CySEC Gives Regulated Firms 2 Weeks to Assess Prospective Brexit Impact

[kreslik.news]

The Cyprus Securities and Exchange Commission is urging regulated companies to assess any prospective business impacts on the Brexit process. The Chairman of the Cypriot regulator Demetra Kalogirou sent out a letter addressed to Cyprus Investment Firms (CIFs) this morning.

The contents of the document outline that the companies need to assess the possible impact of the UK’s exit. CySEC has previously issued several circulars regarding the matter.


Cyprus Investment Firms (CIFs) are asked to report to the regulator on the likely effects that Brexit will have on their activities and services. Companies are also asked to submit ... (read more)