With one week to go until the end of the Brexit transition period, the FCA is urging financial services companies to ensure they are ready.
CySEC – Circular 418
The Cyprus Securities and Exchange Commission has issued a Circular 418 on 27th of November 2020, with subject of (Enhancement of procedures regarding safeguarding of client funds held by CIFs)
FCA UK – Cutover plan for firms migrating to FCA FIRDS and FITRS after the Brexit transition period
At the end of the transition period on 31 December, the EU Securities & Markets Authority (ESMA) will switch off the FCA’s access to 2 key systems that are needed to operate the MiFID regime.
FSA Seychelles – Circular No 13 of 2020
FSA Seychelles’ Circular No 13 notifies stakeholders of accepting electronically signed documents, aligning with Seychelles’ legislation for digital signature adoption.
CySEC – Circular 416
The Cyprus Securities and Exchange Commission has issued a Circular 416 on 10th of November 2020, with subject of (Business relationship with persons who have acquired Cypriot citizenship under the Cyprus Investment Program (CIP)), which relates to the following Regulated Entities.
CySEC – Circular 410
CySEC’s Circular 410 guides regulated entities on submitting information as per the ESAs Joint Guidelines on AML/CFT cooperation and information exchange.
CySEC – Circular 419
The Cyprus Securities and Exchange Commission has issued a Circular 419 on 2nd of December 2020, with subject of (Regulation (EU) No 2017/2402 on creating a single framework for simple, transparent and standarised securitisation), which relates to the following Regulated Entities.