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ARTICLE · 11 AUGUST 2017

CySEC Guidance On Interim Management And Financial Reports

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The Cyprus Securities and Exchange Commission (CySEC) has issued a circular reminding issuers with securities admitted to trading on a regulated market of the requirements of the Transparency...

CyprusWealth Management

The Cyprus Securities and Exchange Commission (CySEC) has issued a circular reminding issuers with securities admitted to trading on a regulated market of the requirements of the Transparency Requirements (Transferable Securities) Negotiation in a Regulated Market) Law of 2007 regarding the content of interim management reports.

CySEC's examination of interim management reports for the first half of the financial year 2016 has disclosed a number of deficiencies in the reports, particularly:

  • Presenting the interim management report as a separate document from the six-month financial report rather than as an integral part of the six-month financial report, as required by article 10 (3) of the Transparency Requirements Law.

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