CySEC Basic Practice Questions - CySEC Basic Certification Exam

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CySEC has the power to impose administrative fines on a Cypriot Investment Firm (CIF) that violates Law 87(I)/2017. What is the primary purpose of these administrative powers?

To generate revenue for the national budget of Cyprus To enforce compliance, protect investors, and maintain market integrity To replace the judicial court system for criminal prosecutions To establish monetary policies and control inflation in Cyprus

Correct Answer:

To enforce compliance, protect investors, and maintain market integrity

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