Resumen de Cyprus: : CySEC circular on reporting requirements.
The article reports on the circular issued by the Cyprus Securities and Exchange Commission (CySEC) on reporting requirements for companies providing administrative and corporate services (ASP). It states the provision of Article 22 of the Administrative Services and Related Matters of 2012 (ASP Law) governing the preparation of financial statement. The reporting requirement for regulated entities under the Prevention of Money Laundering and Terrorist Financing Directive is stated.
