Relevant to: Regulated Entities 1 Circular C577 (“the Circular”) dated 06/06/2023 informs Regulated Entities on European Banking Authority’s (‘EBA’) public Consultation Paper on amendments to its Guidelines on money laundering and terrorist financing risk factors, to include crypto-asset service providers. Through Circular C577, CySEC wishes to inform Regulated Entities that EBA, on 31st May 2023, launched a public consultation on amendments to its Guidelines on...Read More
Relevant to: Regulated Entities 1 Circular C579 (“the Circular”) dated 06/06/2023 informs Regulated Entities on ESMA Guidelines on certain aspects of the MIFID II suitability requirements. Through Circular C579, CySEC wishes to inform Regulated Entities that the European Securities and Markets Authority (ESMA) published, on April 4, 2023, the Guidelines on certain aspects of the MiFID II suitability requirements (the ‘Guidelines’), translated in all official...Read More
Relevant to: Regulated Entities 1 Circular C578 (“the Circular”) dated 06/06/2023 informs Regulated Entities on ESMA Guidelines on certain aspects of the MIFID II remuneration requirements. Through Circular C578, CySEC wishes to inform Regulated Entities that the European Securities and Markets Authority (ESMA) published, on April 3, 2023, the Guidelines on certain aspects of the MiFID II remuneration requirements (the ‘Guidelines’), translated in all official...Read More
Relevant to: Regulated Entities1 Circular C573 (“the Circular”) dated 12/05/2023 informs Regulated Entities about the Risk-Based Supervision Framework and the Electronic submission of information for the year 2022. Through Circular C573, CySEC wishes to inform Regulated Entities about the new version of the Annual Form, RBSF-MC Version 6 (‘the Form’), which can be found in the Appendix. The key takeaways from CySEC’s C573 circular can...Read More
Relevant to: Cyprus Investment Firms (‘CIFs’) Circular C571 (“the Circular”) dated 02/05/2023 draws the attention to the EBA’s Guidelines on Information and Communication Technology (“ICT”) and security risk management and for certain actions to ensure compliance with the Guidelines. Through Circular 571, CySEC wishes to bring the attention of the CIFs the Guidelines on ICT and security risk management (the ‘Guidelines’). It is noted that...Read More
