The Central Bank of Cyprus has designated as Other Systemically Important Institutions (O-SII institutions) the Cyprus Investment Firms (CIFs) Renaissance Securities (Cyprus) Ltd, BrokerCreditService (Cyprus) Ltd, SIB (Cyprus) Ltd, Etoro (Europe) Ltd and Alfa Capital Holdings (Cyprus) Ltd and set the level of additional capital they must maintain as a result of their systemic importance. The decision was taken following consultation with the Cyprus Securities and Exchange Commission. Further details are available in the link below:
Click here.