The Cyprus Securities and Exchange Commission (CySec) is the primary regulating body in Cyprus, playing a major role in the supervision, authorization and monitoring of Cyprus Investment Firms (CIFs). Other international authorities include, but are not limited to,
- Financial Conduct Authority (FCA) formerly known as (FSA)
- The Australian Securities and Investments Commission (ASIC),
- Federal Financial Supervisory Authority (Bafin),
- Banque de France,
- Commission of the Mercos de Valores (CNMV)
- National Commission on Société à Borsa (CONSOB)
- Authority for Financial Markets (AFM),
- And other
In order for a company to qualify as an Investment Firm it must be mandatorily authorized by the competent authority.
If the rules are not followed, the sanctions sought by the regulatory authorities as a result of fraud and misconduct may be severe, including expulsion, job loss, suspension, significant fines and possible criminal charges.
Makrides team of professionals provides a strong defense against allegations of misconduct acting as representatives in disciplinary negations before CySEC and other jurisdictions. If required, our associates also take legal action against the administrative decisions of the safeguards clients interests.