Updates surrounding Markets in Crypto-Assets Regulation (MiCA)
Following the recent approval of the Markets in Crypto Assets Regulation (the “MiCA”) in June 2023 and the corresponding implementing measures that needs to...
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A Step-by-Step Guide to Setting Up a Partnership in Cyprus
A. Introduction: Setting up a partnership in Cyprus can be an excellent way to establish a business and benefit from shared responsibilities and...
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Strengthening Compliance: Safeguarding against Money Laundering Risks
A. Introduction: In an increasingly interconnected and digital world, the fight against financial crimes, including money laundering, has taken center...
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Arbitration and Mediation: Exploring Alternative Dispute Resolution Methods
A. Introduction: In today's legal landscape, resolving disputes through litigation can be a time-consuming and costly process. As a result, alternative...
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ESAs public consultation on DORA
We would like to draw your attention that the European Supervisory Authorities (EBA, EIOPA, and ESMA – the ESAs) launched yesterday, 19th of June 2023, a...
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Registration of a Non-Profit Organisation in Cyprus
In Cyprus, there are currently four primary types of non-profit organizations: Non-profit Companies: These entities are established with the purpose of...
Read More CySEC Circular C576 – Adoption of the European Banking Authority Guidelines
We would like to draw your attention to Circular C576 (the “Circular”) issued by the Cyprus Securities and Exchange Commission (the “CySEC”) on the 2nd of...
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Regulation on Markets in Crypto-assets: Navigating the Evolving Landscape
A. Introduction: In recent years, the rapid growth of cryptocurrencies and the emergence of blockchain technology have led to a significant expansion of...
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AI’s Impact on the Legal Profession: Evaluating Risks and Assessing the Future of Legal Practice
A. Introduction: Artificial Intelligence (AI) has revolutionized various industries, and the legal profession is no exception. AI technologies are...
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Cryptocurrencies: Evaluating Risks and Assessing Their Future in Digital Banking
A. Introduction: The emergence of cryptocurrencies has disrupted traditional financial systems, offering decentralized and secure alternatives to...
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CySEC Circular C533 on the guidelines on certain aspects of the compliance function requirements
Cyprus Securities and Exchange Commission (the “CySEC”) issued the Circular C553 (the “Circular”) on the 14th of March 2023, for the provision of guidance...
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Financial Action Task Force Statement Publications – February 2023
Paris, 24 February 2023 - The second Plenary of the FATF under the Presidency of T. Raja Kumar of Singapore concluded on 24/2/2023. Delegates from over 200...
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