Newsletters


April
2019

The European Securities and Markets Authority ("ESMA") has announced that it has adopted new recognition decisions for the three central counterparties ("CCPs") and the central securities depository ("CSD") established in the United Kingdom ("UK").

April
2019

The European Securities and Markets Authority ("ESMA") has issued the official translations of its Guidelines on position calculation by Trade Repositories under EMIR.

April
2019

We would like to bring to your attention that the Cyprus Tax Department (CTD) has issued on 22 March 2019 the Common Circular Number 4 (hereafter “the Circular”), announcing the reactivation of the pleasure yacht leasing arrangement that was previously put on hold as from 25 April 2018.

March
2019

The Prudential Regulation Authority ("PRA"), Financial Conduct Authority ("FCA") and European Banking Authority ("EBA") announced that they have agreed a template Memorandum of Understanding ("MoU").

March
2019

The European Banking Authority ("EBA") published its annual Report on the convergence of supervisory practices in the EU.

March
2019

The European Banking Authority ("EBA") published its final Guidelines specifying how institutions should quantify the estimation of loss given default ("LGD") for conditions of an economic downturn.

March
2019

The Financial Conduct Authority ("FCA"), has published near-final rules and guidance that will apply in the event the UK leaves the EU without an implementation period.

February
2019

The Financial Conduct Authority ("FCA") has announced the appointment of Wanda Goldwag as the new chair of the independent Financial Services Consumer Panel.

February
2019

Domestically, the Bank co-operates with both the Financial Conduct Authority ("FCA") and Payment Systems Regulator ("PSR") in relation to supervising financial market infrastructure ("FMI") and payment systems respectively. 

February
2019

On 5 December 2017, the Council of European Union adopted several changes regarding the place of supply rules for telecommunications, broadcasting and electronically supplied services as well as to the Mini One Stop Shop (MOSS) scheme which can be used to declare and pay VAT in a Member State on supplies of these services to non-taxable persons.

Publications


JUNE ICAS Newsletter - Issue 76/2020
The European Banking Authority ("EBA") published its final Guidelines on the treatment of structural FX positions.
06 July 2020
JUNE DIRECT TAX Newsletter - Issue 09/2020
We would like to bring to your attention that the deadline for the first temporary tax installment for the tax...
29 June 2020
JUNE ICAS Newsletter - Issue 75/2020
The present Circular is issued pursuant to section 25(1)(c)(ii) & (iii) of the Cyprus Securities and Exchange Commission Law ("the...
29 June 2020
JUNE INDIRECT TAX Newsletter - Issue 03/2020
We would like to inform you that on the 23 June 2020 it was published in the Official Gazette of...
25 June 2020
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