Cyprus Securities and Exchange Commission

The Cyprus Securities and Exchange Commission (CySEC) is the financial regulator of Cyprus, mainly responsible for supervising and regulating the country's securities market and investment services industry. CySEC operates under the EU regulatory framework to ensure that its supervision is consistent with EU regulations. Its main responsibilities include:

Regulating investment companies and service providers: CySEC is responsible for supervising investment companies, foreign exchange brokers and other financial service providers in Cyprus to ensure that they comply with relevant laws and regulations.

Maintaining market transparency and integrity: CySEC ensures the transparency of financial markets, combats illegal activities such as market manipulation and insider trading, and maintains market fairness and integrity.

Protecting investors: CySEC is committed to providing investors with greater security, ensuring that their rights and interests are protected, and preventing unfair transactions and fraud.

Authorization and licensing: CySEC is responsible for issuing operating licenses to financial services companies, investment companies and other related entities, and ensuring that they continue to meet operating standards.

Enforcing laws and compliance checks: CySEC has the right to take legal action against companies or individuals that violate the law, including imposing fines, revoking licenses or imposing other penalties.

Anti-Money Laundering and Counter-Terrorist Financing: In cooperation with other international and EU institutions, CySEC focuses on combating money laundering and terrorist financing and ensuring that financial institutions comply with AML/CTF regulations.

As a regulator of an EU member state, CySEC is subject to EU financial regulations and its regulatory standards are recognized in the international financial market.