Assets under Management in Cyprus exceed €11bn
The total value of Assets under Management (AuM) of Collective Investments reached €11.6 billion in the third quarter of 2021, according to a report released...
CySEC
Cyprus in the dark over Forex fraud
Cold call ban meant Forex scam was not on regulators’ radar Regulators in Cyprus had no indication that an Israeli permanent resident involved in...
International initiative to protect investing public
The Cyprus Securities and Exchange Commission (CySEC) is participating in World Investor Week, a global campaign seeking to educate and protect investors. Through its participation...
New CySEC chairman appointed
The cabinet has appointed George Theocharides as the Cyprus Securities and Exchange Commission’s (CySEC) new chairman, promoting him from the post of vice chairman, which...
CySEC issues missive on crypto assets
The Cyprus Securities and Exchange Commission (CySEC) has released a policy statement on cryptocurrency assets, calling on service providers to comply with regulations and warning...
Outgoing CySEC chief says everything shipshape for successor
By Costas Stavrinos Outgoing Chairwoman of the Cyprus Securities and Exchange Commission (CySEC) Demetra Kalogirou said that her successor should not forget the Commission’s vision...
Auditor scuppers CySec head’s €10,000 farewell party
The auditor general’s office raised the red flag over a farewell do – which has now been cancelled – for a public official that would...
From ‘no market’ to 800 companies, outgoing CySEC president says
The Cyprus Securities and Exchange Commission (CySEC) presented its annual report for the previous year to the President of the Republic of Cyprus Nicos Anastasiades....
CySEC details actions over copycat website
The Cyprus Securities and Exchange Commission (CySEC) has detailed that action taken concerning a copycat website hosted in India. The case was first reported on...
AG appoints Cysec’s Kalogirou to committee probing passports
Attorney-general Giorgos Savvides on Wednesday said he appointed head of the Securities and Exchange Commission (Cysec) Demetra Kalogirou as member of the committee tasked with...
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...
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...
