CySEC – Circular on Risk Based Supervision Framework and Electronic submission of information for 2018

The Cyprus Securities and Exchange Commission (CySEC) has informed all Cyprus Investment Firms (CIFs) of a new version of the form RBSF – CIF Version 2 for conducting statistical analyses, risk management and other purposes.

All authorised CIFs must submit the new form electronically to CySEC no later than Thursday July 18, 2019.

The CySEC stressed that no extension will be granted to this date and that any failure to promptly comply will bear administrative penalties subject to section 37 (5) of the CySEC law.

Our experienced Financial Services team can help you navigate the applicable regulatory framework in Cyprus and for any enquiry or assistance please contact Dimitris Papoutsis or your usual contact at Elias Neocleous & Co LLC.