CySEC has alerted regulated firms to common EU formats for submitting beneficial-ownership information to central registers, with application from 10 July 2027. Its 27 October Circular C810 draws attention to Commission Implementing Regulation 2026/2354, adopted on 16 October and published in the Official Journal on 22 October.[1]
The circular is addressed to Cyprus investment firms, cryptoasset service providers, administrative service providers and several categories of fund manager and self-managed fund. It asks recipients to take the regulation into account. It does not announce an immediate CySEC filing exercise or set a separate near-term submission deadline.[1]
The change reaches the structure of the filing
The regulation specifies formats for identity, ownership and control data. It includes fields for nominee arrangements and a minimum checklist that central-register operators must apply before accepting submissions. For complex ownership structures, the annex describes information to be supplied through an organisational chart or structured data.[2]
For a broker group preparing a filing, accurate internal records are only the starting point. The information about people, entities and relationships also has to fit the register’s submission format.
Timing and transition in the EU text
| Point | What the regulation says |
|---|---|
| Application | 10 July 2027.Source 2 |
| Existing registrations | Recital 10 envisages no immediate format change for earlier registrations, while allowing Member States to require compliant formats when information is updated.Source 2 |
| Beneficial-owner data available from another register | The central-register operator must reuse it or request its existing format if the data can be displayed in full compliance with the applicable regulations.Source 2 |
For brokers and their administration providers, the useful preparation is to identify where ownership information is maintained and how it reaches the relevant central register. The July date concerns the common submission framework. The CySEC notice does not, by itself, describe a replacement customer-onboarding process.
Sources & further reading
- Circular C810 — Commission Implementing Regulation (EU) 2026/2354 on formats for submitting beneficial ownership information Cyprus Securities and Exchange Commission · 27 Oct 2026 · Accessed 29 Oct 2026
- Commission Implementing Regulation (EU) 2026/2354 of 16 October 2026 on formats for submitting beneficial ownership information Official Journal of the European Union · 22 Oct 2026 · Accessed 29 Oct 2026