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IFD
Cyprus Securities and Exchange Commission (CySEC) continuously updates all Cypriot Investments Firms (CIFs) about the European Banking Authority (EBA) actions regarding the implementation of the new prudential regulatory framework – IFR/IFD (see the relevant article on our website) which will be implemented on 26 June 2021. Specifically, on 02 February 2021, CySEC issued Circular C426...
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On 16 December 2020, the European Banking Authority (“EBA”) has published a package of seven (7) final draft Regulatory Technical Standards (“RTS”) on the prudential treatment of investment firms pursuant to Regulation (EU) 2019/2033 (“IFR”), Directive (EU) 2019/2034 (“IFD”) and Directive 2013/36/EU (“CRD”).
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