CySEC – Circular On Risk Based Supervision Framework And Electronic Submission Of Information For 2018

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Elias Neocleous & Co LLC

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Elias Neocleous & Co LLC is the largest law firm in Cyprus and a leading firm in the South-East Mediterranean region, with a network of offices across Cyprus (Limassol, Nicosia, Paphos), Belgium (Brussels), Czech Republic (Prague), Romania (Budapest) and Ukraine (Kiev). A dynamic team of lawyers and legal experts deliver strategic legal solutions to clients operating in key industries across Europe, Asia, the Middle East, India, USA, South America, and China. The firm is renowned for its expertise and jurisdictional knowledge across a broad spectrum of practice areas, spanning all major transactional and market disciplines, while also managing the largest and most challenging cross-border assignments. It is a premier practice of choice for leading Cypriot banks and financial institutions, preeminent foreign commercial and development banks, multinational corporations, global technology firms, international law firms, private equity funds, credit agencies, and asset managers.
The Cyprus Securities and Exchange Commission has informed all Cyprus Investment Firms of a new version of the form RBSF – CIF Version 2 for conducting statistical analyses, risk management and other purposes.
Cyprus Corporate/Commercial Law

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.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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