When acquiring or selling a ready-made company, it’s important that you have a trusted partner by your side who understands the industry, the regulatory framework, and the potential risks involved. Our team at CX Financia will work together with you to identify the most suitable jurisdiction and business model for your goals. Our success lies…
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We are excited to announce that we will speaking at Forex Expo 2022. What is Forex Expo? This is a global interactive B2B event in the Forex industry taking place in Parklane, a Luxury Collection Resort & Spa (Marriot), Limassol, Cyprus for the second time. The legendary show with a 20-year history was organized in hybrid…
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The Cyprus Securities and Exchange Commission (CySEC) has redefined the threshold criteria that determines a ‘significant CIF’, in light of the new Prudential Law. The new circular (c487) amends the previous one (c228). Definition of a “significant CIF” for the purposes of Investment Services Law A CIF that has on and off-balance sheet assets on…
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Description of the Licence The CIF being sold is authorized by CySEC to offer the following services The investment services of: Reception and transmission of orders in relation to one or more financial instruments and Execution of orders on behalf of clients The ancillary services of: Safekeeping and administration of financial instruments, including custodianship and…
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CX Financia Ltd presents the reporting obligations of AIFs and AIFMs (the “Obliged Entities”) for Q1 2022. Obliged Entities need to submit several reports to Cyprus Securities and Exchange Commission (‘CySEC’) and Central Bank of Cyprus (‘CBC’). Month Regulatory Obligations Recipient Description Deadline January Monthly Prevention Statement CySEC portal Submission within 15 days from…
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CX Financia Ltd presents the reporting obligations of Cyprus Investment Firms (‘CIF’) and Crypto-Asset Services Providers (‘CASP’) for Q1 2022. The said entities need to submit several reports to CySEC, CBC and Market Participants. Month Regulatory Obligations Submit through Entity Reference Period Deadline January Complaints Form 144-002-01 TRS CIF, CASP Dec. 2021 05/01/2022 AML Monthly…
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Members of the Cyprus Investment Funds Association (CIFA). Member of the Cyprus-India Association. Our team are Certified Persons in the Public Register of the Cyprus Securities and Exchange Commission (CySEC) and members of ICPAC