With respect to the Monthly Reporting Obligations of Cyprus Investment Firms (“CIF”s) as per the relevant provisions of the Law 87(I)/2017, as amended, as well as the Directives and Circulars issued thereof, we would like to remind you of the obligations for November 2020:
A. Circulars
Deadline: 10th of November 2020
Way of submission: via the TRS
B. Cyprus Investment Firms
CIF Reports
CIFs
CySEC
Monthly reporting obligations
Cyprus Securities and Exchange Commission
Regulatory framework
Investment Services Law
Monthly Prevention Statements: Kindly inform us the total amount of "Cash" deposits over 10K for October 2020, so we can prepare the Monthly Prevention Statement for CySEC.
Deadline: 14th of November 2020
Way of submission: via the Portal
Complaints Form: T144-002-01
Deadline: 5th of November 2020
Way of submission: via the TRS
C. Quarterly Capital Adequacy Report: please review Circular C350 concerning the "Preparation, submission of consolidated audited financial statements and consolidated capital adequacy forms" and proceed accordingly if applicable.
Deadline: 11th of November 2020
Way of submission: Trial Balance, Balance Sheet, Profit and Loss via Portal. Excel Forms via TRS System.
Reference Period: 30 September Q3
If you have questions do not hesitate to contact us.
Written by Angeliki Georgiou, Independent Legal Consultant