MONEYVAL publishes follow-up report on Albania

As a result of Albania’s progress in strengthening its framework to tackle money laundering and terrorist financing since its mutual evaluation report...

The Cyprus Securities and Exchange Commission (“CySEC”) released a Policy Statement...

According to a source, crowdfunding can serve as an alternative method to bank financing, whereby small and medium-sized enterprises ("SMEs") can access...

MetaTrader 5 Incorporates Trader KYC Verification From Sum&Substance

LIMASSOL – MetaQuotes’ Press Service has announced the trading platform integration with the Sum&Substance KYC service, which enables the validation of client...

Nicos Chr. Anastasiades & Partners cleared from Mokas

Anti-money laundering unit Mokas said on Friday that it did not find any involvement in illegal activities by President Nicos Anastasiades '...

The Total Assets Under Management (AUM) for the 3rd quarter of...

Based on the statistics for the 3rd quarter of 2019, CySEC has under its supervision in total 203 Management Companies and...

CySec Announces Exams for AML Compliance Officers

The Cyprus Securities and Exchange Commission (CySEC) announced it will start conducting exams for the certification of Anti-Money Laundering compliance officers. About...

New company registrations posted a 19.5 percent drop in November.

New company registrations posted a 19.5 percent drop in November and a 13.3 percent drop in this year's first eleven months, data...

Cyprus ‘ worst market abuse regulator in EU

Cyprus ' worst market abuse regulator in EUNICOSIA–Already under fire for the sale of residence permits and European Union passports without properly vetting applicants...

US sanctions against three Cypriot companies

The Office of Foreign Asset Control (OFAC), which monitors corrupt individuals and their networks across various countries in Europe, Asia and Latin America, has...

President expresses satisfaction over strict CySEC checks, fines of €7.5 million...

Cyprus Securities and Exchange Commission (CySEC) has imposed fines of a value of €7.5 million in 2018, its Chairwoman Demetra Kalogerou told...