The MOSS system is applicable across all EU Member States and enables businesses to remain registered only in their Member State of identification instead of registering for VAT to all Member States in which the private customers are located.
The MOSS system is applicable across all EU Member States and enables businesses to remain registered only in their Member State of identification instead of registering for VAT to all Member States in which the private customers are located.
The International Monetary Fund ("IMF"), Financial Stability Board ("FSB") and Bank for International Settlements ("BIS") released a new publication on Elements of Effective Macroprudential Policies.
BIS is investigating the importance of the housing based collateral lending channel on firm borrowing, investment and employment, focusing on small firms in France, Italy, Spain, and the United Kingdom.
The Cyprus Securities and Exchange Commission ("CySEC") wishes to inform the Cyprus Investment Firms ("CIFs") that the procedure for the submission of supporting documentation for CRD forms has changed.
The Financial Services and Markets Authority ("FSMA") would like to draw your attention to the Regulation with regards to the distribution of Over the Counter ("OTC") Derivatives in the territory of Belgium.
We would like to remind you that the Temporary Tax Assessment for the tax year 2016 is approaching. We urge you to give due consideration to the matter so as to ensure that the payment of the relevant tax liability is performed in a timely manner.
The European Banking Authority ("EBA") published the results of the EU wide stress of 51 banks from 15 EU and EEA countries covering around 70% of banking assets in each jurisdiction and across the EU.
The Cyprus Securities and Exchange Commission (CySEC) has issued Circular C152 in order to inform all Regulated Entities that during 2015 and 2016, several inspections were performed to assess the compliance of the Regulated Entities in relation to the Prevention and Suspension of Money Laundering and Terrorist Financing Law of 2007-2016.
CySEC has issued the Circular C148 which reminds issuers and persons responsible for drawing up prospectuses that the European Securities and Market Authority ("ESMA") Guidelines on Alternative Performance Measures ("APM") that comes into force on 3 July 2016.
The Cyprus Securities and Exchange Commission ("CySEC") commenced its Web Portal through which the Regulated Entities can submit digitally signed documents/forms/letters to the Commission.