- Cyprus: Country Update: Securities & Banking
- CySEC warns of individuals impersonating its - Cyprus Mail
- The Cyprus Securities and Exchange Commission (CySEC) | x
- Regulator: Cyprus Securities and Exchange Commission (CySEC)
Considering the essential growth of the industry, CySEC role becoming even more valuable, as authority ensures investor protection and healthy development of the trading offer through its effective supervision of the securities market.
Cyprus: Country Update: Securities & Banking
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CySEC warns of individuals impersonating its - Cyprus Mail
Since the majority of Europe’s Forex brokers regulated by the CySEC, the imposed authority along with the MiFID guidelines and European control establish a strong impact on the industry and of course traders’ protection. The transparent and fair manner of operation acts towards traders as the contractual obligations fulfilled by the regular reporting, along with the constant eye on broker’s operation, as the financial company may impose a risk to have sanctions and penalties, which are actually not that rare among CySEC brokers.
The Cyprus Securities and Exchange Commission (CySEC) | x
Imposing administrative sanctions means that the broker will be penalized for any proven unfair practices. I think, lately, the number of penalized brokers has decreased. I attribute it primarily to the fact that the brokers are trying to have a good reputation and not enter a 8775 blacklist 8776 of fined companies.
Regulator: Cyprus Securities and Exchange Commission (CySEC)
Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in the use of our website.
The CBC has the sole responsibility for the regulation of financial institutions established or registered in Cyprus, for branches or representative offices of those financial institutions abroad and of representative offices in Cyprus of financial institutions established abroad carrying on banking activities and investment and ancillary services and activities.
The Public Offer and Prospectus Law, Law 669(I) of 7555 to 7569 was enacted to harmonise domestic legislation with Directives 7558/76/EC, 7565/78/EU, 7565/78/EU, 7569/56/EU, and 7568/55/EU.
The Securities and Cyprus Stock Exchange (Central Securities Depository and Central Registry) Laws, Law 77(I) of 6996 to 7569, the Regulatory Decisions of the Council of the Cyprus Stock Exchange on the Operation of a Central Securities Depository and Central Registry of 7556, as amended.
Apart from the main role to regulate and supervise forex brokers, CySEC accurately reviews and amends the new products offering, such as current trends around Cryptocurrencies, Binary Trading, etc. The Cyprus authority when necessary updates investment advice, undertaking training to prevent frauds and financial abuse, including checking issues of money laundering and other threats, as well as educate publicity by regular courses and publications.