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Cyprus Regulator Proposes Higher CIF Licensing Costs, Plans to Drop Crypto Fee Under MiCA
Cyprus’ Securities and Exchange Commission plans to
raise the cost of doing regulated investment business on the island. It has proposed
higher application and annual fees for Cyprus Investment Firms, foreign
branches and market operators, while also introducing fresh charges for
material change notifications and algorithmic trading activity. The consultation, published Monday, runs until 13
February and sets out a new fee grid that aligns charg…
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1 Articles
Cyprus Regulator Proposes Higher CIF Licensing Costs, Plans to Drop Crypto Fee Under MiCA
Cyprus’ Securities and Exchange Commission plans to raise the cost of doing regulated investment business on the island. It has proposed higher application and annual fees for Cyprus Investment Firms, foreign branches and market operators, while also introducing fresh charges for material change notifications and algorithmic trading activity. The consultation, published Monday, runs until 13 February and sets out a new fee grid that aligns charg…
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