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Cyprus Implements The 5th AML Directive – Key Developments And The Introduction Of Cryptoassets Service Providers - Technology

A. INTRODUCTION The Cyprus House of Representatives on 18.02.2021 has enacted the long-awaited amending law to the Prevention and Suppression of Money laundering and Terrorist Financing Law 188(I)/2007 thus fully implementing EU Directive 2018/843 of the European Parliament and of the Council of 30 May 2018, ("the 5 th AML Directive"). This new enactment, ("the new Law"), implements the provisions of the 5 th AML Directive that were not already implemented so far into Cyprus Law. With this new ...
Exchange Commission Cy European Parliament Central Bank European Commission Cryptoasset Service Registrar Of Companies
Source: mondaq.com

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