Following the recent CySEC Directive (in Greek only) in relation to the registration and operating conditions of providers of services related to crypto assets, CySEC has issued today an amending Directive (in Greek only) which modifies certain provisions of the original Directive. In addition, CySEC issued today a Policy Statement on the … [Read more...] about CySEC Updates on the Registration and Operating Conditions of Crypto Asset Service Providers
Cybersecurity & Operational Resilience
The European Securities & Markets Authority’s New Guidelines for Outsourcing to Cloud Service Providers
In recent years, the financial sector has seen a significant rise in the number of financial institutions outsourcing certain processes, services or activities to Cloud Service Providers (CSPs) that use cloud-computing solutions. Generally speaking, cloud services facilitate a firm’s sharing and storage of information and data, helping it … [Read more...] about The European Securities & Markets Authority’s New Guidelines for Outsourcing to Cloud Service Providers
Regulatory Update: ESMA Warns Firms and Investors about Risks Arising from Payment for Order Flow
The European Securities and Markets Authority (ESMA), issued yesterday a public statement, aimed at reminding firms that the receipt of payment for order flow (PFOF) raises significant investor protection concerns. Additionally, it highlighted key MiFID II obligations aimed at ensuring firms act in their clients’ best interest when executing their … [Read more...] about Regulatory Update: ESMA Warns Firms and Investors about Risks Arising from Payment for Order Flow
MAP S.Platis Group features in IN Business Magazine – The Equality Issue
In the latest issue of IN Business Magazine, Pavlos Charalambides, MAP S.Platis Group HR Director, highlights the importance of equality in the workplace, and explains what makes MAP S.Platis Group an employer of choice to talented and career-minded professionals. Read the full interview (in Greek) here. … [Read more...] about MAP S.Platis Group features in IN Business Magazine – The Equality Issue
New CySEC Directive for the Registration of Crypto-Asset Providers in Cyprus
Following the recent transposition of AMLD V into Cyprus Law which, among others, brought into scope providers offering services related to crypto-assets, the Cyprus Securities and Exchange Commission issued today a Directive (in Greek only) in relation to the registration and operating conditions of providers of services related to crypto assets. … [Read more...] about New CySEC Directive for the Registration of Crypto-Asset Providers in Cyprus