Our View: Supervision of investment firms a delicate balancing act

The Peer Review Committee (PRC) European Securities and Markets Authority (ESMA) noted the progress made by the Cyprus Securities and Exchange Commission (CySEC) in strengthening supervisory and enforcement practices following recommendations issued in a 2022 review of cross-border investment firm supervision.

The PRC assessed actions by national authorities, including CySEC, with regard to authorisation, supervision, […] ...