CBC introduce sharpers rules against the so-called “Shell and Letterbox Companies”, by Andreas Vladimirou


The central bank of Cyprus has redefined the definitions of the so-called “shell and letterbox companies”, in an attempt to tighten the directive for the prevention of Money Laundering and Terrorist Financing.

13 December 2018

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AUGUST ICAS Newsletter Issue 29/2019
The European Banking Authority ("EBA") published an opinion on the implementation of the Deposit Guarantee Schemes Directive ("DGSD") in the...
12 August 2019
AUGUST ICAS Newsletter Issue 28/2019
The European Banking Authority ("EBA") launched a public consultation on draft Guidelines ("GLs") on the determination of the weighted average maturity...
05 August 2019
JULY ICAS Newsletter Issue 27/2019
The European Banking Authority ("EBA") published an updated list of Common Equity Tier 1 ("CET1") instruments of EU institutions.
29 July 2019
JULY ICAS Newsletter Issue 26/2019
The European Banking Authority ("EBA") published the findings of its analysis on the regulatory framework applicable to FinTech firms when accessing...
22 July 2019
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