Legislation on Mortgage Credit
Directives & Guidelines regarding Mortgage Credit
Licensing Fees
In order to obtain the authorisation, an application should be submitted to the CBC together with all the information referred to in subsection (5) of section 34A of the Law. It is noted that the application must include a receipt of the payment of the relevant application fee which should be deposited in the account - "APPLICATION FEES" with IBAN CY65 0010 0001 0000 0000 0772 3042.
Application forms for non-credit institutions
Legal persons interested in obtaining an authorisation to operate a non-credit institution must complete form named NCI/Q1 and submit it to the CBC.
Direct and indirect corporate controllers of the applicant seeking to acquire a holding in a non-credit institution, must complete form named NCI/Q2 and submit it to the CBC.
Direct and indirect controllers (natural persons) of the applicant seeking to acquire a holding in a non-credit institution must complete form named NCI/Q3 and submit it to the CBC.
Regarding the members of the management body and key function holders of non-credit institutions, every candidate must complete form named NCI/Q4 and submit it to the CBC.
Applications and relevant documentation should be submitted via the CBC’s e-platform. For further details and relevant instructions please send an email request to licensingsection@centralbank.cy
Application forms for Credit Intermediaries
Natural person interested in obtaining an authorisation as a credit intermediary must complete the form named CIN-CI and submit it to the CBC.
Legal persons interested in obtaining an authorisation to operate as a credit intermediary must complete form CIL-CI and submit it to the CBC.
Every legal person seeking to hold/acquire directly or indirectly a qualifying holding in a legal person applying for authorisation/authorised as credit intermediary must complete form named QHL-CI and submit it to the CBC.
Every natural person seeking to hold/acquire directly or indirectly a qualifying holding in a legal person applying for authorisation/authorised as credit intermediary must complete form named QHN-CI and submit it to the CBC.
Regarding the members of the management body and key function holders of a legal person applying for authorisation/authorised as credit intermediary, every candidate must complete form named MMB/CI and the "Time Commitment Table" and submit them to the CBC.
Applications and relevant documentation should be submitted via the CBC’s e-platform. For further details and relevant instructions please send an email request to licensingsection@centralbank.cy
Register of Credit Intermediaries