In the May of 2018, the General Data Protection Regulation (GDPR), agreed upon by the European Parliament and Council in April 2016, will replace the Data Protection Directive 95/46/ec as the primary law regulating how companies protect EU citizens' personal data. Organisations which fail to adhere...
The UK’s Financial Conduct Authority (FCA) has revised some of its proposals on implementation of the second Markets in Financial Instruments Directive (MiFID II), issuing its final rules and guidance on the directive. The FCA’s policy statement sets out the ways in which the UK’s policy...
The European Securities and Markets Authority (ESMA) has issued a statement updating on its work in relation to the sale of contracts for differences (CFDs), binary options and other speculative products to retail investors. Among other things the statement mentions that ESMA is discussing the possible...
EIMF is proud to be supporting the upcoming EMEA Payment Risk Forum 2017, taking place in Limassol on Thursday 6 and Friday 7 July. The new dawn and growth of Digital Payments, e-Commerce as well as emerging electronic payment methods such as mobile payments poses huge...
Every organization in the European Union, that even has as little personal information from data subjects as that within its human resources department, will have to get up to speed with the new de facto global data privacy Regulation that will take effect from May...
Last week Steven Maijoor, the chair of the European Securities Markets Authority (ESMA), countered market rumors by confirming that there would be no further delay in the implementation of MiFID II. Speaking during the FIA IDX conference in London, ESMA’s Steven Maijoor eased concerns that the...
The European Union General Data Protection Regulation which comes into force across Europe in May 2018, with its monster sized fines, will catapult the issue of cyber security to the board room. Administrative fines are Everest size at levels like the higher of Euro 20 million...
Accounting and finance are one of the most versatile careers that an individual can enter. Every business needs to have skilled accounting professionals to succeed, to help guide them in making the best decisions about their finances. As a respected professional career, many would expect...
Representatives from the majority of Cyprus Investment Firms participated in an event organised by the two largest Advisory Groups in the sector, K.Treppides & Co and MAP S.Platis, titled Is Cyprus capable of remaining the leading jurisdiction for financial services in EU?. About 250 people listened...
In recent years the core business model of the Professional Service Firm (PSF) has changed dramatically. Globalization and constant competition is reshaping the business landscape. PSFs are unique by the nature of the different services they offer and also differing their structures, employees, organizational culture...