We provide Risk Management Services to regulated EU and non-EU Investment Firms, Investment Funds, Fund Managers, Payment Institutions, Administrative Services Providers, Electronic Money Institutions, Banks, that wish to outsource the regulatory obligations of their Risk Management Function, or to have an external independent Risk Manager Advisor providing the relevant service requested by the client.
Risk Taking Policy Statements: preparation and/or review;
Trading Book Policy statements: preparation and/or review;
Advisory on optimising Capital Adequacy;
Maintaining compliance with regulatory limits;
Advisory on better managing Large Exposures with respect to regulatory limits (e.g. through the use of financial collateral);
Advisory on managing prudential and actual liquidity;
Ensuring compliance with the relevant and current regulatory requirements, including: Basel III / EU Capital Requirements Directive (“CRD”) IV / EU Capital Requirements Regulation (“CRR”).
Calculation of Eligible Own Funds;
Calculation of Risk-Weighted Assets (RWA);
Calculation of Capital Adequacy Ratios (CAR);
Completion of Common Reporting (COREP) templates and submission of returns to CySEC per calendar quarter;
Calculation of Large Exposures, completion of regulatory templates and submission of returns to CySEC per calendar quarter;
Completion of Geographical Exposures report template;
Completion of Leverage report template.
We provide Regulatory Compliance Officer Services to EU and non-EU, regulated or non-regulated entities
(including Investment Firms, Investment Funds, Fund Managers, Payment Institutions, Administrative Services
Providers, Electronic Money Institutions) that wish to outsource their Compliance Officer Function, or to have
an external independent Compliance Officer review of their policies and procedures in place. Among the
Compliance Officer’s duties, is ensuring compliance with:
We may also undertake the preparation of your entity’s Annual Compliance Officer Report and provide ad-hoc or ongoing support to your Compliance Officer (including briefing of the latest CySEC Circulars, Directives, Laws) .
Undertake your license application process for EU and non-EU jurisdictions:
Formation: advise on the appropriate structure for the Investment Firm or Fund or other regulated entity
Advise you of the local regulations and requirements
Advise you of the most tax-efficient and cost-effective jurisdiction that matches your target market needs, your business plans and office requirements
Prepare internal operational manual, supporting policies and procedures on all areas required (i.e. anti-money laundering, risk management, compliance, governance) in adherence to the prevailing laws and regulations
Assist in the preparation of business plans and organisational set-ups to support your license application
Administer the procedures of your license application for obtaining the relevant license (including the due diligence of Shareholders, Beneficiaries and Directors)
Communicate with regulatory authorities and act as your promoters during the license application phase
Extend your license (i.e. apply for a branch or a representative office, or a tied agent or for new licenses in EU and non-EU countries)
Re-domiciliation of offshore Investment Funds to Cyprus (click for more information).
Our affiliate Law firm, Areti Charidemou & Associates LLC, offers company formation services as well as legal advice and opinions regarding any regulation surrounding your companies, ranging from Companies Law, Taxation Law, Investments Firms Law, Investments Funds Law and EU and/or non-EU regulations. Furthermore, they offer advisory services on industry best practices that can assist your company to be on the forefront of client service and protection.
They also offer assistance to the management of a company as well as preparation of due-diligence reports on potential mergers and acquisitions.
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