AML & Compliance
Licenced and authorised entities need to abide by the provisions of the Directives of their respective supervisory authorities in regards to Anti-Money Laundering and Terrorist Financing prevention.
- Cyprus Securities & Exchange Commission – AML Directive
- Institute of Certified Public Accountants of Cyprus – AML Directive
- Cyprus Bar Association – AML Directive
The Compliance Calendar states the annual reporting obligations of licenced entities under the supervision of the Cyprus Securities & Exchange Commission.
Obtaining an ASP licence
All Administrative Services Providers (fiduciary firms) need to obtain a licence from the Cyprus Securities & Exchange Commission (CySEC). Relevant Application Forms and other reporting material can be found here.
Lawyers and accountants who are exempted from the Law still need to register with their respective bodies in order to be authorised to provide administrative services.