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A total of 88 UK firms have been granted temporary permission to provide investment services in Cyprus, under the Temporary Permissions Regime (TPR), Cyprus Exchange and Security Commission said on Tuesday. The TPR, launched following Brexit, does not require physical presence in Cyprus for UK firms when providing investment services (including when performing investment activities) solely to professional clients and eligible counterparties, based in Cyprus. Due to a significant number of notifications, several of which were submitted after 31 December 2020 and …
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