The Cyprus Securities and Exchange Commission (CySEC), as part of the annual student awards, has awarded financial prizes for the total amount of €1000 for the academic year 2023-2024.

Paying tribute to the first Chairman of CySEC, the awards were granted in memory of the late Frixos Sorokos, who laid the foundations for the creation of the supervisory authority. The mission of CySEC is to exercise effective supervision to ensure the protection of investors and the healthy development of the Cypriot capital market so that it becomes one of the safest, most reliable, and attractive investment destinations.

The two students, each receiving a cash award of €500, are Mr Petros Petrou and Mr Agisilaos D. Panayiotopoulos, students at the European University Cyprus.

The cash awards were presented on behalf of CySEC by Officer, Ms Nicoletta Livera, during the Graduation Ceremony held on Wednesday, 3 July 2024, at the European University Cyprus.

The ultimate goal of CySEC through these annual awards is to encourage students to acquire or deepen their knowledge on issues that fall within the scope and work of CySEC, as well as the investment services sector it oversees, thereby enhancing and disseminating knowledge via academic research.

The annual students award is part of CySEC’s efforts to promote and strengthen financial education in Cyprus, with particular emphasis on young people.