As the regulatory landscape continues to evolve, staying informed is essential for maintaining compliance and operational excellence. In the third quarter of 2025, the Cyprus Securities and Exchange Commission (CySEC) issued a series of impactful circulars that reflect the European Union’s broader drive toward transparency, accountability, and sustainable finance.
With this blog post, Christina Andreou, an instructor at the institute, explains the key points and action needed for the CySEC’s 11 circulars issued between July and September 2025. These include key updates on Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT), Prudential Supervision, MiCAR and General Reporting Obligations. Learners are guided through obligations, expectations, and supervisory initiatives relevant to CIFs, Funds, and CASPs.
Towards the end of this blog post, you will find the summary of these 11 Circulars that were issued in the third quarter of 2025. This blog explores the highlights of these regulatory updates and is designed to equip professionals with the practical knowledge needed to navigate these changes confidently.
Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT)
- C721: Information regarding the application of section 62(2) of the Prevention and Suppression of Money Laundering Activities Law 188(I)/2007 (the ‘Law’) regarding the obligation to verify the identity of the customer and the beneficial owner.
- C723: The European Banking Authority has published its fifth Opinion on money laundering and terrorist financing risks affecting the EU’s financial sector.
- C724: The introduction of three new pieces of legislation regarding the issue of Restrictive Measures/Sanctions in the Republic of Cyprus and the urge of Regulated Entities to align their existing measures of detecting such breaches.
- C726: The Financial Services Volunteer Corps (FSVC), with support from US Department of State, has hosted a virtual practical training on sanctions risk mitigation.
- C727: The Council of Europe Economic Crime and Cooperation Division (ECCD) organised a training event specifically designed for business operators on Prevent Misuse of Designated Non-Financial Services Businesses and Professionals (DNFBPs) to Facilitate Sanctions Evasion.
- C728: The EU's Council's Restrictive Measures proceeds with the amendment of Article 5h of Council Registration against Russia due to its military aggression against Ukraine.
Markets in Crypto Assets Regulation (MiCA)- C722: EBA's opinion in relation to CASPs transacting electronic money tokens ("EMTs"), in view of the dual nature of EMTs as crypto-assets under teh MiCA Regulation and electronic money as per article 48(2) of MiCA Regulation.
Prudential Supervision
- C725: Class 2 CIFs should proceed to resubmit their prudential reporting through CySEC XBRL portal.
What is the Review of Regulatory Updates and CySEC Circulars Quarter 3, 2025 course and what does it include?
The
Review of Regulatory Updates and CySEC Circulars Quarter 3, 2025 course is designed by
SALVUS Funds and delivered by their Regulatory Compliance Associate, Christina Andreou. This course is suited for professionals working at Cyprus Investment Firms (CIF), Crypto-Asset Services Providers (CASP), and other entities regulated by the Cyprus Securities and Exchange Commission (CySEC). Including auditors, lawyers, and risk managers seeking to stay informed and compliant with CySEC's Q3 2025 updates.
The syllabus of the Review of Regulatory Updates and CySEC Circulars Quarter 3, 2025 course includes:
- Circulars
- Acronyms
- Applicable Circulars for CIFs
- Applicable Circulars for Investment Funds
- Applicable Circulars for CASPs
- Circulars C721 – C732
The “Review of Regulatory Updates and CySEC Circulars Quarter 3, 2025” course offers materials in both PDF slides and online video recordings, allowing for flexible, self-paced learning. Enrolled learners can study anytime and anywhere at their convenience.
Upon completion of the course, learners have the opportunity to evaluate their comprehension of the covered material by answering a series of questions reflecting the gained knowledge. Self-assessment quizzes are embedded throughout the workshop to reinforce key takeaways and highlight areas requiring further review.
The completion of this course counts towards the Continuous Professional Development (CPD) annual requirements for professionals, and holders of the CySEC Advanced and Basic certifications. Learners earn 1.5 hours of CPD accreditation.
Get in touch
If you have any questions about Despoina's course or any other questions related to your training requirements, please contact us; we would love to help. From all of us at IforPE, the Institute for Professional Excellence,
Ancora Imparo
