Breaking: CySEC to Reform Investor Compensation Fund Rules

[kreslik.news]

The Cyprus Securities and Exchange Commission (CySEC) is once again on the wires today with another new announcement. The regulator is proposing a new legislative framework that governs the Cyprus Investment Firm (CIF) Investor Compensation Fund (ICF) in the country.

A ‘universal change’ in the operation of the fund is being proposed with an amendment to the annual contribution which companies are making to the fund. ICF members are being notified about a period of consultation.


A study has been commissioned by the regulator to assess what the necessary requirements for the fund to withstand adverse scenarios ... (read more)