Relevant to: UK Crypto Asset Firms complying with the Travel Rule According to the United Kingdom’s Financial Conduct Authority (FCA), crypto asset firms operating in the UK will be required to comply with the Financial Action Task Force’s Travel Rule starting on Sept. 1, 2023. When the rule becomes effective, compliance with the rule is...Read More

Relevant to: Regulated Entities 1 Circular C577 (“the Circular”) dated 06/06/2023 informs Regulated Entities on European Banking Authority’s (‘EBA’) public Consultation Paper on amendments to its Guidelines on money laundering and terrorist financing risk factors, to include crypto-asset service providers. Through Circular C577, CySEC wishes to inform Regulated Entities that EBA, on 31st May 2023,...Read More

Relevant to: Regulated Entities 1 Circular C579 (“the Circular”) dated 06/06/2023 informs Regulated Entities on ESMA Guidelines on certain aspects of the MIFID II suitability requirements. Through Circular C579, CySEC wishes to inform Regulated Entities that the European Securities and Markets Authority (ESMA) published, on April 4, 2023, the Guidelines on certain aspects of the...Read More

Relevant to: Regulated Entities 1 Circular C578 (“the Circular”) dated 06/06/2023 informs Regulated Entities on ESMA Guidelines on certain aspects of the MIFID II remuneration requirements. Through Circular C578, CySEC wishes to inform Regulated Entities that the European Securities and Markets Authority (ESMA) published, on April 3, 2023, the Guidelines on certain aspects of the...Read More

Relevant to: Regulated Entities1 Circular C573 (“the Circular”) dated 12/05/2023 informs Regulated Entities about the Risk-Based Supervision Framework and the Electronic submission of information for the year 2022. Through Circular C573, CySEC wishes to inform Regulated Entities about the new version of the Annual Form, RBSF-MC Version 6 (‘the Form’), which can be found in...Read More

Relevant to: Cyprus Investment Firms (‘CIFs’) Circular C571 (“the Circular”) dated 02/05/2023 draws the attention to the EBA’s Guidelines on Information and Communication Technology (“ICT”) and security risk management and for certain actions to ensure compliance with the Guidelines. Through Circular 571, CySEC wishes to bring the attention of the CIFs the Guidelines on ICT...Read More

Relevant to: All Regulated Entities[1] Circular C567 (“the Circular”) dated 20/04/2023 informs Regulated Entities about the new Form, MPS (‘the Form’) which replaces the existing Form 144-08-11 for the prevention of money laundering and terrorist financing. Through Circular C567, CySEC wishes to inform all Regulated Entities that from May 2023 (Reporting for April 2023), the...Read More

Relevant to: CAIFMs and AIFs[1] Circular C562 (“the Circular”) dated 04/04/2023 wishes to provide guidance to Cyprus Alternative Investment Fund Managers (“CAIFMs”) and AIFs, on key principles and concepts governing the EU AIFMD (Directive 2011/61/EU). Through Circular C562, CySEC wishes to provide guidance to CAIFMs and/or AIFs externally managed by CAIFMs in order to ensure...Read More

Relevant to: Cyprus Investment Firms (‘CIFs’) Circular C563 (“the Circular”) dated 05/04/2023 informs all CIFs for the Risk Based Supervision Framework (the ‘RBS-F’) Form – Electronic submission of information for the year 2022 (Form RBSF-CIF). Through Circular C563, CySEC wishes to inform all CIFs that a new version of the Form RBSF-CIF (‘the Form’), Version...Read More

Relevant to: Cyprus Investment Firms (‘CIFs’) Circular C559 (“the Circular”) dated 31/03/2023 informs all CIFs for the new version of Quarterly Statistics Form (Form QST-CIF). The present Circular is issued pursuant to section 25(1)(c)(ii) & (iii) of the Cyprus Securities and Exchange Commission Law (the ‘CySEC Law’). Through Circular C559, CySEC wishes to inform all...Read More