CYFA Announcement #06/2024 – Issues related to Cyprus Beneficial Ownership Register of Express Trusts and Similar Legal Arrangements (CyTBOR)

Concerning the CyTBOR Trust Registry, please find attached CySEC’s latest response to the issues raised by CYFA and STEP Cyprus through their letter dated 12th September 2022. Both letters are attached for your reference and consideration.

The Association will keep you updated on any further updates.

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.