trending Market Intelligence /marketintelligence/en/news-insights/trending/aE-sq1XEb3xaMf0wyaAd4Q2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

ESMA review: Cyprus noncompliant with suspicious deals reporting standards

Digital Banking Battles Will Play Out In Southeast Asias Shopping Cart

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor


ESMA review: Cyprus noncompliant with suspicious deals reporting standards

Cyprus is the most noncompliant among European countries in terms of reporting suspicious transactions, according to a peer review conducted by the European Securities and Markets Authority.

Of the national competent authorities reviewed, that of Cyprus was found to be noncompliant with both the supervision of suspicious transactions and order reports requirements and response to poor-quality or suspected nonreporting of dubious trades and associated enforcement actions. Norway and Romania were also found noncompliant with the supervision of STOR requirements. Liechtenstein is the other country found noncompliant with response to poor-quality or suspected nonreporting of dubious trades and associated enforcement actions.

The authorities in Belgium, France, Italy, the Netherlands, Portugal and the U.K. were found to be fully compliant with at least four of six areas of assessment, ESMA said Dec. 12.

The peer review looked at 31 national authorities. Overall, ESMA said they were "performing well."