Summary of CySEC's Circular C372

Memo #21-2020

CySEC Circular No: C372
Date: 30/03/2020

Subject: Payable annual fees for 2019 (Form 87-03-01) – Change of Deadline
Purpose: To inform the CIFs for the change of the submission deadline of the Form 87-03-01 and relevant Annex

In Summary:

CySEC has issued the Circular C372 on 30/03/2020 in order to inform the Cyprus Investment Firms (CIFs) that the deadline for the submission to CySEC of the Form 87-03-01 – Annual Fees Calculation Form including the Annex which are: 1) the extract from the audited financial statement with the total turnover of the corresponding year and 2) evidence of the annual fees payment to the Commission, is changed.

In this respect, the Form 87-03-01, together with the Annex, should be submitted to CySEC by the end of July 2020 at the latest.

The change of the deadline is due to the developments related to the Coronavirus disease 2019 (COVID-19).
This Circular C372 is issued pursuant to paragraph 5(6) of CySEC`s Directive on charges and annual fees of persons that fall within the scope of the Investment Services and Activities and Regulated Markets Law of 2017 (DI87-03).

Read the CySEC Circular C372

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