SALVUS successfully registers two new CASP entities under CySEC

We celebrate two new successful registrations of our clients, as a Crypto-Asset Service Providers (CASP) under the Cyprus Securities and Exchange Commission (CySEC).

The CASP registration framework introduced by CySEC in September 2021 mandates businesses intending to provide crypto asset services in or from Cyprus to formally register their activities. CySEC, as the designated anti-money laundering and countering the financing of terrorism (AML/CFT) authority, oversees the registration and supervision of crypto-asset activities in Cyprus, ensuring compliance with regulatory standards.

“We are thrilled to announce two more successful registrations for our clients as a CASP entities under CySEC. Our team’s diligent efforts and expertise have enabled us to navigate through the complexities of the registration process.” said Evdokia Pitsillidou, Risk & Compliance Director at SALVUS Funds.” This achievement further demonstrates our commitment to providing top-notch regulatory compliance services in the cryptocurrency industry.”

The registration process involved meticulous documentation and adherence to specific criteria outlined by CySEC. SALVUS demonstrated its dedication by guiding ourclients through the preparation of a comprehensive business plan, detailing organizational structure, evidencing financial stability, and implementing robust AML/CFT procedures.

Join us in celebrating this milestone for the regulated crypto-assets services provision space. Our commitment to providing tailored solutions to meet the unique needs of each client, is required to ensure smooth and successful licensing and regulatory compliance processes. SALVUS offers a range of services to assist businesses in navigating the regulatory landscape, including guidance on CASP registration, documentation assistance, and ongoing compliance support.

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