Nicosia, Cyprus. The Cyprus Securities and Exchange Commission (CySEC) marked its 30th anniversary with a conference in Nicosia attended by more than 160 guests, including officials and senior representatives of European supervisory authorities. The event, held on April 29, focused on the regulator’s evolution and future challenges in financial supervision.
Conference focus and attendance
CySEC said the conference reviewed the regulator’s development over the past three decades and examined challenges linked to artificial intelligence, digital finance, and market integrity.
President outlines CySEC’s role
President Nikos Christodoulides described CySEC as a key pillar of Cyprus’ transformation into a modern financial centre and praised its role in safeguarding the stability of the investment sector.
“CySEC remains the guardian of transparency and stability, exercising substantive and rigorous supervision over the investment services sector to ensure the orderly functioning of the market,” Christodoulides said.
“Its role is vital for investor protection and the attraction of high-quality investments,” he added.
Christodoulides said the government supports the authority’s operational capacity to address modern supervisory challenges and reinforce the international credibility of the Cypriot economy.
Chairman on CySEC’s development since 1996
CySEC chairman George Theocharides reflected on the regulator’s development since its establishment in 1996, saying it had evolved from a very small organisation into a modern European supervisory authority employing more than 200 professionals with multidisciplinary expertise and expanded supervisory capabilities.
“Today, CySEC stands as a resilient, modern, and fully integrated European supervisory authority, committed to effective supervision, investor protection, and the sustainable and sound development of the capital market,” Theocharides said.
Theocharides also highlighted a growing focus on financial technology, crypto-assets, financial literacy, and investor education.
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