Europe · CY
An EU jurisdiction home to a large community of brokers and investment firms, with authorisation routes for payments, e-money and crypto-asset services.
At a glance
Overview
Cyprus hosts a large community of investment firms authorised by the Cyprus Securities and Exchange Commission, many of them serving clients across the EEA through passporting. CySEC is also the competent authority for crypto-asset service providers under MiCA.
The Central Bank of Cyprus authorises payment and e-money institutions. Betting is regulated by the National Betting Authority; online casino games are not licensable in Cyprus. We prepare and manage applications to each authority.
Authorities
Regimes
MiFID II authorisation for brokerage, dealing and portfolio management.
Sectors: Investment
Crypto-asset services authorised by CySEC.
Sectors: Crypto
Authorisation by the Central Bank of Cyprus.
Sectors: Payments
For online betting services; casino games are not licensable.
Sectors: Gaming
Our Regulatory & Licensing practice prepares the applications for these routes and manages them through to the regulator's decision.
Considerations
This overview is general information, summarised at a high level. Requirements change and depend on the specific activity; seek advice on your circumstances before acting.
Industries
Across jurisdictions
Services we support across the jurisdictions in our directory, described once on their own pages. We deliver each to the requirements that apply locally, coordinating local specialists where local law, registration, representation or professional requirements require it.
Support
Insights
Regulatory update
With MiCA's transitional periods over, the question for CASPs serving EU clients is whether their operating model matches the services they were authorised to provide.
6 min read
We look at your product, target clients and banking needs to see whether this jurisdiction fits or another would serve you better, then send a written proposal with scope, timetable and fee.
