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The Cyprus Securities and Exchange Commission (CySEC) has implemented a new Web Portal that serves as a digital depository for its regulated entities and groups. The new portal serves as a holding for important forms, letters and signed documents to the commission, helping mitigate the storage costs incurred by physical documentation, per a CySEC statement.
The new CySEC portal will also help streamline overall bureaucratic processes at the regulator, which presently relies on the handling, storage, and security of sensitive documentation. By going digital, CySEC will be able to properly ensure adequate levels of oversight, whilst also allowing for safety of ... (read more)