Cyprus Securities and Exchange Commission releases five-year activity report

The Cyprus Securities and Exchange Commission (CySEC) has published its performance review for the period between 2021 and 2026, highlighting administrative and regulatory actions. During these five years, the regulator imposed over €12 million in administrative sanctions, including fines and settlements, and referred 20 cases to the Attorney General for potential criminal investigation. Among the penalized entities, over €9 million in fines were levied against Cyprus Investment Firms (CIFs), while approximately €1 million was issued to other issuers.

Under the leadership of chairman Dr. George Theocharides, the Commission conducted over 4,000 supervisory audits and revoked the licenses of eight investment firms. Additionally, the regulator issued warnings against 517 websites to protect investors. As of June 2026, the number of regulated entities stood at 815, marking a 1.12% increase since the end of 2021, with 63 new licensing applications currently under review.

Despite macroeconomic uncertainties, geopolitical tensions, and the lingering effects of the pandemic, Dr. Theocharides stated that the local capital market maintained its resilience. CySEC remains focused on enhancing its technological infrastructure, strengthening supervision, and ensuring a competitive environment to foster long-term economic stability.