Permanent Cyprus Product Intervention Measures (CyNPIM)
1 min readOct 8, 2019
Following the consultation period initiated by Cyprus Securities and Exchange Commision (CySEC) — which ended mid of June 2019 — the Cypriot National Competent Authority (NCA) issued their policy statement (PS-04–2019) introducing the permanent product intervention measures at a national level (cyNPIM). The statement provides restrictions on the marketing, distribution and sale of contracts for difference. This was expected to take place, after the temporary intervention measures of ESMA were not extended after 1st of August and each NCA was called to introduce their permanent measures at a national level.
Read More…
- CySEC suggestions in the CP-02–2019 consultation paper
- What is included in the CyNPIM and what is NOT changing from the initial temporary ESMA measures
- What is changing from the ESMA measures?
