CYFA Announcement #01/2024 – Common industry stakeholders letter in relation to the UBO Registry Final Solution

Regarding the subject mentioned above and the recent issues that have arisen with the implementation of the final system, we would like to inform you that CYFA, ICPAC, CyBAR, STEP Cyprus, CCCI, and CIBA jointly communicated to the Department of the Registrar of Companies about relevant industry concerns.  The letter dated 10/01/2024, co-signed by CYFA, ICPAC, CyBAR, STEP Cyprus, CCCI, and CIBA is attached here for your reference.

It is noted that each member is obliged to comply with the circulars/guidelines/announcements of the relevant authorities and regulators. Any information contained in this notification/announcement, or any other notifications/announcements or circulars should be assessed on its own merits.