Cyprus Business Now: Keo, banks, tourism, CySEC, property, fraud

The Cyprus Securities and Exchange Commission (CySEC) published a new amending regulatory directive updating the anti-money laundering framework governing the registry of ultimate owners for express trusts and similar legal arrangements.

The regulatory update, officially designated as Regulatory Administrative Act 243/2026 , was enacted by the board of the financial watchdog to streamline compliance and access rules for the national beneficial ownership database.

The measures exercise specific statutory powers granted