Assistance in licensing applications for:

  • Cyprus Investment Firms
  • Alternative Investment Funds
  • Administrative Service Provider

Our team will be glad to discuss with you whether you need to be registered to CySEC and if needed to assist you with the licensing application by:

  • Gathering the required documentation of the application, for example, application forms, certificates required, organisational structure, the relevant questionnaires, etc .
  • Preparation of the Business Plan
  • Preparation of Internal Operations Manual
  • Preparation of Anti Money Laundering Manual
  • Know Your Client Procedures
  • Suggestions for Executive and Non-Executive Directors
  • Promoting and follow up the application

Regulatory compliance services

If you are a Company regulated under CySEC, then you need a team with a long term experienced and in-depth knowledge to understand your business model and assist you with your regulatory compliance obligations.

Our team can assist you with the following:

  • Reply to your day to day compliance and regulatory questions.
  • Preparation and submission to CySEC of your compliance reports.
  • Assisting you with the regulatory audits.
  • Assist you to response on Regulator’s questions.
  • Review and identifying potential compliance risks.
  • Keep you up to day with the regulatory changes.
  • Review your business model and activities in order to advise you if they are in compliance with the regulatory provisions.
  • Appointing AML, Risk and Compliance Officer. By doing so a specialist will be dealing with all of the CySEC requirements.

Capital adequacy reporting

A company regulated under CySEC should comply with the capital adequacy requirements.

In a nutshell, a regulated company is required to test its capital against regulatory requirements and maintain minimum level of capital. This ultimate ensures the going concern of the company in order to provide return to the shareholders and benefits for other stakeholders.

Our team can assist you to comply with the regulatory reporting requirements and furthermore can provide recommendations to the management team of how to monitor such reporting and apply internal policies and procedures to meet the specific regulatory requirements.

Internal Audit services

Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.

Our team can assist you with the following:

  • Outsourcing the internal audit activities
  • Creating and implementing the internal audit function
  • Reviewing regulatory compliance
  • Preparation of internal audit reports