The Cyprus Securities and Exchange Commission has issued reporting guidance for EU investment firm branches operating in Cyprus, including retail CFD brokers, and for crypto asset service providers registered in the jurisdiction. The regulator requires these firms to submit statistical information covering last year.
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CySEC Sets Electronic Reporting Deadline, Penalties
All reporting must be submitted electronically via CySEC’s Transaction Reporting System by 8 May 2026. Submissions must be confirmed with a feedback file, and a “No Error” indication marks a successful filing.
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Any errors must be corrected and resubmitted. Feedback files are issued only during CySEC’s regular business hours. CySEC warned that missing the deadline could result in administrative penalties and will not issue reminders.
Data should be reported in euros, and no additional information beyond previous requirements is requested. The forms are available in English, with instructions included.
CySEC Launches On-Site Inspections 2026
Alongside the reporting requirements, CySEC will also carry out on-site inspections and desk-based reviews of CFD brokers and other investment firms as part of the European Securities and Markets Authority’s Common Supervisory Action for 2026.
The inspections will focus on staff compensation, digital platform design, and potential conflicts between firms’ revenue targets and client interests. The reviews are intended to verify compliance with regulatory standards and ensure internal practices align with supervisory expectations.
CySEC Reviews Amid Complaints, Market Share
The inspections are particularly significant in Cyprus, where local firms account for roughly one-third of cross-border EU retail trading, serving around 3.6 million clients.
Complaints against Cyprus-based brokers rose 46% in 2024. CySEC’s circular notes that adherence “will form part of CySEC’s supervisory review for the purposes of the CSA 2026.” While some analyses highlight competition from other hubs, Cyprus continues to host a substantial share of industry jobs.
