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investment

Circular C426: Updates for the new prudential framework of Investment Firms (IFR/IFD)

February 2, 2021
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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Reporting Obligation for the year 2021 – Alternative Investment Funds Managers/Alternative Investment Funds

January 12, 2021
MAP RMS would like to inform you about the upcoming Reporting Obligations for Alternative Investment Funds Managers (‘AIFMs’) and Alternative Investment Funds (‘AIFs’) for the year 2021, in order to ensure that you will remain compliant at all times.
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Preparation and Submission of Recovery Plans by CIFs

September 3, 2020
In February 2020, the Cyprus Securities and Exchange Commission (CySEC) issued Circular C351 which introduces the Recovery Plan requirements for CIFs that fall within the scope of section 10(1) of the Investment Services Law. The Recovery Plan aims to identify and prepare the actions which may be taken by a CIF to recover its financial...
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