Read the CySEC Circular C726
Memo #50-2025
CySEC Circular No: C726
Date: 11/09/2025
Subject: Financial Services Volunteer Corps’ virtual practical training on sanctions risk mitigation
Purpose: To inform the Regulated Entities that the Financial Services Volunteer Corps (FSVC) is hosting a virtual practical training on sanctions risk mitigation.
In Summary:
CySEC has issued the Circular C726 on 10/09/2025 to inform the Cyprus Investment Firms (‘CIFs’), Administrative Service Providers (‘ASPs’), UCITS Management Companies, Internally Managed UCITS, Alternative Investment Fund Managers (‘AIFMs’), Internally Managed AIFs, Internally Managed AIFLNPs, Companies with sole purpose the management of AIFLNPs, Small AIFMs under Law 81(I)/2020 and the Crypto Asset Service Providers, that the Financial Services Volunteer Corps (FSVC), with support from the U.S. Department of State, is hosting a virtual practical training on sanctions risk mitigation.
The training will aim to enhance private sector compliance with evolving sanctions requirements and improve risk mitigation in response to emerging evasion typologies. Experienced U.S. practitioners will provide practical insights and case studies tailored to Cyprus’ context.
The training will be delivered twice as follows, on two different dates:
• On 03/11/2025, from 2:00 - 5:00 PM, for Financial Institutions & Crypto Asset Service Providers.
• On 06/11/2025, from 2:00 - 5:00 PM, for Administrative Service Providers.
In accordance with the Circular C726, to confirm attendance, the interested parties must complete a participant registration form, available at https://forms.gle/N1JgqhgXQG9MzQwD8. The deadline for registration is 08/10/2025.
CySEC notes that it considers beneficial for Regulated Entities to attend this training event, therefore calls the Regulated Entities who are interested to proceed with registration.
Read the CySEC Circular C726
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