Cybersecurity & Operational Resilience

MAP S.Platis is delighted to announce that it has successfully concluded an agreement with the Cyprus Securities and Exchange Commission (‘CySEC’) for the provision of expert services in the conduct of investigations of potential violations of the pertinent legislation by Cypriot Investment Firms, as published in CySEC’s public tender … [Read more...] about Announcement on conclusion of an agreement with CySEC for the provision of expert services

Crowdfunding is a technology-enabled financial service often used by start-up companies or growing businesses as a way of accessing alternative funds. It is an innovative way of sourcing funding for new projects, businesses or ideas. The main types of crowdfunding include, inter alia, peer-to-peer lending, equity crowdfunding and rewards-based … [Read more...] about EU proposal to regulate crowdfunding and peer-to-peer lending in Europe

The prospects of Cyprus as a fund industry hub are brighter than ever, albeit there is still way to go. The country has been moving towards the right direction in recent years and lately, within 2018, it has pushed further on certain crucial fronts introducing new fund-related tools and structures in the law, taking critical steps towards resolving … [Read more...] about Prospects of the Cyprus Funds Industry

Blockchain The use of blockchain technology has seen a tremendous growth during the last few years and can be applied in a large variety of sectors (e.g. trade and commerce, healthcare, governance etc.). Potential applications of the blockchain technology can include fund transfers, pledging of collateral, registration of shares, settling trades, … [Read more...] about Blockchain, Cryptocurrency and ICO explained

The European Market Infrastructure Regulation (‘EMIR’) No 648/2012, as amended, has entered into force in August 2012 with the objective of increasing the transparency of the derivatives market and reducing the systemic as well as counterparty and operational risk in the derivatives market. EMIR applies to undertakings established in the EU who … [Read more...] about The obligations of Cyprus Funds under EMIR