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CySEC Enforces Regulatory Reforms To Safeguard Financial Markets

Withdrawal Of Administrative Services Licences

The Cyprus Securities and Exchange Commission (CySEC) has implemented a series of decisive regulatory actions in Cyprus. In a clear demonstration of its commitment to market integrity and compliance with financial services legislation, the regulator has withdrawn administrative services licences and initiated settlements with investment firms.

Fiduserve Management Limited And Mann Made Corporate Services

Effective September 9, 2025, Fiduserve Management Limited (LEI 213800WAVVOPS85N2205) formally waived its authorisation to provide administrative services under the Law Regulating Companies Providing Administrative Services and Related Matters of 2012. As a result, its licence (Number 215/196) expired and the firm was permanently removed from the licensed persons’ Register in accordance with section 16(2) of the Law.

Similarly, Mann Made Corporate Services (Cyprus) Limited ceased administrative services as of November 11, 2024, following the waiver of its authorisation (Number 200/196). The company was, in turn, permanently deregistered, further solidifying CySEC’s stringent supervisory approach.

Enforcement And Settlements With Investment Firms

In addition to licence revocations, CySEC detailed settlements with two investment firms over potential breaches of investment services legislation. On January 9, 2026, CySEC confirmed a settlement with EDR Financial Ltd (LEI 213800J8EV4SSMIBWB22). This settlement comes after an intensive investigation covering the period from 2020 to 2024, wherein the firm’s adherence to stringent organisational requirements and product intervention measures under Regulation (EU) No 600/2014 was scrutinised. The settlement fee of €50,000 has been fully paid by EDR Financial Ltd.

On the same date, a comparable settlement was reached with Benor Capital Ltd (LEI 213800SPTJ6JRLKCPY23) for non-compliance with the Investment Services and Activities and Regulated Markets Law of 2017, also resulting in a payment of €50,000. As emphasized by CySEC, all revenue collected from such settlements is channelled to the Treasury of the Republic, underscoring the regulator’s impartial role and commitment to fiscal transparency.

Commitment To Market Integrity

These regulatory actions not only reinforce CySEC’s robust supervisory framework but also serve as a stern reminder of the critical importance of adherence to established financial regulations. By swiftly addressing deviations from required standards, CySEC continues to protect market participants and ensure the integrity of Cyprus’ financial landscape.

Cyprus Economy Outperforms EU Benchmarks With 4.5% Quarterly Growth

The Cypriot economy recorded an impressive 4.5% year-on-year growth in the fourth quarter of 2025, according to preliminary estimates from the Statistical Service. This performance represents a notable acceleration, with a seasonally adjusted quarterly increase of 1.4% compared to the previous period.

Quarterly Performance Surpasses Expectations

Based on Eurostat data, Cyprus has significantly outpaced its European counterparts. While the Eurozone achieved an average growth rate of 1.3% and the European Union registered 1.5%, Cyprus clearly outperformed both. Such robust quarterly performance underlines the nation’s strategic economic positioning amid global market uncertainties.

Full-Year Projections And Fiscal Discipline

For the entire year 2025, growth is forecasted at 3.75%, exceeding earlier predictions from the Ministry of Finance and several domestic and international agencies, which had estimated an increase between 2.9% and 3.5%. This optimistic projection is supported by a low inflation environment and conditions of near-full employment.

Sustainable Growth Amid Global Uncertainty

Despite increased international volatility, Cyprus continues to demonstrate a resilient economic dynamic. Experts assert that a commitment to prudent and disciplined fiscal policies will bolster the nation’s ability to maintain medium-term growth rates above 3%. This strategic approach offers a strong competitive edge, much like other success stories in high-growth markets where sound economic management has proven vital.

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