Nicosia, Cyprus. The Cyprus Chamber of Commerce and Industry (Keve) announced a public consultation on the draft Security of Networks and Information Systems (Fees) Regulations, 2026, with comments due by February 27, 2026. The chamber said the draft remains at a preliminary stage and has not been finalised.
Draft regulations and scope
In a circular to its members, Keve said the draft legislation entitled “Security of Networks and Information Systems (Fees) Regulations” has been published for consultation.
The proposed regulations provide for the imposition and collection of funding fees exclusively from organisations and undertakings that may be designated by the competent Authority as “essential” or “important entities” under existing and forthcoming legislation on the security of networks and information systems.
According to the announcement, the designation applies to entities operating in sectors of heightened criticality and follows an official assessment by the competent authority. The chamber said the draft does not concern all businesses and does not imply the automatic inclusion of all organisations within the scope of the proposed provisions.
Purpose of the proposed fees
According to the announcement, the proposed fees aim to cover the administrative expenses of the competent authority in exercising its responsibilities in the field of cybersecurity.
These responsibilities include supervision, compliance monitoring and the management of cybersecurity incidents, as part of the broader framework for strengthening network and information systems security.
Consultation material and deadline
The chamber encouraged its members to examine the proposal and submit comments or suggestions within the consultation process.
The relevant material, including the draft legislation and the explanatory document, has been made available through the official consultation platform. The deadline for submissions is February 27, 2026.
Will you submit comments to Keve on the draft Security of Networks and Information Systems (Fees) Regulations, 2026 before the February 27, 2026 deadline?
