Monday May 11 2026
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: Cyprus
On 7th May 2026,the Cyprus Stock Exchange (CSE) announced that the House of Representatives has recently (February 2026) passed the Privatisation of the Cyprus Stock Exchange, the Central Securities Depository and Central Registry, and the Transfer of the Staff of the Cyprus Stock Exchange to the Ministry of Finance Law of 2026 [Law No. 13(I)/2026 on the Privatisation of the Cyprus Stock Exchange, the Central Securities Depository and Central Registry and the Transfer of the Staff of the Cyprus Stock Exchange to the Ministry of Finance], which regulates, inter alia, the procedure for the sale to a strategic investor of the shares of a special purpose company established as a medium for the privatisation of the CSE, the competent bodies and stages of the CSE’s privatisation, and the transfer and assignment of the CSE’s operations, responsibilities, activities, functions, and assets and liabilities to the strategic investor’s special purpose company.
Consequently, following the enactment of the necessary legal framework, it is now possible to proceed with the next steps towards privatisation.
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