CySEC sounds alarm to Cyprus firms after sharp spike in Mokas alerts

Cyprus-based cross-border firms drive surge in suspicious activity filings, says Mokas The Cyprus Securities and Exchange Commission (CySEC) has alerted regulated entities to strengthened anti-money laundering guidelines and new risk reports, as data from the Financial Intelligence Unit (Mokas) pointed to a sharp rise in suspicious transaction reporting and growing cross-border financial activity. The regulator […]