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The Association would like to inform its members that the Cyprus Securities and Exchange Commission has issued on the 10th May 2022 Circular C511 with regards to the EU Council’s Restrictive Measures against Russia due to its military aggression against Ukraine – Existing Trusts and/or Existing Similar Legal Arrangements. To read the relevant Circular please...
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In relation to the new version of the Form RBSF-ASP Version 5, CYFA following relevant communication with CySEC would like to inform its members of the following (as communicated to the Association by CySEC on the 9th May 2022): I. CySEC wishes to replace/amend questions 2.6 and 2.7 of Section E of the version 5...
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The Association would like to inform its members that the Cyprus Chamber of Commerce and Industry (CCCI) is now an Honorary Member of CYFA. This positive development is expected to further strengthen the cooperation between the two organisations and allow for more initiatives to be undertaken for the benefit of the industry. For the official...
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The Association would like to inform its members that the Cyprus Securities and Exchange Commission has issued on the 15th April 2022 Circular C501 with regards to the EU Council’s Restrictive Measures against Russia due to its military aggression against Ukraine. To read the relevant Circular please click here. The Association will continue to update...
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The Association would like to inform its members that The Institute of Certified Public Accountants (ICPAC) has issued on the 13th April 2022 Compliance Circular 10/2022 [CC 10_2022] with regards to the Fifth package of sanctions imposed against Russia. To read the relevant Circular please click here. The Association will continue to update you on...
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The Cyprus Fiduciary Association would like to inform its members that as part of its social and corporate responsibility efforts and initiatives, a relevant donation has been provided to the Youth Section of the Cyprus Red Cross Society. The donation was presented by CYFA’s General Manager, Christoforos Ioannou, to Youth Officer, Andrea Loizou, at the...
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The Association would like to inform its members that the Ministry of Finance has issued on the 13/04/2022 a new announcement regarding the implementation of measures against Russia. To read the relevant Ministry Announcement please click here. The Association will continue to update you on any further developments.
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CYFA would like to inform its members that the Cyprus Securities and Exchange Commission (CySEC) has issued on the 12th April 2022 Circular C499 in relation to the new version of the Form RBSF-ASP Version 5. As indicated in the Circular, CySEC will use this information for the purposes of conducting statistical analyses, risk management...
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The Association would like to inform its members that the Cyprus Bar Association has provided on the 12th April 2022 specific clarifications in relation to the 5th package of EU restrictive measures against Russia. To read the relevant announcements of the Cyprus Bar Association please click here and here. For the relevant European Council Regulations...
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The Association would like to inform its members that the European Commission has agreed on the 8th April 2022 on a 5th package of restrictive measures against Russia. To read the relevant EU announcement please click here. For the relevant European Council Regulations and Decisions please click here. The Association will continue to update you...
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