Regulatory Alerts2024-04-04 | C629CySEC Circular C629: Requirements of the Portuguese Securities and Exchange Commission (CMVM) regarding Financial Intermediaries on Advertising
The Cyprus Securities and Exchange Commission (CySEC) issued Circular C629 to alert Cyprus Investment Firms about the advertising regulations established by the Portuguese Securities and Exchange Commission (CMVM). The CMVM mandates that financial intermediaries operating in Portugal must ensure their advertisements include proper entity identification, provide complete and truthful information, and clearly disclose associated risks alongside potential benefits. CySEC urges these firms to take necessary measures to adhere to these CMVM requirements when advertising financial services or instruments to investors in Portugal.
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