Summary of CySEC's Circular C449

Memo #23-2021
CySEC Circular No: C449

Date: 19/05/2021
Subject: Payable annual fees for 2020 (Form 87-03-01) – Change of Deadline
Purpose: To inform CIFs that the deadline for the submission of Form 87-03-01 is changed.

In Summary:

CySEC has issued the Circular C449 on 19/05/2021 to inform the Cyprus Investment Firms (‘CIFs’), that the deadlines for the submission to CySEC of the 1) Form 87-03-01 – Annual Fees Calculation Form including the Annex which are: 1) the extract from the audited financial statement with the total turnover of the corresponding year and 2) evidence of the annual fees payment to the Commission, are extended.

The new deadline to submit to CySEC the Form 87-03-01, together with the Annex, is by the end of June 2021 at the latest.

CySEC notes that the extension given is due to the developments related to the Coronavirus disease 2019 (COVID-19).

Read the CySEC Circular C449

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