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Legal Framework

The information is sourced from CySec official web site. The Laws and Regulations that govern the Cyprus Capital Market are represented below in an Adobe Acrobat (pdf) format. For the latest update please visit CySec official web site.

Law / Regulation Publication Date Amendments Description
Law 73(I)/2009 10/07/2009 Law Regulating the Structure, Responsibilities, Powers, Organisation of the Cyprus Securities and Exchange Commission
Transparency Laws
(Separate Documents)
31/12/2007 &
10/07/2009
L72(Ι)/2009 Law (L190(I)/2007), Amendment of the Law (L72(I)/2009) as well as unofficial consolidation providing for transparency requirements in relation to information about issuers whose securities are admitted to trading on a regulated market
Law 144 (Ι)/2007 26/10/2007 106(I)/2009 Unofficial consolidation of the Law which provides for the provision of investment services, the exercise of investment activities, the operation of regulated markets and other related matters
Regulations under Sections 53(3), 56(3), 58(2) and 72 of Investment Firms Laws 30/04/2004 Consolidated Regulations based on the Investment Firms Law
Law 200(I)/2004 (separated files) 30/04/2004 59(I)/2008 Law regulating the structure, organisation and operation of Open-Ended Undertaking for Collective Investment in Transferable Securities (UCITS)
Law 114(Ι)/2005 09/09/2005 Law providing for the conditions for making an offer to the public of securities, on the prospectus to be published when securities are offered to the public.
Law 116(I)/2005 (consolidated) 09/09/2005 Consolidated Market Abuse Law
Law 41(I)/2007 (consolidated) 05/04/2007 47(Ι)/2009 Unofficial consolidation of Laws 41(I)/2007 and 47(Ι)/2009 to make provision for public takeover bids for the acquisition of securities of companies
Law 188(I)/2007 (consolidated with L58(I)/2010) 31/12/2007 L58(I)/2010 The Prevention and Suppresion of Money Laundering Activities Law (consolidated with L58(I)/2010)
Regulation 211/2007 European Union Regulation regarding amending Regulation 809/2004 for the implementation of European Directive 2003/71/EK
Regulation 1787/2006 European Union Regulation regarding information contained in Prospectuses
Regulation 2273/2003 Implementing Directive 2003/6/EK of the European Parliament and of the Council
Regulation 809/2004 Implementing Directive 2003/71/EC of the European Parliament and of the Council
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