compliance-officer money laundering

Beginning of a new year – Important regular tasks of the Money Laundering Compliance Officer

Introduction The beginning of the year often marks a stressful period for the Money Laundering Compliance Officers (MLCO) and Obliged Entities under the relevant Prevention and Suppression of Money Laundering Activities Law (or equivalent “AML Law” of the specific jurisdiction under which the legal entity operates) as there are various regulatory requirements. Some of the…

Court Permission for a legal action against a Liquidated Company

Company Liquidation Company liquidation is a legal procedure triggered when a company faces difficulty repaying its debts. It offers a fresh start to those burdened by financial obligations. Usually, it commences with the debtor submitting a request, although creditors can also instigate it. Throughout this procedure, the debtor’s belongings are evaluated, and certain assets may…

Family Reunification of Third Country Nationals

Family Reunification Permit in Cyprus – Family members of third-country national employed in Companies of Foreign Interest Introduction In order to preserve family unity, third-country nationals with residence and employment permits are able to exercise their right to Family Reunification for their family members (spouse and minor children), provided that the relevant conditions of the Aliens and…

fintech summit

Cyprus FinTech Summit

Vasiliou & Co LLC attended as sponsor the esteemed Cyprus FinTech Summit on September 1, 2023, hosted at the prestigious Carob Mill in Limassol. This summit, organized by XValley Technologies, brought together a distinguished group of industry-leading fintech innovators at the forefront of the fintech landscape. Distinguished speakers from both Cyprus and abroad have participated…