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eBOS, one of the exclusive sponsors of CYFA, participated in this 2nd Association’s live online seminar of the year, named “The application of DAC6/MDR in Cyprus”.
The aim of the seminar was to enhance awareness and understanding of the Mandatory Disclosure Regime (‘’MDR’’), as this is provided by EU Council Directive 2011/16 (‘’DAC6 Directive’’), as well as indicating applicable challenges and means to address them.
The completion of the seminar gave a clearer view to all participants and made it easier to comprehend how to:
- Recognise the status and main provisions of the EU Directive and the applicable Cypriot legislation
- Comprehend the elements of reportable cross border arrangements with particular reference to the reporting mechanism to be established by the relevant legislation
- Increase the ability to identify the impact of the DAC6 rules
- Critically apply those rules in their daily functions by facilitating assessment of the different arrangements for which they may be called to participate as intermediaries in their everyday operations
Being the pioneers in Cyprus, for RegTech & FinTech, eBOS offers the opportunity to enterprises to fully comply to EU’s latest directives and national legislation(s), through the multiple and technologically advanced software modules of the WiseBOS Suite; a state-of-the-art modular, regulatory technology platform specifically designed to effectively adapt to the ever-changing business needs of companies, unleashing the real potential of fully integrated and business-aligned solutions. For more information call us at +357 22 877 677 or email us at email@example.com and our team of experts will be delighted to consult you.