The growing fund industry in Cyprus
May 26, 2022
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In just a few years, Cyprus has become one of the top emerging investment fund centers in Europe. At the end of the third quarter
What is economic substance?
July 16, 2020
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An Introduction to Economic Substance: What is it, and why is it important The 2013 financial crisis altered the global tax landscape, with many countries
New Alternative Investment Funds Legislation to Boost Cypriot Funds Industry
July 15, 2018
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On 10th July 2018, the Parliament of the Republic of Cyprus passed significant amendments to the Law 131(I)/2014 on Alternative Investment Funds (AIFs). The amendments
Upcoming double tax treaty between Ukraine and Cyprus
April 11, 2018
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A Double Tax Treaty (DTT) protocol was signed on 11 December 2015 between Cyprus and Ukraine which will replace the 2012 DTT. What is DTT?
Provision of Warnings in Spain – C248
November 3, 2017
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Following Circular C210 CySEC issues Circular C248 – Requirements of the Spanish Securities and Exchange Commission (‘the CNMV’) regarding the provision of warnings on complex
Regulation on Virtual Currencies – C244
October 13, 2017
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As in accordance with CySEC Circular 244 – Trading in virtual currencies and/or trading on contracts for differences relating to virtual currencies, CySEC sets preliminary regulatory
Remuneration Guidelines – C240
October 4, 2017
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With Circular C240 – Guidelines on sound remuneration policies issued by the European Bank Authority, CySEC draws the attention of Cypriot Investment Firms to Guidelines on sound
New Marketing Condition in Latvia – C239
October 4, 2017
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In accordance with Circular 239 – Financial and Capital Market Commission of Latvia (the “FCMC”) – Law on the Financial Instruments Market regarding the natural and legal
New Passporting Guidelines – C233
August 22, 2017
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With the issue of CySEC Circular 233 – MiFID II Main changes in relation to passporting issues and new notification forms, CySEC draws the attention
Redefining threshold criteria of ‘significant CIF’ – Circular C228
July 26, 2017
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CySEC has issued Circular 228 – Redefining threshold criteria of ‘significant CIF’, setting the new criteria for what is consider to be a “significant CIF”