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On 25th June 2021 the Cyprus Securities and Exchange Commission (the “CySEC“) issued a Directive (R.A.A. 269/2021) regarding the Register of Service Providers concerning Crypto Assets, pursuant to Sections 59 and 61E of the Prevention and Suppression of Money Laundering and Terrorist Financing Law of 2007, Law 188(I)/2007, as amended (the “Law”). It should be noted that...
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Introduction In the absence of an “adequacy decision” by the Commission that a particular third country ensures an adequate level of protection under the General Data Protection Regulation (GDPR), standard data protection clauses adopted by the Commission in accordance with the Regulation are widely used as legal grounds for data transfers from the EU to...
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