FCA Discussion Paper – Improving the UK transaction reporting regime
The blog post discusses recent proposals by the UK Financial Conduct Authority (FCA) to amend the MiFIR transaction reporting regime in light of the UK’s regulatory divergence from the EU […]
ESMA Consultation Paper – Review of RTS 22 on transaction data reporting under Art. 26 and RTS 24 on order book data to be maintained under Art. 25 of MiFIR
The blog post discusses proposed amendments to the MiFIR transaction reporting regime by the European Securities and Markets Authority (ESMA) as part of the ongoing regulatory divergence between the EU […]
Last Minute Tips before DORA’s Implementation
The Digital Operational Resilience Act (DORA), a landmark regulation focusing on resilience in the financial sector, will come into full effect on January 17, 2025. The Central Bank of Cyprus […]
Risk Management Services for Funds & Fund Managers: Navigating Growth, ESG Compliance & Regulatory Complexity in Cyprus
As Cyprus’ alternative investment sector continues to grow, reaching €11.1 billion in assets under management in 2024, fund managers face a challenging risk landscape and several regulatory uncertainties. With evolving […]
MiCA and Investor Protection: A Comprehensive Framework
The Markets in Crypto-Assets Regulation (MiCA), adopted by the European Union (EU), is a comprehensive legislative framework to regulate the fast-growing crypto-asset market, enhancing investor protection and promoting market transparency. […]
Navigating the EBA Travel Rule Guidelines for Crypto Assets Service Providers
By Athos Myrianthous Executive Director, MAP Fund Management Services (MAP FMS) __________________________________________________________________________________ Origin of the Travel Rule The ‘Travel Rule’ has its origins in wire transfers. The Financial Action Task Force […]
CySEC’s New Remote Onboarding Policy: A Game-Changer
By Thekla Nikolaou Manager, Compliance Support Department In today’s rapidly evolving digital landscape, the way regulated entities interact with and onboard clients is undergoing significant transformation. The latest Policy Statement […]
Updates to Remuneration Requirements for EU Investment Firms
By Panayiotis Antoniou, CEO, MAP Risk Management Services Ltd (MAP RMS) This article discusses the updated remuneration requirements for EU investment firms under the Investment Firm Directive (IFD). Implemented in Cyprus […]
EBA’s 2024 Risk Assessment Report
By Panagiotis Vassiliades Deputy CEO, MAP Risk Management Services Ltd (MAP RMS) The July 2024 Risk Assessment Report (RAR) from the European Banking Authority (EBA) provides an in-depth analysis of the […]
MiFID II and MiFIR Review: Key Changes and Implications
The European Union (EU) is undergoing significant regulatory changes in its financial markets with the recent review of the Markets in Financial Instruments Directive (MiFID II) and the Markets in […]