The Cyprus Securities and Exchange Commission (‘Commission’) has issued a circular to inform the market as to its findings in relation to the prevention of money laundering and terrorist financing following its on–site inspections that were carried out to regulated entities during 2015-2016.
The Commission urges its regulated entities to review and monitor their internal policies according to its findings subject to the outlined matters as these have been raised by the Commission.
If you wish to review the Commission’s circular you may follow this link.
It is recommended that regulated entities review their internal policies to ensure compliance with the law and the relevant Commission’s directives.
