cysec
Cyprus Regulator's New Survey Wants to Show How Finance Fuels the Island’s Economy
- The study seeks data on firms’ turnover and also on their local spending on staff, services, and technology.
- Firms must report only their Cyprus-based operations, submitting all data in euros and excluding value-added tax.
Wednesday, 28/01/2026 | 15:42 GMT by
Jared Kirui
CFD Broker HTFX Relinquishes CySEC License, Regulator Confirms
- Last week, the regulator proposed to raise the cost of doing investment business on the island.
- HTFX can no longer provide investment services or conduct investment activities in or from Cyprus.
Thursday, 22/01/2026 | 14:24 GMT by
Jared Kirui
“New EU Rules May Attract More Serious Asset Managers to Cyprus,” Says CySEC Chair
- Dr. George Theocharides said Cyprus’s financial market will face stricter supervision in 2026 amid new EU laws.
- By November 2025, Cyprus recorded 253 licensed CIFs, with about 30 more firms at various stages of the licensing process.
Tuesday, 13/01/2026 | 14:21 GMT by
Jared Kirui
Cyprus Regulator Proposes Higher CIF Licensing Costs, Plans to Drop Crypto Fee Under MiCA
- The new proposal introduces additional charges for material change notifications and algorithmic trading activity.
- Firms must notify CySEC whenever they make major changes to their business, such as shifting from professional to retail clients.
Monday, 12/01/2026 | 13:41 GMT by
Jared Kirui
CySEC Confirms February Deadline for Crypto Firms Seeking MiCA Approval
- Crypto firms can operate during the transitional period until applications are approved or rejected.
- Cross-border crypto services must follow host country laws and ESMA’s grandfathering guidance.
Tuesday, 23/12/2025 | 11:53 GMT by
Tareq Sikder
Cyprus Brokers Captures 1 in 3 EU Cross-Border Traders (While Complaints Soar 46%)
- CySEC-regulated firms serve 3.6 million of the 10.5 million retail clients trading across EU borders, dominating a market that grew 32% in 2024.
- ESMA data show, however, that complaints jumped to nearly 11,000, with four countries accounting for 86% of cross-border activity.
Tuesday, 23/12/2025 | 11:34 GMT by
Damian Chmiel
XTB Bypasses Poland's MiCA Stalemate, Wins Cyprus Spot Crypto License
- The Polish fintech secured regulatory approval in Cyprus for spot crypto trading after Poland's president refused to sign the domestic MiCA legislation.
- The publicly listed broker plans to launch spot crypto services for local clients in Cyprus in 2026.
Friday, 19/12/2025 | 19:30 GMT by
Damian Chmiel
CySEC Chair: “Honestly, No Matter What We Do, Scammers Will Find New Ways to Deceive Investors”
- Speaking to Finance Magnates ahead of 2026, Dr. George Theocharides says Europe’s AI Act is only the start, as CySEC monitors AI use within CIFs, proceeds cautiously with MiCA, and flags growing stability risks in stablecoins.
- Scams will persist, and while prop trading remains unregulated for now, any future rules are likely to follow a gradual “copy-trading style process.”
Thursday, 18/12/2025 | 07:55 GMT by
CySEC Fines Wonderinterest €100K, Operator of CFD Brokers Zetano and Investago
- The largest part of the fine, €50K, was imposed over “inadequate policies and unspecified target markets.”
- The regulator recently added 21 unauthorized websites, some of which mimic brokers.
Wednesday, 17/12/2025 | 16:53 GMT by
Tareq Sikder
CFD Broker Squared Financial Gives Up Its Cyprus Licence
- The broker’s website highlights that the move is “part of a broader internal restructuring.”
- It is no longer accepting clients under the Cyprus licence and is winding down “existing client relationships.”
Wednesday, 17/12/2025 | 07:21 GMT by
Arnab Shome
CySEC Warns Against 21 Fraudulent Websites, Including Clones of AvaTrade and OneRoyal
- CySEC adds potentially fraudulent domains to its growing blacklist of unauthorized platforms.
- The warning covers entities offering forex trading, CFD services, and potential clones.
Tuesday, 18/11/2025 | 07:54 GMT by
Damian Chmiel
CySEC Pulls Certification Registers as Scammers Exploit Licensing Details
- These impersonators allegedly exploited the data to pose as legitimate investment professionals and deceive unsuspecting users.
- Despite the suspension, CySEC emphasized that certification remains a mandatory requirement for individuals employed by firms under its supervision.
Wednesday, 29/10/2025 | 14:21 GMT by
Jared Kirui
“If Something Sounds Too Good To Be True, It Probably Isn't”: Cyprus Market Chief Warns on Finfluencers and AI Frauds
- CySEC is currently reviewing 16 crypto license applications, as the Chairman calls for vigilance against social media fraud.
- Chair Theocharidis spoke with Forbes about the growing problem of fraudulent investment platforms promoted on social media.
Monday, 13/10/2025 | 08:13 GMT by
Damian Chmiel
Investors and Firms Warned as Fake Emails Claim CySEC Officers Demand Payments
- Fake emails use false employee names; the regulator never charges for certificates or fund releases.
- The regulator recently launched a quiz to help investors recognize scams and warning signs.
Friday, 19/09/2025 | 10:18 GMT by
Tareq Sikder
Brokers Say CySEC’s New CFD Restrictions “Don’t Change the Market in a Fundamental Way”
- The Cypriot regulator introduced stricter leverage rules for non-major CFD assets in September, capping them at a maximum of 10:1.
- The change, however, is nothing like the 2018 overhaul and, according to experts, is merely a technical step toward aligning with EU standards.
Wednesday, 10/09/2025 | 10:53 GMT by
Damian Chmiel
CySEC Sets Fees for DORA Covered Financial Firms Under EU Resilience Rules
- The regulator sets annual supervision fees €2K–€20K; penetration testing costs €20K.
- Funds were monitored, reports reviewed, and €2.76 million in 2024 penalties applied by regulator.
Friday, 05/09/2025 | 08:08 GMT by
Tareq Sikder
FIBO Markets Surrenders Cyprus Investment License to CySEC
- The FX broker loses authorization months after the voluntary surrender announcement.
- In a separate decision, the regulator removed four companies from the compensation fund, including the B2B unit of BDSwiss.
Thursday, 04/09/2025 | 10:36 GMT by
Damian Chmiel
Octa Markets Cyprus’ Majority Shareholder Stripped of Voting Rights
- The regulator also barred the individual from serving on the board or holding any management duties at the Cyprus-regulated entity.
- CySEC explained that the role of the ultimate beneficial owner was “prejudicial to the sound and prudent management” of the firm.
Wednesday, 03/09/2025 | 14:46 GMT by
Jared Kirui
“An Investment Advisor Contacts You Through Private Apps. What Would You Do?”: CySEC Asks
- The Cyprus regulator has launched a 12-question quiz to prepare retail investors against scams.
- The quiz focuses on real-life scenarios of how investors authenticate investment platforms.
Monday, 01/09/2025 | 09:45 GMT by
Arnab Shome
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}