21 November, 2008

 

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PROFILE of CYPRUS STOCK EXCHANGE

 

LEGAL FRAMEWORK

The Legal framework of the Cyprus Stock Exchange consists of the following Laws and Regulations:  



 
(A)
 THE BASIC LAW AND THE REGULATIONS AND REGULATORY DECISIONS ISSUED BY VIRTUE OF THE LAW
  (1) The Securities and Cyprus Stock Exchange Laws.
 

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The Cyprus Securities and Stock Exchange Laws (Summary)
  (2) The Securities and Cyprus Stock Exchange Regulations (Part 1).
  (3) The Securities and Cyprus Stock Exchange Regulations (Part 2 - Supplements)
  (4) Trading Rules (Regulatory Administrative Act 409/2006 as amended).
  (5) Rules for Settlement of Securities (Regulatory Administrative Act 306/99 as amended).
  (6) Decision of the Council of the CSE by virtue of the power granted by articles 31, 34, 35, 36, and 39 of the Securities and Cyprus Stock Exchange Laws (Regulatory Administrative Act 81/2005 as amended) – Members of the CSE.
  (7) Decision of the Council of the CSE as per article 39 of the Securities and Stock Exchange Laws (Regulatory Administrative Act 166/2005 as amended) – Members’ Code of Conduct.
  (8) Decision of the Council of the CSE as per articles 10(2)(e), 33, 48, 57, 58, 59, 70, 72, 73, 83, 89, 113, 117, 118, 119, 125, 126, 140, 144, 179 and 186 of the Securities and Cyprus Stock Exchange Laws of 1993 to 2005 and Regulation 88 of the Securities and Cyprus Stock Exchange Regulations (Regulatory Administrative Act 596/2005 as amended) – Listing of securities on the Cyprus Stock Exchange, continuous obligations of the Stock Exchange Issuers, rights/fees of the Stock Exchange e.t.c.
 

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Corporate Governance Code

(B) THE CENTRAL SECURITIES DEPOSITORY AND CENTRAL REGISTRY LAW AND THE PUPLICATED REGULATIONS AND REGULATORY DECISIONS ISSUED BY VIRTUE OF THE LAW.
  (1) The Securities and Cyprus Stock Exchange (Central Securities Depository and Central Registry) Laws of 1996 to 2006.
  (2) The Securities and Cyprus Stock Exchange (Registering, Trading and settlement of dematerialized securities) Regulations.
  (3) Regulatory Decision of the Council of the CSE for the Establishment and Operation of a Joint Guarantee Fund for Ensuring the Clearing and Settlement of Stock Exchange Transactions (Regulatory Administrative Act 396/2006 as amended).
  (4)

Regulatory Decisions of the Council of the CSE on the Operation of a Central Securities Depository and Central Registry (Regulatory Administrative Act 398/2006 as amended) & Explanatory table of terms.

FORMS:

Form 1: APPLICATION FOR THE CREATION OF A SHARE ACCOUNT, A SECURITIES ACCOUNT AND AUTHORISATION OF USE

Form 2: APPLICATION FOR THE CREATION OF A SHARE ACCOUNT, A JOINT OWNERS SECURITIES ACCOUNT AND AUTHORISATION OF USE

Form 3: APPLICATION-STATEMENT OF SHARE ACCOUNT CONSOLIDATION

Form 4: AUTHORISATION OF USE

Form 5: APPLICATION FOR DEACTIVATION OF AUTHORISATION

Form 6: APPLICATION FOR THE TRANSFER OF SECURITIES FROM THE SPECIAL ACCOUNT

Form 7: APPLICATION-STATEMENT OF SHARE ACCOUNT DEACTIVATION

Form 8: APPLICATION FOR CHANGING THE DETAILS OF AN INVESTOR’S SHARE ACCOUNT AND SECURITIES ACCOUNT

Form 9: APPLICATION FOR THE PROVISION OF INFORMATION

Form10: ACCESS TO CSD ONLINE SERVICE

Form11: DECLARATION OF INTENT TO TRANSFER OR CHARGE/ PLEDGE SECURITIES

Form12: APPLICATION FOR THE REVOCATION OF A DECLARATION OF INTENT TO TRANSFER OR CHARGE/ PLEDGE SECURITIES

Form13: APPLICATION AND ANNOUNCEMENT OF AN OFF EXCHANGE TRANSFER

Form14: ACKNOWLEDGMENT OF PLEDGE OVER DEMATERIALISED TRANSFERABLE SECURITIES

Form15: NOTICE OF RELEASE OF DEMATERIALISED TRANSFERABLE SECURITIES

Form15Á: APPLICATION FOR THE ENFORCED SALE OF PLEDGED SECURITIES

Form16: PROPOSED TYPE OF NOTIFICATION OF A DECISION OF THE BOARD OF DIRECTORS/ADMINISTRATIVE BODY UNDER ARTICLE 35 OF CSD’S REGULATION OF OPERATION

Form17: APPLICATION FOR INVESTOR’S SHARE ACCOUNT SEARCH

Form18: APPLICATION

  (5) Regulatory Decisions of the Council of the CSE on the Clearing and Settlement of Stock Exchange Transactions in Respect of Dematerialized Securities of the Central Securities Depository and Central Registry (Regulatory Administrative Act 397/2006 as amended).
  (6) Central Registry of Stock Exchange Securities – Investors’ Manual (Regulatory Administrative Act 408/2006).
  (7) Regulatory Decision concerning the procedure of acceptance, the clearing and the settlement of the transactions which concern dematerialized securities of the Central Securities Depository and Central Registry after acceptance of public offer or the exercise of squeeze out (Regulatory Administrative Act 96/2008).
     
     
  ** The full text of the above laws can be found at the Greek version of this site. The only English Version of the Laws are provided below:
 


 
 
 
 
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