After a delay of over a year from the official transposition deadline set by the EU, on the 23rd of February 2021 L.13(I)/2021 was published on the official Gazette of the Government of Cyprus (available in Greek only), which revises the Cyprus AML Law bringing it in line with the EU’s 5th AML Directive. The most notable changes of … [Read more...] about Cyprus transposes AMLD V into Cyprus Law and brings into scope providers offering services related to crypto-assets
Investment Funds
ESMA launches a Common Supervisory Action with NCAs on MiFID II product governance rules
The European Securities and Market Authority (ESMA) announced yesterday (1st of February 2021) the launch of the Common Supervisory Action (CSA) in cooperation with National Competent Authorities (NCAs). The key areas of the CSA as per ESMA’s announcement are: how manufacturers ensure that financial products’ costs and charges … [Read more...] about ESMA launches a Common Supervisory Action with NCAs on MiFID II product governance rules
MAP S.Platis is participating in the 1st Cyprus Fintech Summit
MAP S.Platis is participating in the 1st Cyprus Fintech Summit, taking place virtually on Friday 29 January 2021, at 3:30 pm. Cyprus Fintech Summit is an international summit dedicated to the future of technological innovation in financial services. Top tier speakers from Cyprus and abroad will engage in meaningful discussions about the Cypriot … [Read more...] about MAP S.Platis is participating in the 1st Cyprus Fintech Summit
Two Electronic Money Institution (EMI) licenses awarded to clients of MAP S.Platis by the Central Bank of Cyprus
MAP S.Platis, the leading European regulatory compliance consulting Group, is delighted to announce that it has concluded successfully the application processes for two Electronic Money Institutions (EMIs) with the Central Bank of Cyprus (CBC) on behalf of its clients, in line with European Union (EU) Directives on payment services and electronic … [Read more...] about Two Electronic Money Institution (EMI) licenses awarded to clients of MAP S.Platis by the Central Bank of Cyprus
Annual General Meeting of the Association of Cyprus International Financial Firms (ACIFF)
"The following text is in Greek" Με μεγάλη επιτυχία πραγματοποιήθηκε την Τρίτη, 24 Νοεμβρίου 2020, η Ετήσια Γενική Συνέλευση του ACIFF, στην παρουσία αριθμού υψηλά ιστάμενων στελεχών εταιρειών του χρηματοοικονομικού τομέα. Η φετινή Ετήσια Γενική Συνέλευση πραγματοποιήθηκε ηλεκτρονικώς λόγω της πανδημίας COVID-19 και των … [Read more...] about Annual General Meeting of the Association of Cyprus International Financial Firms (ACIFF)