Cyprus: Financial Sector Assessment Program Update: Technical Note: Factual Update of IOSCO Core Principles of Securities Regulation

International Monetary Fund

No 2009/169, IMF Staff Country Reports from International Monetary Fund

Abstract: This technical note presents factual update of International Organization of Securities Commissions Core Principles of Securities Regulation for Cyprus. There is provision in the law allowing for the sharing of information and cooperation with both domestic and foreign regulators. The Cyprus law transposing the European Union Prospectus and Transparency Directives, together with the company law and stock exchange law, provide accurate and timely disclosure of financial results and adequate safeguards in the fair and equitable treatment of shareholders.

Keywords: ISCR; CR; CySEC; market; CSE; draft CySEC legislation; market intermediary; CySEC law; UCITS market; securities exchange; Stock markets; Financial Sector Assessment Program; Stocks; Middle East (search for similar items in EconPapers)
Pages: 17
Date: 2009-06-01
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