CySEC Aligns Disclosure Rules with EU’s Single Access Point

Cyprus is tightening disclosure requirements for large financial groups as part of efforts to improve transparency for investors and regulators across Europe.

The Cyprus Securities and Exchange Commission (CySEC) announced amendments to its Financial Conglomerates Directive (DI87-12) to connect Cyprus-based firms to the European Single Access Point (ESAP), the EU’s planned centralized platform for financial and sustainability disclosures.

Shift Toward Centralized EU Reporting

Under the updated framework, large investment firms, asset management companies, and alternative investment fund managers (AIFMs) that are part of financial conglomerates will be required to submit annual disclosures through CySEC. These filings will then be uploaded to ESAP.

The move represents a shift away from companies publishing information primarily through their own channels toward contributing data to a shared European database. ESAP is designed to give retail investors, analysts, and regulators a single location to access comparable information on companies and financial institutions across the EU.

CySEC said the final amendments follow a previous public consultation (CP-05-2025) and confirmed that the adopted provisions remain in line with the original proposals.

Broader EU Regulatory Push

The disclosure changes come as CySEC prepares for a broader tightening of the regulatory environment. The regulator has recently pointed to the growing impact of several EU initiatives, including the Anti-Money Laundering Authority (AMLA), the Markets in Crypto-Assets Regulation (MiCA), the Digital Operational Resilience Act (DORA), and revisions to MiFID II/MiFIR and AIFMD.

CySEC Chair Dr. George Theocharides said the combined implementation of new European rules, enhanced transparency, and stronger supervision is expected to support a stable regulatory environment. “In general, the combined implementation of the new European rules, the enhancement of transparency and investor protection, in combination with the enhanced supervisory role of the CySEC, create a stable and safe environment,” he said, adding that this could support further development of Cyprus’s capital market in 2026.

Implications for Cross-Border Groups

For Cypriot financial groups operating across multiple EU jurisdictions, the new regime means their disclosures will appear alongside those of peers in other member states on ESAP. This may increase visibility among investors who use EU-wide screening tools.

CySEC said firms seeking clarification on the updated requirements can contact its Policy Department as they prepare for implementation of the new framework.