Financial Crime World

Title: Navigating Cyprus’ Financial Compliance Regulations: Expertise of Elias Neocleous & Co LLC

Cyprus as an International Financial Hub: Complex Regulatory Landscape

Cyprus, as an EU member state and international financial hub, hosts a intricate regulatory landscape for financial services. Elias Neocleous & Co LLC’s financial services team serves as a trusted partner for both domestic and international clients seeking legal and regulatory guidance in this ever-evolving landscape.

Expertise of Elias Neocleous & Co LLC’s Financial Services Team

  • A team of experienced legal and business professionals
  • Specialists in banking, investment services, capital markets regulation, and funds sector

Banking Regulation

Elias Neocleous & Co LLC provides counsel on the following banking regulations and more:

  • Cyprus Banking Law, Payment Services Law, E-money Institutions Law, and Transfer of Banking Loans Law
  • Central Bank of Cyprus’ directions, regulations, and guidelines
  • EU legislative framework on regulatory capital
  • Banking Recovery and Resolution Directive (implemented locally)

Investment Services and Capital Markets Regulation

Elias Neocleous & Co LLC’s financial services team offers assistance with the following investment services and capital markets regulations:

  1. Advice on MiFID I, MiFID II, and MiFIR Directives
  2. Drafting necessary documentation for swaps and other derivative transactions
  3. Guidance through EU equity and debt capital markets’ market infrastructure environment
  4. Assistance with reporting and other obligations under EMIR & CSDR
  5. Guidance on Cyprus and EU rules regarding listed equity and debt securities under prospectus, public offer and takeover bids laws and Market Abuse regulation

Funds and Collective Investments

Elias Neocleous & Co LLC’s funds advisory team, consisting of financial services, legal, and tax professionals, provides the following services:

  1. Advice on establishment and structuring options
  2. Assistance in obtaining the necessary regulatory license from CySEC and handling application processes
  3. Recommendation of parties involved in fund or collective investment entities and outsourcing of operational requirements
  4. Ongoing legal and tax advice

Additional Resources and Contact Information

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