The Cyprus Securities and Exchange Commission will bolster its supervisory framework with new technology to keep check of developments in the market, CySEC Chair George Theocharides said. “The pandemic has acted as
The new chair of the markets watchdog has pledged to continue to protect the interest of investors while helping the sector grow and adapt to new challenges, primarily in financial technologies. Dr
In H1 2021, the Assets Under Management (AUM) of Collective Investments reached €10.7 bln, a record high translating into a 9% quarter on quarter increase. The Cyprus Investment Funds Association welcomed “this
George Theocharides, the current Vice-Chairman, is expected to succeed Demetra Kalogerou this week to head the Cyprus Securities and Exchange Commission. Theocharides’ appointment as Chairman was locked almost a year ago when
President Nicos Anastasiades received the Cyprus Securities & Exchange Commission (Cysec) annual report praising its outgoing chair Demetra Kalogirou for her contribution to expanding the capital market. Kalogirou presented Anastasiades the last
Demetra Kalogerou, the current chairperson of CySEC, is due to leave her post in September after ten years in office. Within months after taking over at the helm of the country’s top
Credit Suisse recent woes, followed by the collapse of Greensill Capital and Archegos Capital last month, reminded everyone of the value of risk management. But it did more than that. It brought
The saga of Archegos Capital Management brought to surface lessons that should have been learned a long time ago. Archegos, meaning ‘leader’ in Greek, was forced to liquidate its portfolio at a
By Michael Olympios Of all the lessons provided by financial crises, none is more profound than the loss of trust. Financial regulators are well aware of its consequences and are keen to
The Cyprus capital market continues to grow despite tougher conditions, and with it, the regulator is expanding to cope with the additional burden. Demetra Kalogerou, Chairwoman of the Cyprus Securities and Exchange
