The Cyprus Securities and Exchange Commission (CySEC) released Circulars C540 and C542, to inform Alternative Investment Fund Managers (AIFM) and Cyprus Investment Firms (CIF) respectively, for the submission of the QST Form concerning the 4^th quarter of 2022. In addition, CySEC released Circular C543, to inform CIF regulated entities for the submission of the CA Form also concerning the 4^th quarter of 2022.

All CIF and AIFM that were authorised by the 31^st of December 2022, are required to complete and submit the above-mentioned forms, via the CySEC Transaction Reporting System (TRS) by 15:00 hrs as per the below deadlines:

For the naming convention, the Username corresponds to the TRS credentials of the regulated entity, and yyyymmdd the end of the form’s reporting period.

Both QST and CA forms must be completed in the English language, and report data in Euro rounded to the nearest unit. Regarding the QST Form, CIF regulated entities are required to report only the investment and ancillary services that they have provided during the reporting period and not the services that they are licensed for.

CySEC highlights that forms are regarded as being successfully submitted only when a NO ERROR indication feedback file is received. Furthermore, failure to submit a complete report on time may result in the imposition of administrative penalties.

For more regulatory reporting obligations that CIF and AIFM are required to fulfil in 2023, please visit the SALVUS Regulatory Reporting Obligations Calendar^TM.

Please contact us at info@salvusfunds.com if you require additional information or support with the submission of the QST and CA forms; our Regulatory Compliance team is ready.

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