The Emerging Companies Market (E.C.M.) of the Cyprus Stock Exchange (CSE) is considered as a Multilateral Trading Facility (MTF) according to “the provision of Investment Services, the exercise of investment activities, the operation of regulated markets and other related matters” Law 144(I)/ 2007.
The E.C.M. operates according to the Regulative Decisions adopted by the CSE, therefore it does not come under the mandatory provisions for regulated markets. If the issue of a prospectus is needed for issuers wishing to obtain a listing in this Market, then the approval of the Securities and Exchange Commission should be given. Investors should be aware that they are investing in companies with higher potential risk and are encouraged to study carefully and evaluate the relevant risks prior to any investment.