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ARTICLE · 30 JANUARY 2014

International Securities Law And Regulation – Second Edition

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A new era for the securities sector in Cyprus began on 29 March 1996 with the inauguration of the Cyprus Stock Exchange, the first official stock exchange in Cyprus.

CyprusCorporate/Commercial Law

INTRODUCTION

In General

A new era for the securities sector in Cyprus began on 29 March 1996 with the inauguration of the Cyprus Stock Exchange (CSE), the first official stock exchange in Cyprus.

The CSE, the successor to the previous unofficial over-the-counter market at the Chamber of Commerce and Industry, is modeled on current international securities rules and practices and aspires to consolidate the position of Cyprus as a regional business and financial services centre and boost the growth of capital markets in Cyprus.

Sources of Law

The principal legislation governing the issue and trade of securities in Cyprus is as follows:

  • Securities and Stock Exchange Law, 14(I) of 1993, as amended;1

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