
Cyprus UBO Registry Updates: Deadlines Extended, Penalties Restructured and Enforcement Enhanced
On 16 December 2024, the department of the Registrar of Companies and Intellectual Property (RCIP) published a directive introducing the changes that come into force in the form of the Prevention and Combating of Money Laundering from Illegal Activities (Amendment) (No. 2) Law of 2024, N.141(I)/2024, which was published on 06 December 2024. Below are