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
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...
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...