Newsletters


June
2020

An amendment to article 9B of the Income Tax Law (ITL) was published on 16 June 2020 in the Official Gazette, in relation to the Notional Interest Deduction (NID), in order to comply with the European Commission recommendations.

June
2020

The present Circular is issued pursuant to section 25(1)(c)(ii) &(iii) of the Cyprus and Exchange Commission Law ("the CySEC Law").

June
2020

On 2 June 2020, the House of Representatives voted an amendment in respect to tax relief on taxes relating to rental income, in order to support the Cyprus economy. The amendment provides a tax incentive to landlords that voluntarily reduce the rental amount charged to tenants (individual or company).

June
2020

The European Securities and Markets Authority ("ESMA"), the EU’s securities markets regulator, has submitted a response to the European Commission’s ("EC") consultation on a revision of the Non-Financial Reporting Directive ("NFRD"). 

June
2020

We would like to inform you that the Minister of Finance has granted an extension to the deadline for submission of the 2019 Income Tax Returns (T.D.1).

June
2020

The European Banking Authority ("EBA") launched a consultation on draft Regulatory Technical Standards ("RTS") on the capitalisation of non-modellable risk factors ("NMRFs") for institutions using the new Internal Model Approach ("IMA") under the Fundamental Review of the Trading Book ("FRTB"). 

May
2020

Extension to the deadline for submission of the 2018 Income Tax Return.

May
2020

The Cyprus Securities and Exchange Commission ("CySEC") wishes to inform the CIFs that the European Securities and Markets Authority ("ESMA") has published on 6 April 2020, the Guidelines on standardised procedures and messaging protocols ("the Guidelines").

May
2020

The European Securities and Markets Authority ("ESMA"), the EU securities markets regulator, publishes the first complete risk dashboard for 2020, and highlights the very high risks in all areas of ESMA’s remit. 

May
2020

The European Banking Authority ("EBA") welcomed the EU Commission’s action plan on anti-money laundering and counter terrorist financing ("AML/CFT").

Publications


FEBRUARY ICAS Newsletter - Issue 07/2021
The European Banking Authority ("EBA") published its final draft Implementing Technical Standards ("ITS") on the disclosure of indicators of global...
22 February 2021
FEBRUARY ICAS Newsletter - Issue 06/2021
The Cyprus Securities and Exchange Commission ("the CySEC") wishes with the present, which is issued pursuant to paragraph 37A of...
17 February 2021
FEBRUARY ICAS Newsletter - Issue 05/2021
With the entry into force of the Investment Firms Regulation (EU) 2019/2033 ("IFR") and Investment Firms Directive (EU) 2019/2034 ("IFD")...
08 February 2021
JANUARY ICAS Newsletter - Issue 04/2021
The European Insurance and Occupational Pensions Authority ("EIOPA") published the second paper in a series of papers on the methodological...
01 February 2021
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