The Implementation of the Trusts UBO Registry in Cyprus
202107.22
Off
0

The Implementation of the Trusts UBO Registry in Cyprus

Dr. Marina Himoni The Cyprus Securities and Exchange Commission, widely known as CySec, (hereinafter “CySec”), constitutes the competent independent authority in Cyprus for the maintenance and operation of the Trusts Ultimate Beneficial Owner (“UBO”) Registry which became mandatory for all European Member States through the transposition of the 5th Anti – Money Laundering Directive (“the…