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Cysec Launches A Brexit Information Hub To Facilitate A Seamless Post-Brexit Transition
February 22, 2021
The Cyprus Securities and Exchange Commission (‘CySEC’), the financial regulatory Authority of Cyprus, has launched a dedicated section on its website to serve as a Brexit Information Hub (accessible here), aiming at facilitating a seamless navigation of Brexit related information and the compliance of interested parties with legal obligations following the transitional period of the UK’s withdrawal from the EU.
The Brexit Information Hub is being launched in conjunction with the Temporary Permissions Regime (‘TPR’) which enables UK financial services firms that do not have a physical presence in Cyprus to continue to provide investment services to per se professional clients and eligible counterparties in Cyprus for a limited period of time (see here).