AML/CFT: Do you adequately monitor your customers’ transactions?
Over the past few years, transaction monitoring with regard to anti-money laundering (AML) and counter terrorist financing (CFT) has become essential. In October 2019, the three main European Supervisory Authorities […]
All you need to know about the new EU Crowdfunding Regulation
On 5 October 2020, the European Parliament adopted the final text for a “Regulation on European Crowdfunding Service Providers (ECSPs) for Business” (Regulation 2020/1503 or the “Regulation”). The Regulation will […]
The EU’s Whistleblowers Directive
The EU considers that unreported breaches to EU laws in one member state, with lax protections for whistleblowers, due to the cross-border nature of such laws can have a detrimental […]
The European Supervisory Authorities (ESAs) call for improvements in product descriptions on PRIIPs – KIDs
On 10 May 2022 the European Securities and Markets Authority (ESMA) published on its website the Joint ESA Supervisory Statement on expectations regarding the “What is this product?” section of […]
EU Commission adopts delegated and implementing acts developed pursuant to EMIR REFIT
Pursuant to Regulation EU 2019/834 (EMIR REFIT) that empowered ESMA to develop implementing and regulatory technical standards relating to the reporting framework under EMIR, the European Commission adopted the following […]
Cyprus: Hub for Investment Funds
In an article featured on Stockwatch, Complyport EU (formerly MAP S.Platis) Group CEO Demetris Taxitaris, delves into Cyprus’ pivotal role as an investment funds hub, highlighting that a robust regulatory framework, the strong […]
Crypto-assets and their risks for financial stability
In the last few weeks with the ongoing saga of FTX’s sudden bankruptcy and the ripple effects on the entire crypto markets people reasonably wonder whether the shocks will extend […]
Interview of George Markides, Manager, Compliance Support Department, in Stockwatch
George Markides, Manager, Compliance Support Department, provided his insights in Stockwatch. He discussed among others the crypto-assets ecosystem, its risks for investors and the financial stability, as well as the […]
Virtual Assets and Related Activities Regulations (VARA) – Dubai
The Dubai Virtual Assets Regulatory Authority (VARA) has finally issued its highly anticipated Virtual Assets and Related Activities Regulations of 2023. This set of new rules is closely aligned with […]
New Investment Funds Regulations – UAE
The UAE’s Securities and Commodities Authority (SCA) has issued new regulations that enhance the country’s investment funds legal framework and promote the distribution of foreign funds locally. The Investment Funds […]