CySEC (Cyprus Securities and Exchange Commission)
CYSEC (Cyprus Securities and Exchange Commission) - is the Cyprus Commission for the Securities and Exchange Commission a mandate to monitor financial markets in Cyprus. It ensures that the Cypriot capital firms strictly follow the financial guidelines under the legislation and regulatory framework of Cyprus and the European Union. CySEC - this is a public body which monitors the actions and operations on the Stock Exchange.
Partial list of responsibilities CySEC:
- Supervises the activities of licensed investment companies
- Supervises the activities of brokers and brokerage firms
- Displays current licenses investment companies
Cyprus a full member of the European Union and therefore shares the same powers as all the financial supervisory authorities in Europe (such as the Office of Financial Regulation and Supervision (FSA) the UK).
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