The Cyprus Securities and Exchange Commission (CySEC) published two consultation papers proposing changes to its fee framework for supervised entities. One paper would amend fees payable under the Investments Services and Activities and Regulated Markets Law, while the second would introduce annual fees and charges for entities in scope of Regulation (EU) 1286/2014 on key information documents for packaged retail and insurance-based investment products (PRIIPs). The first consultation proposes a revised methodology for calculating annual fees for Investment Firms, Market Operators, and branches established in Cyprus by Investment Firms from other European Union Member States and from third countries. It also updates requirements around post-authorisation notifications by introducing new information that must be disclosed and removing notification obligations that are no longer applicable. The PRIIPs consultation would impose annual fees and charges on PRIIPs manufacturers and on persons providing investment advice on PRIIPs or selling PRIIPs, as part of a broader review intended to better align fees with the nature, scale, and complexity of supervised activities and to reduce reliance on public resources.
Cyprus Securities and Exchange Commission 2026-01-12
Cyprus Securities and Exchange Commission consults on revised supervisory fees for investment firms and market operators and proposes new annual PRIIPs charges
The Cyprus Securities and Exchange Commission (CySEC) has issued two consultation papers proposing changes to its fee framework for supervised entities. The first paper suggests revising annual fee calculations for Investment Firms and Market Operators, while the second introduces annual fees for entities under Regulation (EU) 1286/2014 on PRIIPs. These changes aim to align fees with activity complexity and reduce reliance on public resources.