Jurisdiction
Cyprus
EU market access with an established regulatory framework for investment firms and forex brokers.
Overview
Regulatory overview
A high-level view of regulatory expectations and market access.
Fit for
Who this jurisdiction is best suited for
Typical profiles and business models that align to this base.
- Brokerages seeking EU passporting routes
- Firms needing MiFID-aligned governance
- Groups looking for cost-efficient EU operations
Typical pathway
Typical licensing pathway
Steps commonly required to move from feasibility to approval.
License mapping
Align the business model to CySEC license categories and permissions.
Governance documentation
Prepare MiFID governance, risk, and compliance documentation.
Submission and engagement
Submit the application and manage regulator questions and follow-ups.
AML obligations
Core AML obligations
Baseline AML expectations regulators will assess.
- Risk assessment and AML policy documentation
- Transaction monitoring with documented review cycles
- Ongoing training and reporting routines
Common pitfalls
Common pitfalls to avoid
Issues that delay approvals or trigger remediation.
- Insufficient governance evidence for senior managers
- Gaps in outsourcing and vendor oversight
- Underestimating capital and substance requirements
Related
Recommended services and industries
Services that typically support applications and operations in this jurisdiction.
Licensing Strategy & Compliance
From pre-application readiness to regulator interviews, we align governance, capital, and operational requirements to secure and maintain licenses.
Legal Advisory & Regulatory Compliance
We translate regulator expectations into clear policies, control ownership, and reporting routines that teams can execute and defend.
Risk Management & Internal Audit
Independent assurance that governance, controls, and reporting stand up to regulator and board scrutiny.
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