REGULATORY COMPLIANCE & AML
Due Diligence, KYC, AML are all common terms used in the Financial services world. As new laws and regulations are introduced, their requirements challenge Boards to greater levels of transparency, objectivity and professionalism.
Increased accountability and potential exposure to liability means directors need to ensure that corporate governance standards are adhered to and robust compliance management systems are in place.
Currently there are more than 200 firms regulated by the Cyprus Securities and Exchange Commission (“CySEC”) whether they are Investment Firm or Administration Service Provides or Funds. Therefore, considering the complexity of the Regulatory Framework together with the ever growing sector and extension of Services which Regulated Firms offer, it is both prudent and advisable that proactive measures are taken to ensure that compliance with the regulations is adhered to.
Together with the evolution of the world of Financial Services come the challenges which the Regulated entities must face, adapting to new regulations and requirements together with the increased cost of Risk and Compliance, it becomes obvious that Financial Services require dedicated partners who can provide them with up to date and cost efficient solutions.
We help Cyprus Investment Firms to confidently navigate regulatory changes, addressing their needs for integrated and practical solutions that cover the entire regulatory agenda and beyond. These changes need to deliver real and significant benefits to their business as a whole.
WHO WE WORK WITH
CYPRUS INVESTMENT FIRMS
ALTERNATIVE INVESTMENT FUNDS
ADMINISTRATION SERVICES PROVIDES
- Advise on AML and Compliance procedures and drafting of the Manuals.
- Drafting and Submitting the Application before the CySEC.
- On going Legal Support during the setting up stage as well as for the Day to Day running of your Regulated Entity.
- Review of Contracts and Manuals.
- Recruitment of Specialized managers, directors, and other personnel.