CySEC Announces Cyprus Temporary Permissions Regime for UK Investment Firms post-BREXIT

On 22 December 2020, the Cyprus Securities and Exchange Commission (“CySEC”) announced the introduction of a Temporary Permissions Regime (the “Cyprus TPR”) which applies to UK-authorized investment firms (but not UK-authorized credit institutions as regards MiFID II regulated services and activities) in order to facilitate smooth post-Brexit transition for Cyprus Investment Firms (“CIFs”) having arrangements […]