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Cyprus
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cyprus
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Regulation
Cypriot Investment Firm Grow Wealth Assets Limited Renounces its CySEC license
2016-06-30T18:07:37.000+02:00
CySEC today said that Grow Wealth Assets's license lapsed as of May 23rd 2016.
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Executive Moves
FxNet Appoints Jaymes Payten as Marketing Director
2016-06-20T23:54:24.000+02:00
The new hire of the Limassol headquartered company comes from another Cyprus brokers, FXTM
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Executive Moves
FxPro Hires Evelina Laurinaityte as Vinson Financials Disposes CySEC License
2016-06-09T12:26:29.000+02:00
Evelina Laurinaityte leaves Vinson Financials after only 6 months, joins FxPro.
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Regulation
CySEC Announces €180,000 Tender for Crisis Management Services
2016-05-31T13:39:15.000+02:00
The Cypriot regulator has announced a public tender looking for a communications and media relations service.
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Brokers
XTrade Consolidates Trading Brands, Parent Company Phases Out XForex
2016-05-10T15:29:19.000+02:00
The website of XForex is now redirecting to XTrade, as the parent company of the brokerages focuses on a single brand.
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Regulation
Cyprus Revises AML Rules to Require Face-to-Face Meetings for KYC
2016-04-08T23:16:13.000+02:00
Will Cyprus’ latest move clean up its banking and corporate industry?
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Brokers
Breaking: ACFX License Suspended by CySEC, Senior Executive Leaving
2016-04-07T15:54:58.000+02:00
Following FM’s exposé the Cypriot regulator is taking charge of the ACFX matter by suspending its license
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Brokers
EZTrader Parent Company Reports Revenues up 29%, Net Loss for 2015 6.2m
2016-03-31T21:34:08.000+02:00
The CySEC regulated binary options brokerage also doubled the trading volumes through its platform.
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Regulation
Mayzus Investment Company Fined €12K by CySEC
2016-03-31T21:18:46.000+02:00
Cypriot watchdog imposes a total of two penalties on the CIF licensed company.
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Analysis
Analysis: Will CySEC Ban Binary Options Too?
2016-03-25T00:44:18.000+02:00
After the US, Israel and Canada, the feasibility of binary options in the EU is shaken - how will CySEC react?
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Regulation
CySEC Annual Report Marks €2.65 million in Fines Against CIFs
2016-03-21T22:47:27.000+02:00
While its enforcement actions have been widely successful in filling up the government coffers, clients have been left behind.
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Brokers
Cyprus Exits Bailout With Banking Sector Firmly Back On Track
2016-03-08T19:09:03.000+02:00
Cypriot banks have managed to stabilize according to the European Commission and the IMF.
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Brokers
iFX Expo Cyprus 2016 Expands into Larger Venue
2016-02-23T22:57:01.000+02:00
Registration opens for the flagship event that continues to inspire new and prior participants, to be held this May at an even larger venue.
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Brokers
EZTD’s CEO Shimon Citron “We Learned a Lot About Regulation Last Year”
2016-02-16T17:03:02.000+02:00
EZTD surprised many people when it announced its approval as a regulated broker in Japan. The firm is focusing on regulation and value for 2016.
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Regulation
Analysis: What Happens if a Major CySEC Regulated Broker Goes Bankrupt?
2015-12-16T15:13:12.000+02:00
With €17.5 million in the pot, the Cypriot Investors Compensation Fund is there for traders of insolvent firms. The fund has several ways to make up the difference but ultimately the cost is paid by brokers.
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Brokers
Cyprus Regulated Group Capital Index Granted New UK Licence
2015-12-15T22:21:00.000+02:00
The British Financial Conduct Authority (FCA) gave Capital Index (UK) Ltd an authorised and regulated status.
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Regulation
Cyprus Watchdog Takes a Bite Out of Short Term Binary Options
2015-12-14T19:24:50.000+02:00
Among the new legal practices that CySEC says are intended to help binary options traders, there are some that the industry might find hard to swallow.
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Regulation
Exclusive: CySEC Set to Announce More Regulatory Fines in the Near Future
2015-12-04T21:56:29.000+02:00
The financial regulatory body in Cyprus is waking up after years of lethargy. Are its actions timely and how far can they go?
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Regulation
CySEC Slams Binary Options Platform Operator with €300,000 Fine
2015-11-27T16:59:55.000+02:00
The Cyprus market regulator finds Pegase Capital in breach of numerous regulations
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Regulation
CySEC Fines EZ Trader Operator €340,000
2015-11-27T16:49:57.000+02:00
The Cyprus market regulator finds breaches of anti-money laundering and CIF authorization rules
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Technology
O-SYSTEMS Opens New 'Home Base' Office Complex in Limassol
2015-10-07T17:27:27.000+02:00
The boutique binary options technology provider has actually been operating in Cyprus since its launch in 2012.
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Regulation
Cyprus Watchdog Warns Against Two Unlicensed Binary Options Sites
2015-10-06T12:47:04.000+02:00
CySEC says that neither of the operations have ever been authorized or regulated by the watchdog.
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Brokers
Client Funds an Issue as Falcon Brokers Receives CySEC Suspension Letter
2015-09-24T15:11:21.000+02:00
For suspicion of violating rules regarding the handling of client funds, CySEC has announced that it is suspending Falcon Brokers' license.
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Brokers
Hungarian National Bank Mentions IronFX Clients in Official Announcement
2015-09-23T16:01:27.000+02:00
The monetary authority of Hungary has referred residents to file a complaint with the Cyprus ombudsman service
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Regulation
Cyprus Watchdog Warns Against Unregulated Broker Bloombex Options
2015-09-17T16:15:10.000+02:00
The binary firm is not legally permitted to provide investment and related services in Cyprus as it has never been authorized nor licensed.
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