MAP S.Platis is one of the leading and expert consultancy firms for financial services companies in Europe. Our award-winning team specialises in providing unique solutions tailored to our individual clients’ needs such as licensing across jurisdictions, compliance and risk management, internal audit, legal and corporate support, accounting, taxation, financial audit, banking and payment solutions.
With an impeccable 100% success rate, MAP S.Platis has been responsible for over 60% of all licenses issued by the Cyprus Securities and Exchange Commission (CySEC) under the Markets in Financial Instruments Directive (MiFID). Our portfolio of clients includes some of the largest and most successful financial services companies in the world engaged in Forex, Binary Options, Asset Management, Banking and Payment Services.
Today, our consultancy firm consists of over a 100 high-calibre experts and professionals including one of the strongest financial regulation research teams in the EU. Our team proudly displays a substantial and documented success record in registering and supporting EU Investment Firms regulated by the CySEC, the MFSA (Malta), FCA (UK) and BaFin (Germany) under MiFID, with full passporting ability to all EU Member States.
History and Achievements
MAP S.Platis was founded by Dr. Stelios Platis as a specialised economic research and financial services training centre in 2003 under the name S.Platis Economic Research. By 2006, the company had already produced a significant number of seminal studies on home price indices, macroeconomic developments and forecasts, and financial regulation, as well as risk analyses for infrastructure projects. In fact, it was through research that the firm began focusing on the changing European regulatory infrastructure in financial services. Thus, by the time that MiFID was enacted in Cyprus in November 2007, MAP S.Platis – already a group of collaborating institutes – had put in place the foundation to become the first specialised team of financial regulation experts in the Middle East and Northern Africa (MENA) region.
Based on deep and well-substantiated research and given the efforts of its founder and Chairman, Dr Stelios Platis, MAP.S.Platis has succeeded in convincing CySEC in 2008 to include retail Forex as a duly regulated financial product under MiFID. This made Cyprus only the second EU Member State to do so in Europe, following the Financial Services Authority of the UK. As a result, to date, MAP S.Platis has consulted over 60% of all FX Brokers in Cyprus licensed under MiFID!
In 2012, MAP S.Platis yet again broke new ground in EU financial regulation. Following a two-year coordinated effort with CySEC and with constant consultation with the European Commission, MAP S.Platis succeeded in bringing Binary Options into EU regulation. Since then, our team has brought and restructured the Binary Options business of many existing as well as new Investment Firms under their EU licenses, a move that rewarded our team with the first-ever Binary Options brokerage license under MiFID in the EU.
Today, MAP S.Platis proudly operates as the most innovative, reliable and highly professional provider of advisory, training and research services to EU-based international financial services companies, as evidenced by the great number of prestigious awards the company has received over the last 5 years.
Click here to view our awards.