Regulatory

Blog

Regulatory

The Regulatory Blog is an informal and up to date news and information service of key regulatory developments in our jurisdictions: the BVI, the Cayman Islands, Cyprus and Luxembourg. We intend to include the latest financial services, anti-money laundering, sanctions and related developments within our remit.

Contributors

Aki Corsoni-Husain
Aki Corsoni-Husain
  • Aki Corsoni-Husain

  • Partner
  • Cyprus
George Apostolou
George Apostolou
  • George Apostolou

  • Partner
  • Cyprus
Chiara Deceglie
Chiara Deceglie
  • Chiara Deceglie

  • Partner
  • Luxembourg
Massimiliano della Zonca
Massimiliano della Zonca
  • Massimiliano della Zonca

  • Senior Associate
  • Luxembourg
Philip Graham
Philip Graham
  • Philip Graham

  • Partner
  • British Virgin Islands
Ayana Hull
Ayana Hull
  • Ayana Hull

  • Counsel
  • British Virgin Islands
Katerina Katsiami
Katerina Katsiami
  • Katerina Katsiami

  • Associate
  • Cyprus
Petros Kiteos
Petros Kiteos
  • Petros Kiteos

  • Associate
  • Cyprus
Andrew Knight
Andrew Knight
  • Andrew Knight

  • Partner
  • Luxembourg
Joshua Mangeot
Joshua Mangeot
  • Joshua Mangeot

  • Counsel
  • British Virgin Islands
Mirza Manraj
Mirza Manraj
  • Mirza Manraj

  • Counsel
  • Hong Kong
Elina Mantrali
Mirza Manraj
  • Elina Mantrali

  • Associate
  • Cyprus
Vanessa Molloy
Vanessa Molloy
  • Vanessa Molloy

  • Partner
  • Luxembourg
Andrea Moundi Savvides
Andrea Moundi Savvides
  • Andrea Moundi Savvides

  • Consultant
  • Cyprus
Marina Stavrou
Marina Stavrou
  • Marina Stavrou

  • Associate
  • Cyprus
Matt Taber
Matt Taber
  • Matt Taber

  • Partner
  • Cayman Islands
Carolynn Vivian
Carolynn Vivian
  • Carolynn Vivian

  • Senior Associate
  • Cayman Islands

CSSF on SFDR special accelerated procedure

On 5 February 2021, the Commission de Surveillance du Secteur Financier (CSSF) issued a press release as a reminder that UCITS management companies and alternative investment fund managers will have to comply with Regulation (EU) 2019/2088 on the publication of information on sustainability-related disclosures in the services sector on 10 March 2021.

Vanessa Molloy

Luxembourg digitalises the AML/CFT Market Entry Form (Funds and IFM)

On 8 February 2021, the Commission de Surveillance du Secteur Financier (CSSF) issued a communication on the digitalisation of the AML/CFT Market Entry Form (the Form). CSSF is aiming at collecting standardised key information in relation to money laundering and terrorist financing risks (ML/FT risk), the Form will have to be completed and submitted through the CSSF’s eDesk portal as from 15 February 2021.

Vanessa Molloy

Update on the EU’s Markets in Crypto-Assets Regulation

On 24 September 2020 the European Commission released a 168-page proposal for its long-anticipated pan-EU Markets in Cryptoassets (MiCA) Regulation. The MiCA Regulation forms part of the Commission’s Digital Finance Package, setting out new measures designed to support the development of distributed ledger technologies in the EU.

Aki Corsoni-Husain, Marina Stavrou,
Victor Le Pape

EU: Alexandr Lukashenko and 14 other officials sanctioned

On 6 November 2020, EU Council added 15 members of the Belarusian authorities, including Alexandr Lukashenko as well as his son and national security adviser Viktor Lukashenko, to the list of individuals sanctioned in relation to the violent repression and intimidation of peaceful demonstrators, opposition members and journalists after the 2020 presidential election in Belarus by adopting Council Implementing Regulation (EU) 2020/1648 and Council Implementing Decision (CFSP) 2020/1650.

Aki Corsoni-Husain