CySEC national measures regarding CFDs and how it affects the CySEC CFD brokers

CySEC on September 27th 2019, published its National Product Intervention Measures (“NPIMs”) in relation to the marketing, distribution and sale of Contracts For Differences (“CFDs”) by issuing Directive DI87-09. The measures proposed by CySEC under CP-02-2019 were largely...

ESMA warns CFD providers on application of product intervention measures

The European Securities and Markets Authority (ESMA), the EU’s securities markets’ regulator, has published a statement on 12 July 2019, addressed to providers marketing, distributing or selling contracts for differences (CFDs) to retail clients. The statement is in response to...

Introduction of CySEC’s Form 144-14-61 – Prudential Supervision Framework

Cyprus Securities and Exchange Commission (CySEC) with the publication of Circular C326, introduced additional reporting obligations to CIFs and requested relevant information to facilitate its supervisory role in regards to: the assessment of Internal Capital Adequacy Assessment...

Successful presence for FiveComply at the iFXExpo International Conference 2019.

On 21-23 May 2019 FiveComply attended the iFXExpo International Conference that took place in Limassol, Cyprus. It was a great networking and educational event that gave us the chance to showcase our services to a global audience. The event was a great success with our team...

AML Directive

On 10 May 2019, CySEC published a new Directive regarding the prevention and suppression of money laundering and terrorist financing (the ‟Directive” currently available only in Greek). The new Directive applies to, among others, CIFs, ASPs, AIFs and AIFMs Please find below...

IFXEXPO 2019

You can visit us at the IFXEXPO in Limassol, Cyprus between 21-23 May, 2019 and meet our Team We await you at Booth 40!

ICF IMPORTANT POINTS OF DI87-07

On 13 March 2019 CySEC issued Directive DI87-07 (in Greek) regarding the operation of the Investor Compensation Fund (hereinafter “new ICF Directive”), replacing Directive DI144-2007-15. The new ICF Directive applies to, among others, CIFs, UCITS Managers who provide certain...