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Central Bank of Cyprus maintained the countercyclical buffer (CCyB) for banks and investment firms to 0% of the total risk exposure amount for the period 1 April 2022 to 30 June 2022. According to a press release issued by the CBC, the decision was taken in accordance with the methodology described in the CBC’s macroprudential policy and covers each licensed credit institution and each investment firm that provides the investment services of dealing on own account or underwriting of financial instruments …
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