International

The Business Support Centre has issued new guidance concerning registration in the Business Support Centre Register. The new framework clarifies the eligibility criteria, registration procedure, investment requirements and ongoing compliance obligations applicable both to companies seeking registration and to companies already registered under the former framework. This is extremely important as employees of these companies

The Cyprus Securities and Exchange Commission (CySEC) has recently issued Regulatory Administrative Act 243/2026, tightening the framework that governs the register of beneficial owners of express trusts and similar legal arrangements. This amendment further refines Cyprus’ anti‑money laundering (AML) architecture and limits to CyTBOR, the Cyprus Trusts Beneficial Owners Registry. Key changes to CyTBOR The

The Central Bank of Cyprus (“CBC”) imposed a €750,000 administrative fine on Banque SBA Cyprus following findings from a supervisory examination carried out in 2023. The decision was taken on 29 September 2026 and announced on 30 September 2026. The decision is a reminder that AML/CFT compliance is judged not only by the existence of

We designed our Outsourced AML Compliance service in order to help obliged entities in Cyprus meet their AML obligations efficiently and with confidence, allowing them to spend their most productive time expanding their business. Under the evolving EU and Cyprus regulatory framework, businesses face increasing pressure to maintain robust AML systems, conduct thorough CDD, and

A recent legal clarification in Cyprus has changed long-standing practice regarding property transactions and how encumbrances are handled by the Land Registry. No obligation to Notify Buyers at Filing Stage: A court-backed interpretation, confirms that the Land Registry Department is not required to inform buyers of property encumbrances (mortgages, memos, etc.) when a sale contract

Building and maintaining an in-house AML compliance function requires significant investment in staff training, systems, and ongoing monitoring capabilities. For many firms, especially smaller practices and growing businesses, this can stretch resources thin and divert attention from core operations. Outsourcing your AML compliance offers three key advantages: ✅ Cost efficiency: Access expert compliance support without