Cyprus: : Proposed ASP Law amendments

• Autores: Elias Neocleous
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 33, Nº. 4, 2014, págs. 19-20
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The Cyprus Securities and Exchange Commission (CySEC) has announced a number of proposed amendments to the Laws Regulating Companies providing Administrative Services and Related Matters of 2012 and 2013 (the ASP Law), following discussions between the Ministry of Finance, the troika of providers of international financial support to Cyprus, and the competent authorities (namely, the Cyprus Bar Association, the Institute of Certified Public Accountants of Cyprus and CySEC). The proposed amendments aim to address practical issues that have emerged, and to meet the requirements of the Memorandum of Understanding with the troika.