Limassol Marina
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Settle So You Don't Appeal: CySEC's Controversial Push for Settlements

Recent developments in the Cyprus Securities and Exchange Commission (CySEC) have raised concerns regarding the regulatory body's approach to enforcement. An increasing number of companies are opting to settle significant fines rather than engage in protracted legal disputes. While settling allows firms to control the outcome better and avoid potentially harsher penalties, it does not guarantee the issuance of a comfort letter, which would typically be provided in a settlement.
by Sofia Gibson
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