8th GBCY international webinar

“Is London still the World’s Global Financial Centre? Is Cyprus an alternative destination for Londoners?” webinar highlights

CX Financia proudly participated in the Great Britain – Cyprus Business Association’s 8th international webinar on the 22nd of June. Among the topics discussed, was the impact of Brexit on the enforcement of judgements between Cyprus and the EU, and what are the alternatives; this raised a lot of questions from the audience and the…

CySEC

CySEC C432 – Opinion of the European Banking Authority on the risks of money laundering and terrorist financing

Circular 432 of CySEC informs the Regulated Entities (CIFs, ASPs, UCITS Management Companies, Internally Managed UCITS, AIFMs, Internally Managed AIFs, Internally Managed AIFLNPs and Companies with the sole purpose the management of AIFLNPs) of the following: The European Banking Authority (EBA) published its Opinion on the risks of money laundering and terrorist financing (ML/TF) affecting…

New Marketing Conditions in Germany – C208

In accordance with Circular 208 – BaFin’s General Administrative Act regarding the restriction of marketing, distribution and sale of financial contracts for difference (CFDs) should they have an additional payments obligation, to retail clients in the territory of Germany, CySEC informs Cypriot Investment Firms to adjust their business models and marketing campaigns to include the…