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pc nid 93672 Jul 02, 2026 tojuri@vixio.com Cyprus Overview - CySec horizon scanning
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Cyprus Securities and Exchange Commission Requires Investment Firms to Submit Quarterly Statistics

On July 1, 2026, the Cyprus Securities and Exchange Commission (CySEC) issued Circular No C787 requiring all Cyprus Investment Firms (CIFs) authorised by June 30, 2026, to submit quarterly statistics using Form QST-CIF (Version 19) for the quarter ending June 30, 2026. CIFs must complete and electronically submit the Form via CySEC's Transaction Reporting System (TRS) by August 4, 2026. CySEC will not grant extensions to this deadline. The Form must be successfully submitted with a "no error" feedback confirmation from the TRS to be considered complete. CIFs that fail to comply face administrative penalties under section 37(5) of the CySEC Law, and CySEC will not send reminders to non-compliant firms. The updated Form QST-CIF (Version 19) introduces a new Section P (Part I) requiring CIFs to report customers subject to international sanctions, mirroring Section Q of the Form RBSF-CIF. CIFs must report all data in euros, rounded to the nearest unit, and ensure all validation tests within the Form display as "true" (green) before submission. The Form is available only in English. CIFs must name their Excel file according to the convention: Username_yyyymmdd_QST-CIF (for example, USERNAME_20260630_QST-CIF). The file must be in Excel 2007 format or later (.xlsx extension). CIFs should carefully review the Form's instructions and definitions, as the definition of "client" and reporting periods vary across different sections. For queries on Form completion, CIFs must email riskstatistics.cifs@cysec.gov.cy by July 28, 2026. Technical submission queries should be directed to information.technology@cysec.gov.cy.

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Cyprus Securities and Exchange Commission Requires Investment Firms to Submit Quarterly Statistics

On July 1, 2026, the Cyprus Securities and Exchange Commission (CySEC) issued Circular No. C787 requiring all Cyprus Investment Firms (CIFs) authorised by June 30, 2026 to submit quarterly statistics using Form QST-CIF (Version 19) for the quarter ending June 30, 2026. The updated Form QST-CIF (Version 19) introduces a new Section P (Part I) requiring CIFs to report customers subject to international sanctions, mirroring Section Q of the Form RBSF-CIF. CIFs must complete and electronically submit the form via CySEC's Transaction Reporting System (TRS) by August 4, 2026. CIFs that fail to comply face administrative penalties under sSction 37(5) of the CySEC Law, and CySEC will not send reminders to non-compliant firms.