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Regulatory Updates
On August 3rd, 2023, the Cyprus Securities and Exchange Commission (the “CySEC”) issued Circular C593 on New reporting standards under Regulation (EU) 648/2012 on OTC Derivatives, Central Counterparties and Trade Repositories, as amended (‘EMIR’) (the “Circular”). Via the issuance of the Circular, CySEC wishes to highlight new reporting requirements under the European Market Infrastructure Regulation...
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On July 18th, 2023, the Cyprus Securities and Exchange Commission (the “CySEC”) issued Circular C589 on MONEYVAL’s report on money laundering and financing of terrorism risks in the world of virtual assets (the “Circular”).   Via the issuance of the Circular, CySEC informs the Regulated Entities* that MONEYVAL has published a Report on money laundering...
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