CySEC – Circular 445

CySEC – Circular 445


The Cyprus Securities and Exchange Commission has issued a Circular 445 on the 26th of April 2021, with subject of (Extension of reporting/notification deadlines), informing the Cyprus Investment Firms (CIFs), that due to COVID-19 and in an effort to ensure operational continuity, the deadlines for a submission to CySEC of the following reports/notification are extended.

   Annual reports/notifications

  1. Annual Compliance Function Report
  2. Annual Risk Management Report
  3. Annual Internal Audit Report 
  4. Annual Audited Financial Statements 
  5. Annual Auditors’ Suitability Report

Due to the aforementioned and in order to help with any uncertainty and disruption to the CIFs’ business operations, CySEC will comprehend a delay of two (2) months to submit the above listed reports/notifications that would otherwise have been due April 30, 2021. 

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