Regulatory Alerts2024-01-24 | C617CySEC Circular C617: Implementation of ESRB Recommendation 2022/9 on Commercial Real Estate Vulnerabilities
The Cyprus Securities and Exchange Commission (CySEC) has adopted the European Systemic Risk Board's Recommendation 2022/9 to monitor and mitigate vulnerabilities in the commercial real estate sector. Regulated entities, including AIFMs and UCITS managers, are required to submit detailed exposure and liquidity data for funds active as of June 30, 2023, using the designated CRE-IF form. This mandatory reporting must be completed electronically via the Transaction Reporting System by February 23, 2024, to ensure financial stability and compliance with macroprudential oversight.
Share