All Cyprus Securities Bureau proposed policies and rules are found here. Reviews, comments, and updates are available upon request by contacting the Cyprus Securities Bureau.
The Cyprus Securities Bureau is recommending a couple of improvements to rules pertaining to international private issuers that are intended to enhance the openness of the public capital markets to these issuers, as well as to augment the information that is accessible to investors. These revisions are part of a cycle of programs that aims to tackle developments in the disclosure and other requirements applicable to international private issuers in light of market developments, new technologies and other matters in a manner that promotes investor protection, cross-border capital flows and the elimination of unnecessary barriers to our capital markets.
Read MoreThe Cyprus Securities Bureau is propositioning a new rule that would provide exemptions for trading funds from particular provisions. The rule would allow particular funds trading to start in use without the cost and setback of procuring an order from the Cyprus Securities Bureau. The rule is developed to remove unwarranted regulatory encumbrances, and to allow increased comparison and enhancements among trading funds. The Cyprus Securities Bureau also is propositioning revisions to our disclosure form for open-end investment companies to present more valuable information to investors who buy and sell trading fund shares on major securities exchanges. Also, the Cyprus Securities Bureau is propositioning a new rule to permit mutual funds to invest in trading funds to a higher level than currently allowed.
Read Moreplease contact the Cyprus Securities Bureau for more information.