Talk:Cyprus Securities and Exchange Commission

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Conflict of Interest edit request

The user below has a request that a significant addition or re-write be made to this article
for which that user has an actual or apparent conflict of interest.
The requested edits backlog is moderate. Please be patient.
There are currently 109 requests waiting for review.

Please read the instructions for the parameters used by this template for accepting and declining them, and review the request below and make the edit if it is well sourced, neutral, and follows other Wikipedia guidelines and policies.

What I think should be changed (include citations):

Current Text: "The Cyprus Securities and Exchange Commission, (Greek: Επιτροπή Κεφαλαιαγοράς) better known as CySEC, is the financial regulatory agency of Cyprus. As an EU member state, CySEC's financial regulations and operations comply with the European MiFID financial harmonization law."

Proposed Replacement Text: "The Cyprus Securities and Exchange Commission (CySEC) is the independent public supervisory authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus, and the collective investment and asset management sector.^[1] It also supervises firms offering administrative services that do not fall under the supervision of the Institute of Certified Public Accountants of Cyprus (ICPAC) and the Cyprus Bar Association, as well as Crypto-Asset Services Providers."^[2]

Why it should be changed:

The existing description inaccurately refers to CySEC as a financial regulatory agency. In fact, CySEC is a national competent authority, not an agency, and operates as an independent public supervisory body responsible for regulating and supervising the investment services market and related sectors in Cyprus. This update reflects the correct legal status and scope of CySEC, emphasizing its role as a supervisory authority rather than merely a financial regulatory agency. The changes also expand the description to include its responsibility for overseeing firms offering administrative services and Crypto-Asset Services Providers, aligning with current legal mandates.

81.99.177.129 (talk) 13:03, 3 October 2024 (UTC)[reply]

1. It's still an agency in a broad sense of the word.

2. The main problem with your proposed edit, however, is that it's a word for word copy from another website, which is a copyright violation and isn't allowed on Wikipedia. Vgbyp (talk) 17:08, 3 October 2024 (UTC)[reply]

Also, 3. Would the requesting user please disclose their conflict of interest as required under WP:DISCLOSE? Thank you for your co-operation. Axad12 (talk) 18:05, 3 October 2024 (UTC)[reply]

References

^ "VISION, MISSION & RESPONSIBILITIES". CySEC. Retrieved October 3, 2024.
^ "Regulatory Framework". CySEC. Retrieved October 3, 2024.

[1] "VISION, MISSION & RESPONSIBILITIES". CySEC. Retrieved October 3, 2024.

[2] "Regulatory Framework". CySEC. Retrieved October 3, 2024.

[1]

[2]