Cyprus has a stable, reliable, and mandatory legal framework within Europe. The regulations by the Cyprus International Financial Services Association (CIFSA) for Regulation & Complaints are:
- The Financial Action Task Force on Money Laundering (FAFT)
- The Organisation for Economic Co-operation and Development (OECD)
- Ministry of Finance, Insurance Stability (FSB).
European Union (E.U.) mandatory compliance regulations are imposed by three Cyprus Legal regulators:
- Cyprus Securities and Exchange (CYSEC)
- The Central Bank of Cyprus (CBC)
- The Office of the Superintendent for Insurance Control (OSIC).
TO STAY AHEAD OF FINANCIAL CRIME
RAPTOR comply with the legal and regulatory framework of Cyprus. Please read our policies below.
- We also recommend Comply Advantage who are leaders in the financial industry’s leading source of AI-driven AML compliance solutions and AML data.
RAPTOR recommend applicants review our online privacy and data protection and cookie policies during the onboarding application process.
Click our online downloads here. N.B. RAPTOR undertakes a full compliance assessment of each application to ensure the applicant meets the imposed E.U. compliance regulation standards to include KYC, AML, FATCA & CRS Account Holder Verification compliance| IRS certification.