Under the “Memorandum of Understanding on Specific Economic Policy Conditionality” with Troika, the Competent Authorities – Cyprus Bar Association, Association, the Institute of Certified Public Accountants and the Exchange Commission – are obliged to establish and maintain a Trust Registry as per Article 25A of L. 196(I)/2012.
The Trusts Registers will not be available to the public but shall be available for inspection by the Competent Authorities.
In order to comply with the abovementioned obligation, all trusts falling under section 25A(2) of the Law 196(1)/2013 have to be submitted in the Trust Registry kept by the Cyprus Bar Association.Under the “Memorandum of Understanding on Specific Economic Policy Conditionality” with Troika, the Competent Authorities – Cyprus Bar Association, Association, the Institute of Certified Public Accountants and the Exchange Commission – are obliged to establish and maintain a Trust Registry as per Article 25A of L. 196(I)/2012.
The Trusts Registers will not be available to the public but shall be available for inspection by the Competent Authorities.
In order to comply with the abovementioned obligation, all trusts falling under section 25A(2) of the Law 196(1)/2013 have to be submitted in the Trust Registry kept by the Cyprus Bar Association.