REGISTRATION PROCEDURE AND REQUIREMENTS

On the 25th of June 2021, the Cyprus Securities and Exchange Commission (“CySEC”) published the Directive on the Register of Cryptoasset Service Providers (“the Directive”). The Directive was adopted in accordance with the powers granted to CySEC under the new Anti-Money Laundering Law 188(I)/2007 (“the Law”)…

Key developments and the introduction of cryptoassets service providers

A. INTRODUCTION

The Cyprus House of Representatives on 18.02.2021 has enacted the long-awaited amending law to the Prevention and Suppression of Money laundering and Terrorist Financing Law 188(I)/2007 thus fully implementing EU Directive 2018/843 of the European Parliament and of the Council of…

INTRODUCTION

The law as to Listed Companies will undergo significant changes upon the implementation of the European Union Directive 2017/828, (hereinafter to referred to as “the Directive”).

As per the Directive, the shareholders of Listed Companies, upon relevant request by the Listed Company they hold shares, will be fully disclosed…

OVERVIEW OF THE REGISTERED ALTERNATIVE INVESTMENT FUND (RAIF)

Contents Page
A. INTRODUCTION
B. WHO CAN BENEFIT FROM THE SET UP OF A FUND
C. WHY SET UP A FUND IN CYPRUS
D. TYPES OF ALTERNATIVE INVESTMENT FUNDS IN CYPRUS
E. THE REGISTERED ALTERNATIVE INVESTMENT FUND (RAIF)
1. Authorisation Process
2. Legal Forms
3. Fund Manager
4. Depositary Requirements
5. Investment…

The term ICO has been at the epicentre of discussions in the FinTech industry, being the main method of fundraising used by startup companies to develop innovative ideas on the Blockchain technology or other applications using Distributed Ledger Technology (“DLT”).

Although bringing a revolutionary change in traditional means of financing…

Christos P. Kinanis

Mr. Kinanis is a practicing Lawyer in Cyprus with 35 years experience in the Law profession. Author of various articles on Legal and Tax matters.

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