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Cypriot Capital Markets Authority Unveils New DORA Fee Structure for Financial Entities

by THEFUTURE.TEAM

September 9, 2025

Overview

The Cypriot Capital Markets Authority has issued a new policy statement—DP-03-2025—detailing the fee structure applicable to financial entities governed by the Digital Operational Resilience Act (DORA). This announcement marks a significant regulatory update aimed at enhancing operational resilience while reducing the sector’s dependency on public funding.

Fee Structure and Adjustments

Under the new framework, the annual supervisory fee is set to range between €2,000 and €20,000 based on the size and scale of each entity. Additionally, a fixed evaluation fee of €20,000 has been established for Threat-Led Penetration Testing (TLPT). These fees have been refined following a public consultation process (ED-01-2025), resulting in notable reductions for very small and small enterprises as well as adjustments in the TLPT fee structure.

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Compliance and Transitional Payment Process

For the year 2025, financial entities subject to DORA are required to submit a category declaration between October 2 and October 31, providing detailed information on employee numbers, turnover, and balance sheet metrics. Entities must also remit the annual fee by December 31, 2025, with the amount being calculated pro rata for the period from August 15 to December 31.

Enhancing Institutional Independence and Market Integrity

Dr. George Theocharidis, President of the Capital Markets Authority, emphasized that the DORA regulation extends its impact beyond traditional supervision, necessitating a robust funding model to meet increasing regulatory obligations. The adjustment aligns with DORA’s proportionality criteria and supports the Ministry of Finance’s objective to reduce the Authority’s reliance on state funding. This move not only bolsters the independence of the regulatory body but also reinforces market integrity.

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Women Accounted For More Than Half Of Scientists In 10 EU Regions

by THEFUTURE.TEAM

November 10, 2026

In Portugal’s Continente region, 265,100 women worked as scientists and engineers in 2025, representing 46% of the total workforce in these occupations.

Across the EU, women made up more than half of all scientists and engineers in 10 regions. Four were located in Spain, two in Portugal and one in Greece. The remaining regions were Poland’s Makroregion centralny, Sweden’s northernmost region and France’s outermost regions.

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Most of these areas had relatively small numbers of scientists and engineers overall. Spain’s Noreste region was the largest, with 102,700 women in these occupations, accounting for 51% of its total workforce.

Women’s Representation Varies Across Europe

The figures highlight considerable regional differences in both the number of women working in science and engineering and their share of the overall workforce.

Cyprus remains below the EU average, with women accounting for 37.8% of scientists and engineers. However, this share is broadly comparable to that of Île-de-France, one of Europe’s largest centres of scientific and engineering employment.