Europe: Accounting and Audit

The first blog in this series explored the revised professional behaviour framework introduced by the ICAEW and ICAS Codes of Ethics and considered the distinction between professional and personal life.

A delegated regulation relating to the EUPR has been published in the Official Journal and entered into force on 16 August 2026. It was expected to apply from 5 June 2026, alongside the EU Listing Act amendments to the EUPR, but was delayed. The delegated regulation introduces a significantly simplified and more standardised prospectus regime, including streamlined disclosure requirements, a new EU IPO prospectus for first-time listings and mandatory standard formats for single-document equity prospectuses

Whether you are an entrepreneur, an existing insurance professional or an international group looking to establish an insurance intermediary in Cyprus, it is essential to understand the licensing process, the legal requirements and the ongoing regulatory obligations before commencing operations.