CySEC investment firm in Cyprus

About This Company

Sections 12 and 13 of Law 87(I)/2017 define the statutory hurdles every acquirer faces when negotiating a Cyprus Investment Firm (CIF, MiFID II). Buyers must first verify the target on CySEC public registers, which are organised by regulatory category across web portals searchable alphabetically (A-Z) or browsable via entity cards and downloadable Excel spreadsheets. An active card reveals the official legal name, licence number, licence grant date, company registration number (HE number), approved internet domain names, and supervisory status. Confirming whether the profile displays Active, Suspended, or Under Examination for voluntary renunciation prevents assuming dormant or compromised authorisations. Permitted scope requires matching against scheduled activities: reception and transmission of orders, execution of orders on behalf of clients, dealing on own account, portfolio management, investment advice, placing without a firm commitment, underwriting or operating an MTF. Personnel scrutiny remains extensive during ownership transfers. Regulators evaluate controllers reaching thresholds of 10%, 20%, 30%, or 50% against strict fit-and-proper standards, reputation, financial soundness, and AML risks. CySEC retains a 60 working days window to oppose transactions, extendable by up to 20 working days for additional information (or 30 working days for non-EU entities). Statutory sanctions follow any transaction completed absent regulatory non-opposition, including suspended voting rights.