CYSEC

The new licence is part of the company’s expansion plans in Europe, as well as its Brexit plan.

scmconsulting.net, kepercoin.com, 24primeoption.com and 5 more are not authorized to provide investment services.

CySEC’s thematic review on the inactivity fees charged by Cyprus investment firms.

Victor Zachariades will be leading the new entity as the Director.

The regulator has completed its investigation into market manipulation between Commerzbank & CPB.

Just yesterday, the Cypriot watchdog has wholly withdrawn the Cyprus Investment Firm (CIF) of Prior Capital.

The broker will offer the trading platform via its CySEC and FSA regulated entities.

Administrative fines imposed for violations of the Transparency Requirements Law in regard to the Annual Financial Report 2018.

The list includes AMG Kapital Ltd, Agentrisk Europe Limited, and the now-defunct FX broker PFX Financial Professionals Ltd.

The regulator also put a six-month ban on two board members.

Both the firms were suspended in Cyprus upon request of the FCA.

These brands voluntarily turned their backs to the UK market and weren't ordered to give up their passporting rights.

The enforcement action was a result of the compliance onsite investigation started by the Cysec back in June 2018

UK regulator stops four Cypriot investment firms from offering high risk CFDs to UK investors

While many claim to be Cyprus-based, CySEC said such companies were based overseas and providing false addresses.

Cysec blamed CEO Evgenios Martinides and executive director Yaroslav Martynenko over their omission and negligence.

The regulator has set out a number of ways in which the existing procedures could be strengthened.

The regulator claims the broker does not seem to have provided investment services for six months.

The broker was flagged for concerns related to organizational requirements and the security of clients’ funds.

CySEC began asking all Cypriot brokers to report their trading volume for all classes of investment instruments last year

Viewing 1 - 20 of 465

1 2 3 … 24 >