CySEC Welcomes ESMA Follow-Up Peer Review on Cross-Border Supervision of Investment Firms

The Cyprus Securities and Exchange Commission (CySEC) has announced that it welcomes the follow-up Peer Review Report published by the European Securities and Markets Authority (ESMA) focusing on the supervision of cross-border activities of investment firms. The regulatory peer review process evaluates how national competent authorities across the European Union oversee investment firms operating across borders, aiming to enhance supervisory convergence and strengthen investor protection within the single market. CySEC's response underscores its ongoing engagement with EU-level supervisory standards and the oversight of regulated entities offering financial services across member states.