CySEC fines Commerzbank for market manipulation
The Securities and Exchange Commission (CySEC) has fined German Commerzbank €650,000 for market manipulation in connection with the now defunct Laiki Bank’s (CPB) activities and...
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Audit office censures CySEC over dinner event
The audit service censured the Cyprus securities and exchange commission (CySEC) over a conference dinner it held last year that was organised by a company...
CySEC warns of individuals impersonating its representatives
The Cyprus Securities and Exchange Commission’s (CySEC) said on Monday there was evidence of fraudulent representation of its officials CySEC engaging with investment services providers...
Coronavirus: the primary objective is to safeguard the smooth functioning of the market
The Coronavirus (COVID-19) pandemic has led to an unprecedented economic and societal crisis, creating conditions of uncertainty. In these completely new circumstances that we are...
CySEC asks businesses to prepare for virus worst-case scenario
The island’s securities and exchange commission (CySEC) issued a circular to all regulated entities on Friday asking them to review their business continuity and disaster...
Tackling financial illiteracy: investor education is a priority
By Demetra Kalogerou The dynamic development of capital markets in Europe, resulting from the companies’ increased need for alternative funding sources, as well as the...
Securities watchdog warns risk of bogus investment opportunities is high
The Cyprus Securities and Exchange Commission (CySec) on Wednesday warned investors and the public about various risks that could arise during the current period due...
CySEC disagrees with supreme court over Eliades, BoC decision
After the attorney-general, the island’s securities and exchange commission (CySEC) also expressed its disagreement over a Supreme Court decision that acquitted a top banker on...
CySEC says cash payments of €10k banned
By Stelios Orphanides The Cyprus Securities and Exchange Commission notified supervised companies that accepting €10,000 or more in cash payments is considered a criminal offence...
CySEC asks Hellenic Bank to further explain Co-op deal
By Stelios Orphanides The Cyprus Securities and Exchange Commission (CySEC) said that it requested from Hellenic Bank the issue of a supplementary public announcement to...
Regulators urge investment firms, accountants to heed US sanctions
By Stelios Orphanides The Cyprus Securities and Exchange Commission (CySEC) and the Institute of Certified Public Accountants of Cyprus (ICPAC) on Wednesday issued circulars cautioning...
CySEC fines eight Laiki officials €1.1m
The Cyprus Securities and Exchange Commission (CySEC) which supervises inter alia listed companies, said that it fined eight Cyprus Popular Bank officials €1.1m for failing...
Cysec aims to boost market and its supervision
The Cyprus Security and Exchange Commission (Cysec) aims to further boost the Cypriot capital market and the supervision of the sector, chairwoman Demetra Kalogirou said...
BoC says CySEC to supervise future takeover bids
Bank of Cyprus, the island’s biggest lender, said its holding company, Bank of Cyprus Holdings Plc Ltd Co. had determined that the Cyprus Securities and...
Banc de Binary renounces licence amid gathering legal storm (Updated)
Customers of the Limassol-based Banc de Binary Ltd (BdB) which renounced its licence obtained from the Cyprus Securities and Exchange Commission (CySEC) on Monday, will not...
CySEC approves Co-op’s prospectus ahead of CSE listing
The Cooperative Central Bank said that the Cyprus Securities and Exchange Commission approved on Thursday the government-owned lender’s prospectus ahead of its intended listing on...
CySEC suspends Louis from CSE trading
The Cyprus Securities and Exchange Commission said that it decided to suspend the trading of the share hotel and cruise ship operator Louis Plc at...
CySEC’s Kalogerou vows to clamp down on financial offenders
The chairwoman of the Cyprus Securities and Exchange Commission Demetra Kalogerou said that her agency will utilise the new powers given it from the transposition...
Illegal body’s ruling cannot form basis of charge BoC trial hears
The Cyprus Securities and Exchange Commission (Cysec) was an invalid body, and thus its rulings cannot form the basis for criminal proceedings against the defendants,...
CySEC warns investors to beware of scammers
THE Securities and Exchange Commission (CySEC) has warned the public to be cautious when receiving correspondence requiring sensitive data that appears to be coming from...
