CySEC Directive: Reporting for AMLA Supervision
The Cyprus Securities and Exchange Commission (CySEC) has issued an urgent directive requiring all regulated entities to submit specific information to support the identification of firms for future direct supervision by the Anti-Money Laundering Authority (AMLA). This new reporting process represents a vital step in preparing for the first selection cycle of entities that will fall under direct oversight from 2028 . The requirement applies to a broad range of regulated entit
The Cyprus Securities and Exchange Commission (CySEC) has mandated that all entities authorized by December 31, 2025, must submit specific data. This directive is crucial for identifying firms that will undergo direct supervision by the Anti-Money Laundering Authority (AMLA) starting in 2028. The reporting requirement extends to investment firms, crypto-asset providers, and collective investment management companies, including those authorized but not yet operational.
Firms must use a standardized template from the AMLA website to report information for the 2025 calendar year. Submissions are due by June 26, 2026, to CySEC's risk statistics department. Compliance is essential, as failure to submit the required documentation promptly may lead to administrative penalties, and CySEC will not send reminders.
This new reporting process is a critical preparatory step for enhanced anti-money laundering oversight by a new authority, impacting a wide range of financial service providers in Cyprus.
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