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November 30, 2020
Date:                     27 November 2020 Circular:               CySEC CIRCULAR: C418 Scope:                  Cyprus Investment Firms CySEC released a new circular in regards to enhancing the procedures regarding safeguarding of client funds held by CIFs. The procedures are outlined below. Α. Regulatory framework According to section 17 (9) of the Investment Services and Activities and Regulated Markets Law of 2017 Law...
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