CySEC Mandates Annual Regulatory Fee Calculations For Investment Firms

by THEFUTURE.TEAM

March 19, 2026

Regulatory Directive Overview

The Cyprus Securities and Exchange Commission (CySEC) has issued a formal directive requiring all Cyprus Investment Firms to calculate and submit their annual regulatory fees for the previous year. In a significant move to enhance financial transparency and operational compliance, the updated form now incorporates the fee structures for 2025 and is available on the CySEC website.

Updated Submission Requirements

Firms must accurately complete the revised calculation form, specifically filling in the grey cells found in fields 1.5 through 1.7 as per the provided technical instructions. The directive mandates that each firm includes an extract from their audited financial statements clearly disclosing the total turnover for the 2025 financial year, thereby ensuring an exact fee calculation based on verified financial performance.

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Compliance and Deadline

To meet the new regulatory requirements, firms are required to submit the completed and duly signed document through the official online portal available at CySEC Online Portal. The final submission must be completed within four months of the financial year’s end, setting a firm deadline of April 30, 2026. Additionally, the required fee payment must accompany the digital filing of the paperwork.

Support and Further Guidance

Firms in need of further clarification or technical support are advised to contact the accounts department via the dedicated email address provided in the directive. This step ensures that any procedural queries are addressed promptly, supporting the seamless transition to the new fee calculation process.

This structured approach underlines CySEC’s commitment to robust regulatory practices and provides a clear roadmap for investment firms striving for compliance in an evolving financial landscape.

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Cyprus Expects More French Visitors In 2027 As Air Capacity Expands

by THEFUTURE.TEAM

September 18, 2026

Cyprus expects more French visitors in 2027 as airlines increase capacity between the two countries, Tourism Deputy Minister Kostas Koumis said after meetings with tour operators in Paris.

France, one of Cyprus’ key tourism markets, has had a difficult 2026. French arrivals fell 46% year over year to 8,453 in August, from 15,663 a year earlier, according to the Statistical Service of Cyprus (Cystat). August arrivals were also nearly 50% below the 16,798 recorded in the same month of 2024.

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Overall, Cyprus received 2.82 million tourist arrivals between January and August, down 7% from the same period in 2025.

Air Connectivity Supports 2027 Outlook

Koumis discussed the 2027 outlook with senior executives from tour operators offering Cyprus holidays during the IFTM Top Resa travel trade fair in Paris.

Higher air capacity between France and Cyprus was a key focus of the talks. Participants also discussed the impact of geopolitical tensions in the Middle East on the French market and Cyprus’ efforts to adapt its tourism offering to French travelers.

“The French market is undoubtedly an extremely important market for our country’s tourism,” Koumis said, adding that France had regained importance only a few years ago and still had room to grow.

Improved air connectivity will be an important factor in that expansion, according to Koumis. “It is now clear that air connectivity between France and Cyprus is improving significantly, which is a basic prerequisite for the further growth of the market,” he said.

Cyprus Promotes Tourism And Regional Cooperation

Koumis attended the opening of IFTM Top Resa at the invitation of French Tourism Minister Serge Papin, who later visited the Cyprus stand. Held from Sept. 15 to 17 at Paris Porte de Versailles, the event brought together more than 32,000 tourism professionals representing 177 destinations and 1,650 brands, according to organizers.

During his visit, Koumis also met Egyptian Tourism Minister Sherif Fathy. Cyprus and Egypt reaffirmed their tourism cooperation and discussed opportunities to strengthen ties further.

French media interviews covered Cyprus’ tourism offering, infrastructure and services, along with efforts to develop specialized tourism products. Regional instability weighed on arrivals in 2026, particularly during the spring, although the decline narrowed over the summer.

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