CySEC Imposes Administrative Fines on Five Financial Firms for Breaching Transparency Requirements

The Board of the Cyprus Securities and Exchange Commission ('the CySEC') would like to inform the public that, at its meeting held on 2 nd August 2021, decided to impose the following administrative fines for violations of the Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law of 2007, as amended ('the Law'), in regard to the publication of the Annual Financial Report for the year 2019:

1. Aias Investment Public Ltd (LEI 2138001G526W1KXZU288) – Imposition of a total administrative fine of €6,750 for violation of sections 9(1) and 37(2)(a) of the Law,

2. A.L. Prochoice Group Public Ltd (LEI 213800X4N6A2TP3VL296) – Imposition of a total administrative fine of €6,500 for violation of sections 9(1) and 37(2)(a) of the Law,

3. SFS Group Public Company Ltd (LEI 2138006US5U8I9DY6T24) – Imposition of a total administrative fine of €6,250 for violation of sections 9(1) and 37(2)(a) of the Law,

4. Regallia Holdings & Investments Public Ltd (LEI 2138002JN5N2VN21BR57) – Imposition of a total administrative fine of €5,050 for violation of sections 9(1) and 37(2)(a) of the Law,

5. Isxis Investment Public Ltd (LEI 213800BCDB1MZLK5NZ58) – Imposition of a total administrative fine of €5,050 for violation of sections 9(1) and 37(2)(a) of the Law and

6. D.A.P.P. Digital Access Pass PTE Investments Public Company Ltd (LEI 213800HXVMES8WAJ4N73) – Imposition of a total administrative fine of €4,875 for violation of sections 9(1) and 37(2)(a) of the Law.