Publication of the latest Central Bank of Cyprus ship management survey

Cyprus is one of the world’s most important locations for ship management, with around 60 ship management companies operating in its territory, several of which rank among the largest of their kind in the world. Cyprus-based ship management companies employ almost 40,000 seafarers including 5,000 EU nationals, and the total fleet managed from Cyprus is […]

CySEC circular on dealings with persons and entities in Iran

The Cyprus Securities and Exchange Commission (‘CySEC’) has issued a circular (C284 dated 5 November 2018) to entities it regulates drawing their attention to a notice issued by the USA authorities regarding dealings with individuals or entities in Iran and reminding them that both the EU Commission and the Financial Action Task Force designate Iran […]