• Directorship and secretarial services provided by a legal person, including acting as an alternative director or secretary;
• services such as holding of shares of legal persons in a nominee or trustee capacity;
• provision of  registered office;
• related to the opening and operating of bank accounts; and
• Services related to the ownership of financial assets on behalf of third parties.
Criteria to obtain a CySEC licence:
• Head office must be based in Cyprus;
• The private individuals, ultimate owners of the company must be fully disclosed and such persons must be considered “fit and proper” by CySEC.
• It must be represented, administered and managed in Cyprus by at least two qualified capable persons to sensibly manage it.
• It must employ an in-house legal lawyer or maintain a regular professional relationship with an external lawyer.
• It must employ a compliance officer, who is approved by CySEC.
• Regulated service providers must ensure the existence of appropriate internal control procedures in order to ensure that they have accurate, “up to date” information at all times, in compliance with the law.
• It must employ qualified employees.
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