Reporting Deadlines For CIFs

CYPRUS SECURITIES AND EXCHANGE COMMISSION

Reporting Deadline Library

In this short article we summarise the deadlines imposed by the European Union to its competent authorities, for Cyprus CySEC.

10 Years

Transparency law - annual financial statements should be stored and be readily available for users

5 Years

• Electronic communication must be held (could be extended to 7 years)
• Financial information provided to investors should cover a period of up to 5 years
• Insiders list should be kept for a period of 5 years

2 Years

Claims for inconsistent part of the prospectus summary can be made up to 2 years down the line

Annual Basis

• CySEC reviews all CIFs based on the proportionality method (depending on their size and complexity the more frequent the reviews will be)