The Cyprus Securities and Exchange Commission has launched an online quiz to help investors test their ability to recognise investment fraud, focusing on deceptive online advertisements and misleading social media posts promoting fake investment opportunities. The tool is positioned as an investor-awareness measure covering scams that advertise foreign exchange, contracts for difference and crypto-asset investments and promise high and quick returns. The initiative sits alongside CySEC’s broader financial education materials and aligns with World Investor Week running from 6 to 12 October 2025, which will address fraud and scam typologies including phishing and “pig butchering”. The release also notes wider policy attention in Europe, with the European Commission discussing potential new obligations for social media platforms and financial institutions to reduce financial fraud, and the European Securities and Markets Authority having written to several social media companies in May 2025 urging proactive steps to prevent unauthorised online promotion of financial services; CySEC’s chair also referenced an obligation on CySEC-supervised firms to integrate advanced fraud-prevention mechanisms. CySEC plans to complement the quiz with an awareness campaign across traditional media and its official social media channels, circulate the quiz to universities and other domestic institutions, and share it with ESMA and other national competent authorities.

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