## Cyprus: Financial Sector Assessment Program Update: Technical Note: Factual Update of IOSCO Core Principles of Securities Regulation

_IMF Staff Country Reports, June 1, 2009_

## Source details

**Canonical URL:** [Cyprus: Financial Sector Assessment Program Update: Technical Note: Factual Update of IOSCO Core Principles of Securities Regulation](https://www.imf.org/en/publications/cr/issues/2016/12/31/cyprus-financial-sector-assessment-program-update-technical-note-factual-update-of-iosco-22990)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/cyprus-financial-sector-assessment-program-update-technical-note-factual-update-of-iosco-22990/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/cyprus-financial-sector-assessment-program-update-technical-note-factual-update-of-iosco-22990/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/cyprus-financial-sector-assessment-program-update-technical-note-factual-update-of-iosco-22990/bundle-manifest.json)

## Bibliographic details
- Published: June 1, 2009
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451809947.002

---

### Overview
- This technical note presents factual update of International Organization of Securities Commissions Core Principles of Securities Regulation for Cyprus.
- Publication date: June 1, 2009.
- The note documents legal and regulatory arrangements supporting securities regulation and disclosure in Cyprus.

### Key findings
- There is provision in the law allowing for the sharing of information and cooperation with both domestic and foreign regulators.
- The Cyprus law transposing the European Union Prospectus and Transparency Directives, together with the company law and stock exchange law, provide:
  - accurate and timely disclosure of financial results; and
  - adequate safeguards in the fair and equitable treatment of shareholders.

### Legal and regulatory framework (as reported)
- Laws and transpositions cited:
  - Cyprus law transposing the European Union Prospectus and Transparency Directives.
  - Company law.
  - Stock exchange law.
- Regulatory cooperation:
  - Legal provisions enable information sharing and cooperation with domestic regulators.
  - Legal provisions enable information sharing and cooperation with foreign regulators.

---

## Content in this bundle

- **IOSCO OFC Assessment 2005—Recommended Action Plan**
  - [IOSCO OFC Assessment 2005—Recommended Action Plan (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2009/_cr09169.pdf.md){rel="alternate" type="text/markdown"}
  - [IOSCO OFC Assessment 2005—Recommended Action Plan (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2009/_cr09169.pdf){rel="external" type="application/pdf"}

---

_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/cyprus-financial-sector-assessment-program-update-technical-note-factual-update-of-iosco-22990_