The European Securities and Markets Authority ("ESMA") published the results of its Peer Review of the Guidelines on certain aspects of the compliance function under MiFID.
The European Securities and Markets Authority ("ESMA") published the results of its Peer Review of the Guidelines on certain aspects of the compliance function under MiFID.
We would like to inform you that the Tax Department of the Republic of Cyprus has issued on 25 November 2015, Circular No. 198, amending the provisions the Cyprus Yacht Leasing Scheme that was firstly introduced in Cyprus since March 2012.
The European Banking Authority ("EBA") published its sixth updated list of capital instruments that Competent Authorities across the EU have classified as Common Equity Tier 1 ("CET1").
We would like to bring to your attention that the second installment of temporary tax for the year 2017 is due by 31 December 2017.
We would like to inform you that the Cyprus House of Representatives in Cyprus voted on 3 November 2017 a new Law amending the Cyprus VAT Law N. 95(I)/2000 (hereafter ‘the Law’). The new Law was published in the Official Gazette of the Republic of Cyprus on the 13 of November 2017.
The European Banking Authority ("EBA") opened a public consultation on a proposed amendment to the Regulatory Technical Standard 1 ("RTS 1") which details the implementation of the Markets in Financial Instruments Directive ("MiFID II") and Regulation ("MiFIR").
We would like to remind you about obtaining a Legal Entity Identifier ("LEI") before 3 January 2018, the implementation date for Markets in Financial Instruments Directive ("MiFID II") and Regulation ("MiFIR") transaction reporting obligations.
The European Securities and Markets Authority ("ESMA") published 9 opinions on position limits regarding commodity derivatives under MiFID II/MIFIR. ESMA’s opinions agree 9 position limits proposed by the Financial Conduct Authority ("FCA").
Further to our Newsletters Issue 03/2017 and 08/2017, we would like to inform you that the House of Representatives voted an amendment to the Law Regulating the Settlement of Overdue Taxes extending the deadline for the submission of applications to enter into the scheme by 3 months.
The Cyprus Securities and Exchange Commission ("CySEC") wishes to inform Regulated Entities and the Issuers that European Securities and Market Authority ("ESMA") published on 9 October 2017, a briefing regarding the LEI.