CySEC stated that the action is aimed at protecting investors.
The decision was reached in a meeting held on October 23.
The Cyprus Securities and Exchange Commission
(CySEC) has taken decisive action against Neo Premium Investments (NPI) Ltd.
The regulatory body announced the withdrawal of NPI's Cyprus Investment Firm
(CIF) authorization today (Thursday).
Following the withdrawal of NPI's CIF authorization,
the firm is facing a series of challenges, including the cessation of its
activities as a CIF. According to the regulator, this action
is intended to ensure that the regulated companies adhere to the highest standards of
financial practices, mitigating risks and protecting investors.
CySEC's Firm Stand on Compliance
CySEC maintains that companies must comply with the regulations, uphold their fiduciary responsibilities, and prioritize the
welfare of their investors. The decision to withdraw NPI's license was officially reached during a meeting held on
October 23, 2023.
Source: CySEC
Last month, CySEC warned the Board Members of CIFs
to enhance performance and prioritize integrity and high ethical standards. Dr
George Theocharides, the Chairman of CySEC, stressed that Cyprus remains open
for business but only for those entities that adhere to rigorous regulatory
standards.
Separately, CySEC issued a directive to CIFs in a recent notice, drawing their attention to the product intervention measures
established by the Comisión Nacional del Mercado de Valores (CNMV) in Spain.
These measures, effective from August 3, 2023, are designed to safeguard the
interests of retail investors in the country, mainly concerning contracts for difference (CFDs) and other leveraged products.
Regulatory Push to Safeguard Retail Investors
In light of advertisement restrictions, the CNMV
resolution is prohibiting the advertisement of CFDs and other leveraged instruments
to retail investors. This restriction is intended to limit the exposure of
retail investors to high-risk financial products. CySEC emphasized the importance of financial firms
adhering to the product intervention measures set by CNMV.
Besides that, the CNMV has imposed restrictions on
specific remuneration policies and sales techniques related to CFDs and
leveraged products. These limitations are designed to prevent aggressive or
inappropriate marketing and sales tactics.
The Cyprus Securities and Exchange Commission
(CySEC) has taken decisive action against Neo Premium Investments (NPI) Ltd.
The regulatory body announced the withdrawal of NPI's Cyprus Investment Firm
(CIF) authorization today (Thursday).
Following the withdrawal of NPI's CIF authorization,
the firm is facing a series of challenges, including the cessation of its
activities as a CIF. According to the regulator, this action
is intended to ensure that the regulated companies adhere to the highest standards of
financial practices, mitigating risks and protecting investors.
CySEC's Firm Stand on Compliance
CySEC maintains that companies must comply with the regulations, uphold their fiduciary responsibilities, and prioritize the
welfare of their investors. The decision to withdraw NPI's license was officially reached during a meeting held on
October 23, 2023.
Source: CySEC
Last month, CySEC warned the Board Members of CIFs
to enhance performance and prioritize integrity and high ethical standards. Dr
George Theocharides, the Chairman of CySEC, stressed that Cyprus remains open
for business but only for those entities that adhere to rigorous regulatory
standards.
Separately, CySEC issued a directive to CIFs in a recent notice, drawing their attention to the product intervention measures
established by the Comisión Nacional del Mercado de Valores (CNMV) in Spain.
These measures, effective from August 3, 2023, are designed to safeguard the
interests of retail investors in the country, mainly concerning contracts for difference (CFDs) and other leveraged products.
Regulatory Push to Safeguard Retail Investors
In light of advertisement restrictions, the CNMV
resolution is prohibiting the advertisement of CFDs and other leveraged instruments
to retail investors. This restriction is intended to limit the exposure of
retail investors to high-risk financial products. CySEC emphasized the importance of financial firms
adhering to the product intervention measures set by CNMV.
Besides that, the CNMV has imposed restrictions on
specific remuneration policies and sales techniques related to CFDs and
leveraged products. These limitations are designed to prevent aggressive or
inappropriate marketing and sales tactics.
Jared Kirui is an Editor at Finance Magnates with more than five years of experience in financial journalism. He covers online trading, fintech, payments, and crypto industries with a focus on companies, regulation and compliance, executive moves, trading technology, and market analysis.
His work has been featured in other media outlets, including Benzinga, ZyCrypto, The Distributed, and The Daily Hodl.
Education:
Bachelor of Commerce degree (Finance option), University of Nairobi
IG CEO: “Prediction Markets Are a Different Title for Binaries… We Have Capability in the Space”
CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution
CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution
In this exclusive Executive Interview, Finance Magnates speaks with Artur Delijergijevs, Head of Systematic Market Making at CMC Markets, about the current state of metals demand and market volatility.
Delijergijevs offers a desk-level view on:
- Metals Demand: Why metals are seeing the strongest demand from both retail and institutional clients right now.
- The Safe-Haven Debate: Questioning whether gold still fits the classic safe-haven definition given large daily price movements.
- Volatile Market Prep: How a market-making desk prepares its systems and pricing for stressed market conditions and high-impact economic events.
- Hybrid Execution: Why the best execution model combines electronic speed with human relationship support, especially during volatility.
- AI in Workflow: Where CMC Markets is integrating machine learning for risk management and pricing, and the limitations of AI during stressed markets.
- Dubai's Role: The strategic importance of Dubai’s location for covering global trading sessions across Asia, Europe, and the US.
Watch to understand how CMC Markets maintains stable pricing and reliable execution quality in high-volatility environments.
#CMCmarkets #forex #metals #gold #trading #volatility #MarketMaking #iFXDubai #FinanceMagnates #Finance #Fintech #Execution #AlgorithmicTrading #RiskManagement
In this exclusive Executive Interview, Finance Magnates speaks with Artur Delijergijevs, Head of Systematic Market Making at CMC Markets, about the current state of metals demand and market volatility.
Delijergijevs offers a desk-level view on:
- Metals Demand: Why metals are seeing the strongest demand from both retail and institutional clients right now.
- The Safe-Haven Debate: Questioning whether gold still fits the classic safe-haven definition given large daily price movements.
- Volatile Market Prep: How a market-making desk prepares its systems and pricing for stressed market conditions and high-impact economic events.
- Hybrid Execution: Why the best execution model combines electronic speed with human relationship support, especially during volatility.
- AI in Workflow: Where CMC Markets is integrating machine learning for risk management and pricing, and the limitations of AI during stressed markets.
- Dubai's Role: The strategic importance of Dubai’s location for covering global trading sessions across Asia, Europe, and the US.
Watch to understand how CMC Markets maintains stable pricing and reliable execution quality in high-volatility environments.
#CMCmarkets #forex #metals #gold #trading #volatility #MarketMaking #iFXDubai #FinanceMagnates #Finance #Fintech #Execution #AlgorithmicTrading #RiskManagement
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
