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CySEC’s Strategic Regulatory Actions: BrightPool Licence Withdrawn and Liquidation Procedures Initiated

BrightPool Licence Withdrawn

The Cyprus Securities and Exchange Commission (CySEC) has taken a decisive step by withdrawing the Cyprus Investment Firm licence from BrightPool Ltd. On October 13, 2025, CySEC formally cancelled the authorisation, number 378/19, following the company’s decision to relinquish its status. This move signals the regulator’s proactive approach in aligning market operations with stringent compliance standards.

Liquidation of SCITUS Global Real Estate

In a parallel regulatory development, external manager GMM Global Money Managers AIFM Ltd initiated the dissolution and liquidation process for the SCITUS GLOBAL REAL ESTATE compartment. The compartment is part of SCITUS GLOBAL CAPITAL HOLDINGS RAIF V.C.I.C. LTD, a Registered Alternative Investment Fund (RAIF). Until the dissolution and liquidation processes are fully completed and all requisite documents are submitted, the compartment will continue to be listed in the RAIF registry with a notice stating “under liquidation”.

Liquidation Process for GRAVITY Fund I

Similarly, AFICAP MANAGERS LTD has informed CySEC of the commencement of the dissolution and liquidation procedures for the GRAVITY FUND I compartment. This compartment is managed under GRAVITY FUND RAIF V.C.I.C. PLC, also registered as a RAIF. Consistent with regulatory guidelines, the compartment will remain on the RAIF registry marked “under liquidation” until the process is finalized and all necessary documentation is received by the regulator.

These regulatory actions underscore CySEC’s steadfast commitment to market integrity and compliance. By ensuring that these investment vehicles undergo proper dissolution and liquidation procedures, CySEC reaffirms its dedication to maintaining transparency and rigor in the financial landscape.

Robust Meat Market Dynamics Ensure A Fully Stocked Easter Feast

Meat supply increased ahead of Easter 2026, with prices remaining broadly stable despite higher seasonal demand, according to data from slaughterhouses and the Consumer Protection Service Price Observatory.  Market data show higher volumes of lamb and pork alongside limited price increases across key categories.

Strong Supply And Price Stability

Recent data indicate increased meat supply compared to the same period last year, supporting availability during peak demand. Higher volumes helped limit price increases across most product categories. Stable supply conditions contributed to controlled pricing despite seasonal pressure on demand.

Enhanced Competition With Greek Lamb Imports

Market supply was supported by the import of 4,000 lambs from Greece, increasing availability and competition. Additional supply contributed to price stability across lamb products. Domestic production adjusted as imports increased, with 2,105 fewer lambs processed locally on Great Tuesday compared to the previous year.

Dynamic Production Trends In Meat Processing

A total of 19,883 lambs were slaughtered over the past six days, marking a 6% increase compared to the same period last year. Pork production also increased, with 10,655 pigs processed versus 9,452 a year earlier, representing a 13% rise. Higher output across categories reflects increased supply ahead of the holiday period.

Price Adjustments In Key Meat Categories

The average price for locally sourced lamb reached €14.10 per kg, up 4.76% compared to last year. Pork prices declined, with tenderloin averaging €5.97 per kg (-4.47%) and neck cut €6.16 per kg (-1.62%). Poultry remained stable at €4.16 per kg, recording a marginal decrease of 0.05%, maintaining its position as the lowest-cost option.

Overall Cost Implications For The Festive Table

An indicative Easter table for eight people is estimated at €186.42 in 2026 for 19 basic products, compared to €179.36 in 2025, reflecting a 3.9% increase. Meat prices had a limited impact on the increase. Higher costs were driven by vegetables, with tomatoes rising by 81.73% and cucumbers by 42.24%. Prices for fresh potatoes and olive oil declined by 12% to 19%, partially offsetting overall costs.

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