Funds in Cyprus – The benefits
March 30, 2022
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The Financial Services Growth Sector in Cyprus has attracted significant amounts of Foreign Direct Investment (FDI). This also includes funds from the European Bank for
Meet us in Forex Expo 2022
March 21, 2022
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We are excited to announce that we will speaking at Forex Expo 2022. What is Forex Expo? This is a global interactive B2B event in
Non-fungible Tokens (NFTs) and Money Laundering
March 16, 2022
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Most people probably know as much about NFTs today as they did when the technology first appeared in 2014 — which is to say, not
Cryptocurrencies and AML. How to stay compliant
March 10, 2022
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Since their inception, cryptocurrencies have exploded as an alternative way to trade currency. However, many stakeholders still do not understand cryptocurrency or its impact on
Russian Sanctions and the obligations of CySEC Regulated Entities
February 28, 2022
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Sanctions regimes against Russia are changing fast. The three main sanctions regimes targeting Russia so far are the United States, European Union & the United
2021 MLCO Report – Previous findings and Guidance
February 23, 2022
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As we enter into the reporting period, CX Financia’s Compliance team has produced a helpful overview of the previous year’s reporting. This will help you
Register of Ultimate Beneficial Owners (“UBOs”) Updates
February 15, 2022
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The Registrar of Companies and Intellectual Property Department has recently conducted an information campaign. The campaign was inviting all legal entities in the Registrar of
CySEC’s requirements for Heads of Compliance and MLCOs
February 15, 2022
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Cyprus Securities and Exchange Commission (the “CySEC”) from time to time performs onsite inspections to its Regulated Entities to assess their compliance with the Prevention
Redefining threshold criteria of “Significant CIFs”
February 14, 2022
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The Cyprus Securities and Exchange Commission (CySEC) has redefined the threshold criteria that determines a ‘significant CIF’, in light of the new Prudential Law. The
Cyprus Investment Firms (CIFs) – All you need to know
February 1, 2022
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The financial sector in Cyprus is continuously growing. Our company has been successfully obtaining licences for our clients for the authorisation of Investment Firms (CIFs), Investment Funds (AIFS and