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Documents Foreign UCITS Documents UCITS Distributors Distributors Register Distributors Documents Issuers Main Subpage Listing Conditions Approved Prospectuses Notifications of Approved Prospectuses FAQs European Issues Main Subpage CESR CESR – Fin CESR – Pol CESR – Tech Investors Training Warnings Public Holidays European Issues Return Latest Update High-level Group on Financial Supervision in the EU chaired by Mr. Jacques de Larosière 1 ...   With the accession of Cyprus Republic to the European Union, the Memorandum of Understanding with foreign supervisory bodies, the role of the Cyprus Securities and Exchange Commission is expanded beyond the island boarders as is recognized as an equal member of the Union with the ability, among other, to issue operational licenses for Investment Firms which are valid in all European States as well as take part in all technical committees regarding stock market issues.   Proposals for directive amendment   Consultations from the Committee of European Securities Regulators   Hearings from the Committee of European Securities Regulators   Lamfalussy Procedure   Ευρέως αποδεκτή μέθοδος προς καλύτερη και πιο πρακτική διαδικασία για συμφωνία του νομικού πλαισίου και ρύθμιση των κεφαλαιαγορών σε επίπεδο Ευρωπαϊκής Ένωσης. Δεύτερη Έκθεση Επίβλεψης της διαδικασίας Lamfalussy, ημερομηνίας 10 Δεκεμβρίου 2003   European Union Directives, Regulations and Consultations concerning the Capital Market Latest announcements and directives involving the Cyprus Securities and Exchange Commision issued from the European Parliament and the Council of European Uniion.   High-level Group on Financial Supervision in the EU chaired by Mr. Jacques de Larosière European Directive of 14 June 2006 amending Council Directives 78/660/EEC on the annual accounts of certain types of companies FAQs regarding Prospectuses - Common Positions agreed by CESR Members - Updated 05/2008 Regulation 1787/2006 regarding information contained in Prospectuses European Directive 2007/14/EC for implementing certain provisions of European Directive 2004/109/EC Regulation 211/2007 regarding amending Regulation 809/2004 for the implementation of European Directive 2003/71/EK European Directive 2004/109/EC regarding harmonisation of transparency requirements Final guidelines by the Committee of European Securities Regulators (CESR) on the simplification of the notification procedure of UCITS [CESR / 06-120b] European Directive 2004/25/EC regarding takeover bids CESR's recommendations for the consistent implementation of the European Commission's Regulation on Prospectuses no 809/2004 European Directive 2003/71/ΕΚ regarding publishing the prospectus when securities are offered to the public European Directive 2003/6/EC regarding Market Abuse Regulation 809/2004 for implementing Directive 2003/71/EC Final Report of the Wise Committee   Standards, Recommendations and Guidelines issued by CESR CESR Statement on reclassification of Financial Instruments CESR 07-703 (Overview of national options and discretions) CESR 07-672 (Protocol on supervision of branches) CESR 07-337b (Recommendations on passport) CESR 07-317b (Protocol on MIFID Passport Notifications) CESR 07_320 (Q&A on Best Execution) CESR 07_301 (CESR Level 3 Guidelines on Transaction reporting) CESR 07_228b (Recommendations - Inducements)   European Legal Framework regarding UCITS CESR 06-120b CESR Guidelines to simplify the notification procedure of UCITS CESR 07-434 CESR Guidelines on the classification of hedge fund indices as financial indices CESR 07-044 CESR Guidelιnes concerning eligible assets for investment by UCITS European Commission Reccommendation 2004-383-EC on the use of financial derivative instruments Implementing Directive 2007/16/EC on eligible assets for investment by UCITS Consolidated Directives re UCITS 85-611, 88-220, 95-26, 2000-64, 2001-107, 2001-108, 2004-39 and 2005-01   European Directives regarding MiFID Directive 2004/39/EC regarding financial instruments Directive 2006-73-EC regarding implementing Directive 2004-39-EK Commission Regulation 1287-2006 implementing Directive 2004-39-EC Directive 2006-31-EC amending Directive 2004-39-EC   European Directives regarding CRD Directive 2006-49-EC regarding capital adequacy of investment firms and credit institutions   Information regarding legislative requirements on Takeover bids In relation to Issuers whose registered office is in the Republic of Cyprus and who are listed in regulated markets of other EEA Countries but not in the Republic.