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CySEC announces amendments to the Financial Conglomerates Directive

The Cyprus Securities and Exchange Commission (CySEC) has published a policy statement amending the CySEC Financial Conglomerates Directive (DI 87-12) to align national legislation with EU requirements on the European Single Access Point (ESAP).

According to a CySEC announcement, the amendments transpose the relevant requirements of Directive (EU) 2023/2864 and aim to ensure that certain information disclosed by Investment Firms, Asset Management Companies and AIFMs of the Republic that are part of a financial conglomerate is made available on ESAP, the EU’s centralised digital access point for financial and sustainability information.

The policy statement is available here.

Interested parties may submit any enquiries to the Policy Department of CySEC at policy@cysec.gov.cy, the announcement said.

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