CySEC requests early submission of the RBS-F form - SALVUS Funds

28FebFebruary 28, 2020

CySEC requests early submission of the RBS-F form

By SALVUS Team News Regulatory Reporting, Risk Based Supervision Framework Comments Off

Cyprus Securities and Exchange Commission (CySEC) requests early submission of the FBSF-CIF form, while it has released an updated form, version 3. The Cyprus Investment Firms (CIFs) are requested to submit this form electronically, the latest by 15:00 on Tuesday, 31st of March, 2020, instead of July.

The Form must be completed and successfully submitted to CySEC by all CIFs that were authorised by December 31, 2019, including the firms that have not made use of their authorization. These changes enhance reporting in identifying money laundering or terrorism financing.

There will be no extension to the deadline. Any CIF that will not comply, will have to bear administrative penalties as of section 37(5) of the Law.

SALVUS team can assist you to complete and submit this form. You can contact us through our website or directly at info@salvusfunds.com.

Our team is ready to find a solution to your challenge. Talk to us.

Members of the Global Institute of Internal Auditors (IIA). Member of the Cyprus Institute of Internal Auditors (Cyprus IIA) Research and Training Committee. Members of the Cyprus Investment Funds Association (CIFA) and the Association’s Fintech Committee. Member of the Cyprus Blockchain Technologies (CyBT) think-tank. Certified Actuarial Analyst (CAA) by the Institute and Faculties of Actuaries (IFoA). Certified Persons and Certified Anti-Money Laundering (AML) Officers in the Public Register of the Cyprus Securities and Exchange Commission (CySEC). Instructors on Compliance, Regulation & Internal Audit at the Institute for Professional Excellence (IforPE).

SALVUS Funds Licensing, Compliance & Internal Audit is the fastest-growing Regulatory Compliance boutique advisory for CFD brokers, EMI, payment institutions, investment funds, and crypto-asset services providers (CASP). As a premium brand, we are committed to elevating the communication of developments in the jurisdictions we service through all relevant channels using the #StayAhead, #WeAreSALVUS, #YouAreSALVUS, and #GrowWithSALVUS hashtags we created and consistently use them where applicable. We coined the trade marks of Business Athletes™ to refer to potential career candidates with us and our clients and The Most Complete™ series of regulatory compliance online courses.

SALVUS Funds is protected under two registered European trade marks. The trade mark registration numbers for the logo and the word mark are 018854839 and 018854882, respectively. These trade marks are protected under the European Union’s legislation.

SALVUSFunds Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (license no. 225/196).

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