By Sandra Nebritova The latest events with the war in Ukraine have shaken the world and had a massive impact on a number of aspects of life, social as well as business.
By Sandra Nebritova The European Commission has presented a new package of changes on the legislation in the approach to Anti-money laundering. This new package consists of four main points and addresses
Businesses based in Cyprus will be obliged to declare their true owners, as Cyprus takes steps to shed its spotty reputation as a money-laundering haven, to protect its fragile economy and to
By Sandra Nebritova This month, the Securities and Exchange Commission (CySEC) published a consultation paper on improving the facilitation of customer due diligence with innovative technologies. This opens a completely new chapter
By Sandra Nebritova It has been several weeks now, that the media is buzzing about the leaked information on the individuals that have managed to obtain Cyprus citizenship. Investigations were quickly opened
By Sandra Nebritova Last week, the Swedish Financial Regulator issued yet another fine to SEB Bank – worth 1 billion Swedish Krona (€95.2 mln), one of the biggest fines in the regulator’s