The Cyprus Securities and Exchange Commission (CySEC) has outlined its supervisory priorities for 2024.
The supervisory agenda for 2024 remains centered on the following key priorities:
- Enhancing supervision of high and medium-high risk firms, particularly focusing on the cross-border activities to prevent any consumer detriment arising from the distribution of complex financial products like CFDs.
- Promoting a compliance-oriented culture among management bodies and key function holders within firms, aimed at fostering a sustainably compliant behaviour by firms.
- Proactively addressing and managing any potential adverse events promptly and effectively to minimize their impact.
In 2024, CySEC’s primary areas of focus include ensuring adherence to…
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