Regulatory Developments

CIFs under Cyprus Securities and Exchange Commission (CySEC) REPORTING OBLIGATIONS CALENDAR 2023 The reporting obligations deadlines may be altered upon CySEC’s decisions throughout the year.
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ASPs under Cyprus Securities and Exchange Commission (CySEC) REPORTING OBLIGATIONS CALENDAR 2023
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Relevant to: Cyprus Investment Firms(“CIFs”) Circular C546 (“the Circular”) dated 25/01/2023 introduces the prudential reporting of CIFs through CySEC’s XBRL Portal Through Circular C546, CySEC wishes to inform the Cyprus Investment Firms (the ‘CIFs’) about the prudential reporting[1] through CySEC’s XBRL Portal. The key takeaways from CySEC’s C546 circular can be found below: CySEC has implemented the CYSEC XBRL PORTAL in order to be able...
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Circular C538 (“the Circular”) dated 13/12/2022 provides further guidance on actions to be taken in relation to the requirement to raise capital from investors within a specified time period Through Circular C538, CySEC wishes to remind AIMFs of Circular C321, issued on June 2019, regarding the raising of capital from investors within a specified time period. CySEC aims with this circular to provide, Funds (i.e.,...
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Circular C539 (“the Circular”) dated 08/12/2022 New Form CBRT-CIF, Freedom to Provide Investment Services and Activities (Cross Border Activity) – Further clarifications and information requested. Following the issue of Circular C537 and the new reporting obligation of Form CBRT-CIF (the “Form”), CySEC has also issued Circular C539 providing additional clarifications on the Form. Circular C537 and C539 shall always be read in conjunction. The key...
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