On May 22, CYP SEC issued circular to issuers on submission for 2024.
CYP SEC issued circular regarding risk based supervision framework forms for 2024.
Overview
Circular issued pursuant to section 25.1)(c)(ii) & (iii) of the CYP SEC Law.
Requests all Local Listed and International Listed Companies (Listed Companies) complete Form RBSF-LLC and Form RBSF-ILC respectively in Appendix.
Must electronic submit information for 2024 via TRS, by Jun. 23, 2025, at the latest.
For successful implementation of RBS-F, imperative all information requested from Listed Companies stated, to be completed and submitted within timeframes set.
Form/s will be available only in English, to be completed based on Audited Financial Statements of Listed Company for reporting period Jan. 1-Dec. 31, 2024.
The forms must use as reference date Dec. 31, 2024; in case that Listed Company’s Audited Financial Statements have different reporting period, different reference date, email sent, informing about different reporting period, request help to complete form.
Fully completed excel form should be named based on instructions in circular.
It must be submitted only electronically via TRS System within the timeframes set.
Successful submission is considered only if Listed Companies submit form/s via TRS System, receive positive feedback file dispatched on Outgoing folder of TRS System.
CYP SEC emphasizes importance of meeting the deadline of Jun. 23, 2025 as failure to promptly and duly comply may bear administrative penalties of S37(5) CYP SEC Law.
Queries on completion of fields of Form RBSF-LLC and RBSF-ILC, primarily in writing by sending email to address provided by Jun. 16, 2025 (at the latest) or by phone.
For technical matters on digitally signing and submitting the form/s, Listed Companies advised to frequently visit CYP SEC’s dedicated section.
