Updates

The Cyprus Securities and Exchange Commission (CySEC) has issued Circular C152 in order to inform all Regulated Entities that during 2015 and 2016, several inspections were performed to assess the compliance of the Regulated Entities in relation to the Prevention and Suspension of Money Laundering and Terrorist Financing Law of 2007-2016. 

CySEC has issued the Circular C148 which reminds issuers and persons responsible for drawing up prospectuses that the European Securities and Market Authority ("ESMA") Guidelines on Alternative Performance Measures ("APM") that comes into force on 3 July 2016.

The Cyprus Securities and Exchange Commission ("CySEC") commenced its Web Portal through which the Regulated Entities can submit digitally signed documents/forms/letters to the Commission.

The European Banking Authority ("EBA") published a report on governance arrangements and indicators in recovery plans.

The Cyprus Securities and Exchange Commission ("CySEC") in the context of establishing effective arrangements and procedures for consultation with market participants, has circulated this Paper for consultation in relation to the selection, use and monitoring of liquidity providers/market makers. 

We would like to bring to your attention that the Temporary Tax Assessment for the tax year 2016 is approaching. We urge you to give due consideration to the matter so as to ensure that the payment of the relevant tax liability is performed in a timely manner.

The European Banking Authority ("EBA") has published its fifth annual Customer Trends Report, which provides an overview of the trends observed in 2016.

CySEC would like to inform investors and the general public that it has come to its attention that its logo and contact information continue to be used for several types of financial scam messages and/or letters.

We would like to  bring to your attention to Circular C135 issued by the Cyprus Securities and Exchange Commission ("CySEC") on 6 June 2016 regarding the Statement issued by the European Securities and Markets Authority ("ESMA").

K. Treppides & Co Ltd would like to warn its clients in regards to the possible exit of United Kingdom from the European Union.

The European Banking Authority ("EBA") welcomes the enhancement of the FX Global Code ("the Code") and the publication of its May 2016 update.

The Cyprus Securities and Exchange Commission ("CySEC") issued Circular C130 regarding the monitoring of risks deriving from the possible exit of United Kingdom from the European Union.

We would like to inform you that your Global Regulation partner, K. Treppides & Co Ltd, is participating in the iFXEXPO International 2016 and we would be delighted to welcome you at our booth #9.

We are happy to announce that K. Treppides & Co Ltd and CIIM have jointly developed the Certificate in Financial Services.

The Cyprus Securities and Exchange Commission ("CySEC") has released an updated version of Forms 144-14-06.1

The Credit Rating Regulation ("CRA") Regulation requires issuers, originators and sponsor entities to report information in respect of Structured Finance Instruments.

The Cyprus Securities and Exchange Commission ("CySEC") issued Circular 126 regarding the transposition of Directive 2014/59/EU ("BRRD") of the European Parliament and of the Council into our national legislation.

The Cyprus Securities and Exchange Commission (the "CySEC")  has issued the Circular C125, regarding the leak of documents of the company Mossack Fonseca.

The implementation date of Statutory Instrument ("S.I.") No. 10 "International Financial Services Commission, 2016 and S.I. No. 11 "International Business Companies Regulations, 2016" of Belize has been moved from the 1st of April 2016 to the 1st of July 2016.

Transparency Report 2015

Tax reforms and the introduction of a new concept of domicile are set to enhance Cyprus’ offering and attract more high-net-worth individuals and top-level professionals such as fund managers and investment analysts to relocate to Cyprus, says Kikis Treppides.

Dear Valued Associate, we would like to inform you that your Global Regulation partner, K. Treppides & Co Ltd, is participating in the iFXEXPO Asia -Hong Kong 2016 and we would be delighted to welcome you at our booth #45.

K. Treppides & Co Ltd, the largest independent consulting firm in Cyprus, is pleased to announce the appointment of Ms. Helen Papatheocharous as a Director of the Company, with effect as of 1st of March 2016.

Announcement of Appointment for Partner.

Announcement of Appointment for Principals and Senior Managers

This training course aims at giving an extended overview of the regulatory reporting requirements of Investment Firms in Cyprus under the Internal Capital Adequacy Assessment Process ("ICAAP").

The training courses aim at giving an overview of the upcoming regulatory reporting requirements of Investment Firms in Cyprus.

K. Treppides & Co Ltd, the biggest independent audit and consulting firm in Cyprus, is pleased to announce the following appointments.

The Cyprus Securities and Exchange Commission (CySEC) is an independent public supervisory

The Cyprus Securities and Exchange Committion ("CySEC") has announced the publication of the Form 144-04-12 in relation to the calculation of the annual fees.