In an environment with increasing regulatory focus, it is critical for Cyprus Investment Firms ('CIFs') to have in place policies, processes and procedures that are compliant with and satisfy the requirements of the Regulator in an effective and efficient manner. To this effect, many market participants are nowadays performing focused 'health check' compliance reviews of their operations to identify areas where changes or adjustments need to be implemented to comply with CySEC Laws, Directives and recent Circulars, and to ensure the appropriate treatment of their customers and other associates, thus avoiding issues that may result in business, reputational and/or financial detriment.
Such Compliance Reviews can address in a very focused and customised manner a number of areas, including, but not limited to:
PwC Cyprus has a dedicated team of local experts with experience in Compliance Reviews, who work closely with our global network of specialists to provide you with tailored advice and support on how to comply with CySEC requirements in an efficient and effective manner. Services in relation to Compliance Reviews include: