maprms Archives — MAP RMS

Data submissions to the CBC’s Resolution Department by CIFs – Data Collection Cycle 2021

February 17, 2021Andreas LeonidouBlog

Central Bank of Cyprus (‘CBC’) acting as the National Resolution Authority for all credit institutions and Cyprus Investment Firms (‘CIFs’) pursuant to section 2(1) of the Law 22(I)/2016 (‘Law’) which transposes EU Bank Recovery and Resolution Directive 2014/59/EC (‘BRRD’), is responsible for drafting of resolution plans of the aforementioned entities. The resolution plan should be...

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

February 2, 2021maprmsBlog

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...

Preparation and Submission of Recovery Plans by CIFs

September 3, 2020maprmsBlog

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...

Data submissions to the CBC’s Resolution Department by CIFs – Data Collection Cycle 2021

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

Preparation and Submission of Recovery Plans by CIFs

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Data submissions to the CBC’s Resolution Department by CIFs – Data Collection Cycle 2021

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

Preparation and Submission of Recovery Plans by CIFs

Text Widget

Our Cases

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