The Cyprus Securities and Exchange Commission ("CySEC") wishes to inform the CIFs that further to Circular C100, the form for the collection of complaints will be revised, starting from April 2017. 

The Cyprus Securities and Exchange Commission's ("CySEC") Chairwoman Ms. Demetra Kalogerou held a closed, invite-only meeting with senior executives of allCyprus based retail FX and binary options firms. 

The European Securities and Markets Authority ("ESMA") published an update to its Questions and Answers on the application of the credit rating agencies regulation, adding a new section on Disclosure and Presentation of Credit Ratings. 

The European Securities and Markets Authority ("ESMA") established five Memoranda of Understanding ("MoUs") under the European Markets Infrastructure Regulation ("EMIR").

The Cyprus Securities and Exchange Commission ("CySEC") published additional guidance, following Circular C168, on the types of bonus incentives not permissible to be offered to retail clients by Cyprus Investment Firms ("CIFs").

The European Banking Authority (EBA) published its final Guidelines on liquidity coverage ratio ("LCR") disclosure.

The European Banking Authority ("EBA") published its 11th report of the CRD IV - CRR/Basel III monitoring exercise on the European banking system.

The Cyprus Securities and Exchange Commission ("CySEC") wishes to inform the Administrative Services Providers ("the ASPs") in regards to the electronic submission of information for the year 2016.

We would like to inform you that following relevant developments in international tax matters, the Cyprus Tax Department has notified its intention to abolish the minimum net profit margins applicable for back to back transactions as from 01/07/2017.

The Cyprus Securities and Exchange Commission ("CySEC") published a consultation paper regarding its proposed reforms to the regulatory framework governing the provision of investment services in binary options by firms under its supervision.