November 2022

Court of Justice of the EU: Beneficial Owner registers judgement Licensing

Court of Justice of the EU: Beneficial Owner registers judgement

The European Court of Justice ruled that public access to the beneficial owner...

Christina Panayi22nd November 2022

FSA – FATF statements on High Risk Jurisdictions Licensing

FSA – FATF statements on High Risk Jurisdictions

In accordance with the Circular No.10 of 2022 issued by the FSA on the 7th of...

Christina Panayi7th November 2022

Deneo Partners’ Managing Directors on Offshore Regulations RegulatoryUncategorised

Deneo Partners’ Managing Directors on Offshore Regulations

Deneo Partners’ Managing Directors Stathis Christophi and Demetris Kyriacou share their knowledge and views on the current landscape regarding offshore regulatory jurisdictions. Increasing regulation globally…

Christina Panayi3rd September 2022

SC – Cabinet of Ministers endorses the NRA Report on VAs and VASPs Licensing

SC – Cabinet of Ministers endorses the NRA Report on VAs and VASPs

The NAC received the endorsement of the Cabinet of Ministers for the adoption...

Christina Panayi30th August 2022

CySEC C526 – Common weaknesses identified Licensing

CySEC C526 – Common weaknesses identified

The CySEC has issued a new Circular where it informs the applicable CIFs of the...

Christina Panayi10th August 2022

Seychelles – National Risk Assessment on VAs and VASPs Licensing

Seychelles – National Risk Assessment on VAs and VASPs

Following the conclusion of the NRA VA and VASPs, the findings were presented...

Christina Panayi22nd July 2022

CySEC – Regulatory compliance and investor protection actions Licensing

CySEC – Regulatory compliance and investor protection actions

The CySEC has warned CIFs trading in CFDs that they must take immediate...

Christina Panayi21st July 2022

FSA – Update to Securities Dealer Licence and Conditions Licensing

FSA – Update to Securities Dealer Licence and Conditions

The FSA in Seychelles has informed its Licensees that it is in the process to...

Christina Panayi20th July 2022

CySEC launches new Investor Protection campaign Licensing

CySEC launches new Investor Protection campaign

The CySEC is pleased to announce that, as part of its ongoing endeavors...

Christina Panayi19th July 2022

CySEC C518 – Introduction of Prudential Forms 165-03 & 165-04 Licensing

CySEC C518 – Introduction of Prudential Forms 165-03 & 165-04

In order to incorporate the changes that have taken place following...

Christina Panayi22nd June 2022

FSA – Financial Consumer Protection Act Licensing

FSA – Financial Consumer Protection Act

The FSA makes reference to the enactment of a new Financial Consumer Protection...

Christina Panayi6th June 2022

CySEC C516 – Findings on the Compliance Officers’ Reports Licensing

CySEC C516 – Findings on the Compliance Officers’ Reports

With the Circular 516, the CySEC wishes to inform the regulated entities...

Christina Panayi2nd June 2022

CySEC C513 – CIFs monitoring of prudential requirements Licensing

CySEC C513 – CIFs monitoring of prudential requirements

CySEC wishes with Circular 513 to remind all supervised entities of the...

Christina Panayi19th May 2022

FSA – Code for Compliance Function for licensees Licensing

FSA – Code for Compliance Function for licensees

The FSA has issued the Code for Compliance Function which sets out...

Christina Panayi19th May 2022

CySEC C512 – Reporting of cyberattack incidents Licensing

CySEC C512 – Reporting of cyberattack incidents

In order to assess the cybersecurity risks and to support the monitoring and...

Christina Panayi17th May 2022

FATF Statements Concerning enhanced due diligence Licensing

FATF Statements Concerning enhanced due diligence

In accordance with Section 41(3) of the AML/CFT Act, 2020 and...

Christina Panayi10th March 2022

CySEC – Provision of services by third country firms Licensing

CySEC – Provision of services by third country firms

CySEC has issued a Policy Statement and a Press Release relating...

Christina Panayi10th December 2021

Updated FATF Guidance on the risk based approach to VA and VASPs Licensing

Updated FATF Guidance on the risk based approach to VA and VASPs

The new FATF Guidance incorporates and supersedes the 2019 guidance while...

Christina Panayi1st October 2021

CySEC – Registration and Operating Conditions of CASP Licensing

CySEC – Registration and Operating Conditions of CASP

The Cyprus Securities and Exchange Commission (CySEC) published a...

Christina Panayi13th September 2021

CySEC- Registration of Crypto Asset Service Providers Regulatory

CySEC- Registration of Crypto Asset Service Providers

On 25 June 2021, CySEC has published the Directive for the prevention...

Christina Panayi25th June 2021

CySEC C442 – Updates regarding the new prudential framework Regulatory

CySEC C442 – Updates regarding the new prudential framework

With the C442 circular, the CySEC wishes to inform the CIFs about...

Christina Panayi21st April 2021

CySEC – Supervisory Priorities for 2021 Regulatory

CySEC – Supervisory Priorities for 2021

CySEC has issued an announcement outlining the main priorities and sup...

Christina Panayi16th March 2021

– FSA Accepts Digital Signed Documents LicensingRegulatory

– FSA Accepts Digital Signed Documents

As per Circular No. 03 of 2021 "This Circular is being issued with the aim of notifying all stakeholders of the Financial Services Authority’s (the…

Christina Panayi5th March 2021

MIFID II Quick Fix Directive in response to the COVID19 epidemic Regulatory

MIFID II Quick Fix Directive in response to the COVID19 epidemic

The MiFID II “Quick” Fix Directive was published in response to...

Christina Panayi26th February 2021

CySEC C426 – New prudential framework of Investment Firms Regulatory

CySEC C426 – New prudential framework of Investment Firms

This is to bring to your attention CySEC Circular C426, as all CIFs will...

Christina Panayi2nd February 2021

FSA Seychelles – AML/CFT Risk Assessment LicensingRegulatory

FSA Seychelles – AML/CFT Risk Assessment

In accordance with the AML/CFT Act, 2020 each reporting entity...

Christina Panayi26th January 2021

FSA Seychelles – Obligation to register with the FIU LicensingRegulatory

FSA Seychelles – Obligation to register with the FIU

In accordance with the AML/CFT Act, 2020 and the Regulations...

administrator26th January 2021

C424 – Cross-border CFD Marketing in Spain Regulatory

C424 – Cross-border CFD Marketing in Spain

CySEC has issued Circular C424 concerning the public statement of the Spanish...

Christina Panayi21st January 2021

CySEC C418 – Procedures on safeguarding of client funds Regulatory

CySEC C418 – Procedures on safeguarding of client funds

CySEC has issued Circular No. 418 on the enhancement of procedures...

Christina Panayi27th November 2020

FIU Seychelles Cash Transaction and Wire Transfer Threshold Report Regulatory

FIU Seychelles Cash Transaction and Wire Transfer Threshold Report

In accordance with the Section 5 of the AML/CFT Act, 2020 (the “Act”), a Reporting Entity which executes a cash transaction or wire transfer of…

Christina Panayi6th November 2020

CySEC C408 Wind down of CME Trade Repository Ltd Regulatory

CySEC C408 Wind down of CME Trade Repository Ltd

Following the announcement of CME Group that it will be winding down most of its regulatory reporting services on or by 30 November 2020. Circular…

Christina Panayi5th November 2020

CySEC C410 – AML/CFT Colleges Guidelines LicensingRegulatory

CySEC C410 – AML/CFT Colleges Guidelines

Circular 410 was drawn to provide information that is to be submitted on the basis of the European Supervisory Authorities (ESAs) Joint Guidelines on Cooperation…

administrator26th October 2020

CySEC C408 – CIFs’ Cross Border Activity form LicensingRegulatory

CySEC C408 – CIFs’ Cross Border Activity form

CySEC has issued a new Form, FPISA-CIF for the collection of data on the Cyprus Investment Firms (CIFs)’ cross border activity...

Christina Panayi28th September 2020

FSA Seychelles Compliance & Alternative Compliance LicensingRegulatory

FSA Seychelles Compliance & Alternative Compliance

In accordance with the AML/CFT Act for all reporting entities...

administrator25th September 2020

CySEC C406 – CIFs Quarterly Statistics form Regulatory

CySEC C406 – CIFs Quarterly Statistics form

On 21 September 2020, CySEC has published the latest version of the Form QST-CIF Version 5 which must be completed and submitted to CySEC by…

Christina Panayi21st September 2020