In continuation of Circular C537, CySEC issued Circular C539 which indicates that the CIFs that do not reach the materiality threshold of 50 retail clients (including clients treated as professionals on request), in each EEA country should inform the Commission accordingly. More specifically, the CIFs that do not reach the materiality threshold should submit by Friday, 27th of January 2023, the latest the Appendix included in Circular C539 by sending an email to riskstatistics.cifs@cysec.gov.cy.
