Important Information for the abolition of the Annual Levy of EUR350
On 29 February 2024, the House of Representatives approved the Cyprus Government Bill to abolish the Annual Levy of EUR350, which was payable to the …
On 30th November 2016 the Cyprus Securities and Exchange Commission (“CySEC”) issued the Circular no. C168 with subject “Updated version of ESMA’s Q&A document relating to the provision of CFDs and other speculative products to retail investors under MIFID”. With this Circular, CySEC has interpreted ESMA’s Q&A, published in early October 2016, in relation to Cypriot Investment Firms (“CIFs”) offering speculative products to retail clients subject to MIFID.
According to the Circular, the CIFs should focus on the following parts of the Q&A document:
The Circular is available here.
ESMA’s Q&A is available here.
On 29 February 2024, the House of Representatives approved the Cyprus Government Bill to abolish the Annual Levy of EUR350, which was payable to the …
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