Neocleous
English Greek Russian Ukrainian
  • Neocleous

Renewal of registrations in the public register of individuals authorised under article 52 of the Investment Services and Activities and Regulated Markets Law of 2007

The Cyprus Securities and Exchange Commission (CySEC) has issued a reminder regarding renewal of registrations in the public register of individuals authorised under article 52 of the Investment Services and Activities and Regulated Markets Law of 2007. 
Article 52 of the Investment Services Law requires persons employed by Cyprus Investment Firms performing specified duties, including reception and transmission of orders, execution of orders on behalf of clients, portfolio management and investment advice, to be registered in the public register. 
The initial deadline for applications expires on 29 February 2016; applications will continue to be accepted after that date, until 30 June 2016, but the renewal fee will be increased from €80 to €120. Persons who were registered for the first time in 2015 are not required to renew their registration for 2016.