Cyprus Securities and Exchange Commission | Macroprudential Tools
Macroprudential Tools
Home The CommissionThe Commission Public InformationPublic Information Regulated EntitiesRegulated Entities Regulatory FrameworkRegulatory Framework Investor ProtectionInvestor Protection Trusts RegistryTrusts Registry
Contact us  |  Links  |   EL / EN |
Macroprudential Tools

The Macroprudential Oversight of Institutions Law of 2015 (Law 6(1) of 2015), gives the power to the Central Bank of Cyprus, as the designated macroprudential authority of Cyprus (‘the Macroprudential Authority’), the responsibility for defining and implementing a macroprudential strategy for safeguarding the stability of the financial system, including strengthening the resilience of the financial system and decreasing the build-up of systemic risks, thereby ensuring a sustainable contribution of the financial sector to economic growth.
 
In order to fulfill its macro prudential objectives, the Macroprudential Authority may ask investment firms to hold capital buffers, in addition to the Common Equity Tier 1 capital maintained to meet the own funds requirement imposed by Article 92 of Regulation (EU) No 575/2013 (the ‘Regulation’).
 
In order to achieve the objectives of its macroprudential policy, the Central Bank of Cyprus, as the authorized authority, took decisions to activate / modify the macroprudential tools as mentioned on its website.
 
Cyprus Securities and Exchange Commission (‘CySEC’) is responsible for monitoring the compliance of the CIFs with the above capital buffers.

 


Πιστοποιημένος εργοδότης
Great Place to work
THE COMMISSION
About us
Structure
Transactions Notification System
Privacy Notice
Contact us
PUBLIC INFORMATION
Board Decisions
Announcements
Policy Statements
Circulars
Practical Guides
Consultation Papers
Certifications and Seminars
Court Decisions
Statistical Publications
Administrative Sanctions
Seminars & Lectures
Digital Signature/Submission
Events
REGULATED ENTITIES
Investment Firms
Crypto Asset Services Providers (CASP)
AIF Management Companies
Regulated Markets
ASP
AIF
UCITS & Management Companies
Issuers
Risk Based Supervision Framework
Multilateral Trading Facilities ( MTF)
AIFM & MANCO
Crowdfunding Service Providers (CSP)
Focus Area
Regulatory Sandbox
Payable Fees
REGULATORY FRAMEWORK
PEPPs
Services and Markets
Collective Investment and Managers
Issuers and Securities
Market Abuse
Benchmarks
Prevention of Money Laundering and Financi...
PRIIPs
Sanctions/Restrictive Measures
CySEC Law
ΕΛΛΗΝΙΚΑ Contact usInvestor ProtectionLinksPrivacy NoticeRSS ServiceTerms & ConditionsThe Commission
© Copyright, All Rights Reserved.