cyprus
Analysis: What Happens if a Major CySEC Regulated Broker Goes Bankrupt?
- 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.
Wednesday, 16/12/2015 | 13:13 GMT by
Victor Golovtchenko
CySEC Slams Binary Options Platform Operator with €300,000 Fine
- The Cyprus market regulator finds Pegase Capital in breach of numerous regulations
Friday, 27/11/2015 | 14:59 GMT by
Irina Slav
CySEC Fines EZ Trader Operator €340,000
- The Cyprus market regulator finds breaches of anti-money laundering and CIF authorization rules
Friday, 27/11/2015 | 14:49 GMT by
Irina Slav
Grexit Speculation Brings Euro to Its Knees Trading at 9 Year Lows
- The year has started with a blast for foreign exchange trading desks. The second day of trading sees the Euro hit levels unseen since 2006, triggering a boatload of stops below the 1.2 figure.
Monday, 05/01/2015 | 11:41 GMT by
Victor Golovtchenko
FXPRIMUS Continues to Expand Global Reach with New Cyprus License for European Arm
- Before this the broker was already licensed by the authorities of Mauritius and New Zealand, as common with firms focusing on the Asian market, but now it can also service European clients via MiFID passporting.
Monday, 29/12/2014 | 15:42 GMT by
Avi Mizrahi
MAP S.Platis Procures First EU LPAIF License, Targeting New Investor Class
- Following the passage of Alternative Investment Funds into law in Cyprus, MAP S.Platis has earned its inaugural license for Limited Persons Alternative Investment Funds (LPAIF), targeting professional investors.
Tuesday, 02/12/2014 | 10:46 GMT by
Jeff Patterson
Exclusive: MAP S.Platis Launches Forensic Unit Headed by Rakis Christoforou
- Amidst a flurry of regulatory attention zeroing in on the financial services sector, Cypriot financial consultant MAP S.Platis has launched the MAP Financial Forensic Unit, headed by Rakis Christoforou.
Wednesday, 05/11/2014 | 07:00 GMT by
Jeff Patterson
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