By Panagiotis Vassiliades Deputy CEO, MAP Risk Management Services Ltd (MAP RMS) The July 2024 Risk Assessment Report (RAR) from the European Banking Authority (EBA) provides an in-depth analysis of the key risks and challenges impacting banks in the European Union (EU) and European Economic Area (EEA). It offers critical insights into the … [Read more...] about EBA’s 2024 Risk Assessment Report
News & Articles
Updates to Remuneration Requirements for EU Investment Firms
By Panayiotis Antoniou, CEO, MAP Risk Management Services Ltd (MAP RMS) This article discusses the updated remuneration requirements for EU investment firms under the Investment Firm Directive (IFD). Implemented in Cyprus through Law 165(I)/2021, these rules establish key principles for creating transparent, risk-conscious, and gender-neutral … [Read more...] about Updates to Remuneration Requirements for EU Investment Firms
September/October 2024 Regulatory Roundup
MiFID II and MiFIR Review: Key Changes and Implications
The European Union (EU) is undergoing significant regulatory changes in its financial markets with the recent review of the Markets in Financial Instruments Directive (MiFID II) and the Markets in Financial Instruments Regulation (MiFIR). These frameworks are pivotal in improving market transparency, investor protection, and efficiency across … [Read more...] about MiFID II and MiFIR Review: Key Changes and Implications
CySEC’s New Remote Onboarding Policy: A Game-Changer
By Thekla Nikolaou Manager, Compliance Support Department In today’s rapidly evolving digital landscape, the way regulated entities interact with and onboard clients is undergoing significant transformation. The latest Policy Statement (PS-01-2024) issued by the Cyprus Securities and Exchange Commission (CySEC) is a perfect example of this … [Read more...] about CySEC’s New Remote Onboarding Policy: A Game-Changer





