The Market Surveillance and Investigations Department is responsible, among others, for investigating complaints filed with CySEC, carrying out own-initiative investigations, carrying out investigations on behalf of foreign supervisory Authorities and issuing investor warnings regarding companies that provide investment services in the Republic without holding a CySEC licence.
More specifically, the Department is responsible for:
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Investigating potential violations of legislation for which CySEC has been named the competent Authority.
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Investigating investor complaints.
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Receiving and monitoring notifications submitted to CySEC under Regulation 596/2014 on market abuse.
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Participating in ESMA committees that concern the Department’s operations.
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Issuing circulars and announcements to regulated entities and to investors.
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Cooperation with other Authorities and organisations of the Republic, EU member states and third countries within the framework of its aforementioned responsibilities.
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Receiving and handling infringement reports (whistleblowers).