top of page

The growth of crypto-assets and their interaction with traditional payment services raises concerns about AML/CFT prevention. As a result, obtaining a payment service or a crypto asset-regulated entity license is a real challenge, especially for new companies just becoming familiar with the regulatory environment.

 

The licensing process is highly complex and requires thorough preparation and the submission of extensive documentation. In addition, regulators require applicants to have thorough expertise and experience in the traditional payment services industry. Obtaining a license is, therefore, costly and requires an investment in professional and legal services and other necessary resources. Despite these challenges, there is a growing interest in regulated entities, as licensing provides confidence to customers and enables legal and legitimate business in this sector.
 

That's why we are here. D.R.I.M.E. Ltd.

Using our services will save money, avoid mistakes, shorten the time to obtain the necessary license, and solve all the complexities you may encounter on the licensing path.

We areregulatory consulting firm established to offer its valued clients the best professional services.

Our expert professionals provide unique and tailored solutions, among others, in licensing, activation of licenses, regulatory compliance, risk management, human resources, cybersecurity, corporate governance, executive training, and many more.

 

Our experience in these areas allows us to offer efficient turnkey solutions to all our valuable clients that seek to obtain regulatory licenses in Cyprus and Greece, either from the Cyprus Securities and Exchange Commission (CySEC), the Central Bank of Cyprus (CBC), or the Hellenic Securities and Exchange Commission (HSEC).

 

In case of special requirements for the location of the registered office of a regulated company, we can also offer our services to applicants for licenses of regulated entities in other countries, such as Malta or countries in the Balkan region.

01.

Regulatory Services

Licensing

We can assist with the vast licensing and regulatory issues in Cyprus or Greece under the purview of the Cyprus Securities and Exchange Commission (CySEC), the Central Bank of Cyprus, or the Hellenic Securities Market Commission (HCMC).

Compliance Support

In the post-licensing, period, we offer a full range of compliance support services to ensure that you always avoid being non-compliant.

03.

Corporate Services

Company Registration

Our Legal experts can assist you with the information and documentation required to incorporate a company in Cyprus.

 

Company Secretarial Services

In Cyprus Company is obliged to have a Company Secretary. In this respect, we  provide the necessary services to the statutory filings of a Cyprus Company

Fiduciary Services

We provide all our clients with the services of corporate directors, nominee shareholders, escrow agents and services, registered office, and other similar representative services.

02.

Banking

Bank Introductions

We work closely with several banks and crypto-friendly IBAN account providers, and therefore we can assist our clients with the opening of bank accounts, processing of banking instructions, bank signatories, transfers, and other banking administration services.

EMI

Electronic Money Institution

The provision of electronic money services in Cyprus is regulated by the provisions of The Electronic Money Laws of 2012 and 2018 which transposed into national law as per the directives of the European Parliament and Council on such matters.

The Regulatory Authority in Cyprus responsible for the registration and authorisation of such kind of institutions is the Central Bank of Cyprus.

CASP/VASP

Crypto‐Asset Service Providers

In Cyprus, the Cyprus Securities and Exchange Commission (CySEC) is the authority assigned to regulate Providers of Services related to crypto assets (PSCA) as well as to maintain a register of such providers. CySEC has approved and decided to go ahead to Register and put under its Supervision all eligible applicants who wish to provide Crypto-Asset Services to their clients. The CySEC’s decision is to Register the Crypto‐Asset Service Providers (CASP) as a separate legal entity and not as an extension of license under a CIF.

CIF

Cyprus Investment Firm

An Investment Firm licensed by the Cyprus Securities and Exchange Commission (CySEC) falls under Law 87(I)/2017 regarding the provision of investment services, the exercise of investment activities and the operation of regulated markets. Upon obtaining the license, a CIF can freely provide investment services through representative and branch offices across EU Member countries via the EU passporting.

PI

Payment Institution

In Cyprus, Payment Institutions are regulated under the Provision and Use of Payment Services and Access to Payment Systems Law of 2018 (“Law”), which transposed into national law the provisions of Directive (EU) 2015/2366 of the European Parliament and Council on payment services in the internal market.

The Regulatory authority in Cyprus responsible for the registration and authorisation of such kind of institutions is the Central Bank of Cyprus.

(R)AIF/UCITS

Cyprus Authorized fund

Alternative Investment Funds (“AIFs”) are collective investment undertakings that raise capital from a number of investors to invest them based on a pre-defined policy. 

Authorized either as an AIF, RAIF or UCITS, can be set up as a variable capital investment or as a mutual fund. Regulated by CySEC authorized fund benefits from the status of the Republic of Cyprus as a full member of the European Union, which provides them with unconditional access via an EU passport to the European Economic Area, thus all the 27 EU members plus Liechtenstein, Norway and Iceland.

FOREX 

Cyprus Forex License (CIF)

Cyprus is an attractive destination for Forex due to a combination of factors, including its low set up and operating costs; a highly favourable tax regime, and Freedom from Exchange Controls.

Cyprus offers a very well established environment for a Forex broker firm. It is a well-known and is one of the top choices in the EU for acquiring of a financial license. It follows very strict rules and regulations as implemented by the financial services authority of Cyprus (CySEC – The Cyprus Securities and Exchange Commission).

Most Sought-After Regulated Licenses
in Cyprus and Greece

D.R.I.M.E. Ltd.

ADDRESS: 

Dimostheni & Severi Katsoni 2,

Avenue Court, Floor 3

1082, Nicósia, Cyprus

TELEPHONE: +357 99 253 463

EMAIL: info@drime.consulting

Contact Us

Thanks for submitting!

bottom of page