Wealth Management is undoubtedly in a period of constant change, motivated in part by changing investor preferences, regulatory developments, and evolving technologies. As Wealth Managers formulate business and technology strategies, discussions on a variety of areas ranging from how best to select suitable solution partners obtaining the most accurate data, and, choosing the best deployment […]
Implementation of the Ultimate Beneficial Owner (UBO) Register of Companies and Other Legal Entities in Cyprus 2021
Cyprus implemented the full transposition of the 4th European Directive (EU 2015/849) of the European Parliament (4th AML Directive) into domestic law and activated the implementation of the Ultimate Beneficial Owner (UBO) Register of Companies and other legal entities in Cyprus. By definition, a natural person who ultimately holds a shareholding or controlling interest or […]