Summary of CySEC's Circular C396

Memo #40-2020

CySEC Circular No: C396
Date: 30/06/2020

Subject: ASPs Quarterly Statistics (Form QST-ASP)
Purpose: To inform ASPs that the Form QST-ASP Version 3 is issued and that should be submitted to CySEC.

In Summary:

CySEC has issued the Circular C396 on 30/06/2020 in order to inform Administrative Services Providers (‘ASPs’) that the latest version of the Form QST-ASP Version 3 is issued.

The Form QST-ASP Version 3 must be completed and submitted to CySEC by all ASPs that were authorised by June 30, 2020. Here it is noted that, the ASPs that were authorised by June 30, 2020, but have not made use of their authorisation must also submit the Form.

The deadline to submit the Form QST-ASP Version 3 is by 15:00 hrs, Friday, July 31, 2020, at the latest.

The Form QST-ASP Version 3 must be submitted electronically via the CySEC’s Transaction Reporting System (‘TRS’).

The Circular C396 also includes the steps that ASPs shall follow for the successful submission of the Form to the TRS, as well as, reference to the creation method and signing the Form.

The Form QST-ASP Version 3 can be found as Appendix on the Circular C396.

Read the CySEC Circular C396

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