Regulatory Alerts2023-12-11 | C607CySEC Circular C607: MOKAS Strategic Analysis Report 2020-2022
The Cyprus Securities and Exchange Commission issued Circular C607 to inform regulated entities about the Financial Intelligence Unit's first Strategic Analysis Report covering 2020 to 2022. The report analyzes money laundering and terrorist financing trends derived from Suspicious Transaction Reports, foreign FIU disclosures, and requests from law enforcement and customs authorities. CySEC urges regulated entities to utilize this feedback to enhance their understanding of suspicious activity reporting and improve the quality of information submitted to MOKAS and police.
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