Friday, December 13, 2024

Standard post published to PN Kourtellos & Associates LLC at December 13, 2024 16:00



Representation before Regulatory Authorities

CySEC (Cyprus Securities and Exchange Commission) serves as the main regulator supervising financial entities, including the Cyprus Stock Exchange and investment firms. Established under the Cyprus Securities and Exchange Commission Law of 2001, CySEC oversees, approves, and regulates Cyprus Investment Firms (CIFs) to ensure legal compliance and market stability. Any company wishing to operate as an investment firm in Cyprus must be authorized by CySEC. CySEC’s responsibilities include supervising the stock exchange and listed securities, monitoring investment service providers and collective investment funds, and conducting inspections of listed companies, brokerage firms, and investment consultants. CySEC has the authority to request information from any relevant entity, grant or retract operational permissions, and impose sanctions, including administrative fines and disciplinary measures, on violators of stock market legislation. For companies or individuals facing allegations of misconduct or fraud, CySEC penalties may be significant, which may include expulsion, suspension, fines, or criminal prosecution. P.N. Kourtellos & Associates offers robust defense services, defending clients in disciplinary hearings and pursuing legal measures against administrative rulings to protect their interests.

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Standard post published to PN Kourtellos & Associates LLC at December 17, 2024 17:01

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