CySEC Withdraws Licences And Memberships In Strategic Regulatory Action

by THEFUTURE.TEAM

September 5, 2025

Reinforcing Regulatory Compliance

The Cyprus Securities and Exchange Commission (CySEC) has taken decisive steps to ensure market integrity by withdrawing the Cyprus Investment Firm licence from Fibo Markets Ltd, following the firm’s own decision to renounce its authorisation. Concurrently, the regulator has terminated Investors Compensation Fund (ICF) membership for four additional firms, reflecting a broader push for heightened regulatory discipline.

Licence Withdrawal And Membership Termination

At its meeting on August 25, 2025, CySEC confirmed the withdrawal of Fibo Markets Ltd’s licence and the removal of Oasis Wealth Management Ltd, The Alternative GMI Ltd, Itrade Global (CY) Ltd, and Viverno Markets Ltd from the ICF. These measures come on the heels of earlier decisions to revoke operating licences for the affected entities, including the withdrawal of the licence for Oasis Wealth Management Ltd as a UCITS management company and the revocation of The Alternative GMI Ltd’s authorisation as an Alternative Investment Fund Manager.

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Client Compensation And Future Procedures

CySEC has underscored that former clients of these firms will still retain their rights to compensation for investment operations conducted prior to the regulatory changes, provided that the eligibility criteria are met. Moreover, the regulator has affirmed that the initiation of compensation procedures remains available where necessary, ensuring that client protections are maintained.

Industry Ramifications

This pronounced regulatory intervention not only safeguards investor interests but also reinforces the importance of continual compliance in a dynamic financial landscape. By retracting the licences and ICF membership of these entities, CySEC is setting a benchmark of accountability that may reverberate throughout the industry, prompting firms to re-evaluate their operational standards to remain competitive and compliant.

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Central Bank Of Cyprus Balance Sheet Reflects Strong Eurosystem Position

by THEFUTURE.TEAM

February 17, 2026

Overview Of Financial Stability

The Central Bank of Cyprus (CBC) has released its latest balance sheet, reaffirming its steadfast role within the Eurosystem. The balance sheet, featuring total assets and liabilities of €29.545 billion, underscores the institution’s stable financial posture at the close of January 2026.

Asset Allocation And Strategic Holdings

Governor Christodoulos Patsalides issued the balance sheet, which details the CBC’s asset composition under the Eurosystem framework. Notably, the bank’s gold and gold receivables amounted to €1.635 billion, providing a significant hedge and stability to its balance sheet. Additional asset categories include claims on non-euro area residents denominated in foreign currency at €1.099 billion, while claims on euro area residents in both foreign and domestic currency add further depth to its portfolio.

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The most substantial asset category, intra-Eurosystem claims, reached €19.438 billion, an indication of the CBC’s deep integration with its European counterparts. Furthermore, euro-denominated securities held by euro area residents contributed €6.587 billion. Despite a marked emphasis on these areas, lending to euro area credit institutions in monetary policy operations recorded no activity during the period.

Liability Structure And Monetary Policy Implications

On the liabilities side, banknotes in circulation contributed €3.218 billion. Liabilities to euro area credit institutions associated with monetary policy operations were notably the largest single category, totaling €17.636 billion. Supplementary liabilities included those to other euro area residents, which aggregated to €4.989 billion, with government liabilities playing a predominant role at €4.754 billion.

Other liability items, such as claims related to special drawing rights allocated by the International Monetary Fund at €494.193 million, and provisions of €596.571 million, further articulate the CBC’s exposure. Revaluation accounts stood at €1.643 billion, and overall capital and reserves were confirmed at €333.822 million, completing the picture of a well-capitalized institution.

Conclusive Insights And Strategic Alignment

The detailed breakdown illustrates the CBC’s sizeable intra-Eurosystem exposures, reinforcing its central role within Europe’s monetary landscape. With an asset-liability balance maintained at €29.545 billion, the CBC’s financial position remains robust, indicating a commitment to structural stability and strategic risk management.

This fiscal disclosure not only provides transparency into the CBC’s operations but also serves as a benchmark for comparative analysis among other central banks within the Eurosystem, highlighting the intricate balance between asset liquidity, regulatory oversight, and monetary policy imperatives.

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