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Cysec
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cysec
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Regulation
CySEC fines UFX Parent Reliantco Investments Ltd. €95,000 over Legacy Issues
2017-12-20T18:09:41.000+02:00
The brokerage has already implemented changes to its risk warnings and advertising and on-boarding practices.
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Regulation
CySEC Issues MiFID II Implementation Reminder to All Regulated Firms
2017-12-18T16:51:42.000+02:00
Big changes are coming January 3, 2018 with a new regulatory regime becoming the law of the land.
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Executive Moves
Lead Capital Markets Selects Christiana Vasiadou as its new CEO
2017-12-18T14:05:53.000+02:00
Vasiadou moves forward by joining the Cyprus investment firm’s top brass, after leaving her position at FXGM.
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Regulation
CySEC Fines Binary Options Broker Opteck €50,000
2017-12-15T15:37:12.000+02:00
The Cypriot regulator continues issuing fines against binary options brokers.
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Regulation
Bank of Cyprus Fined $708,000 Over Serious Disclosure Failures
2017-12-01T22:18:48.000+02:00
Due to these weaknesses, Bank of Cyprus had to increase its total losses by €362 million.
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Regulation
MiFID II Regulations Prompt CySEC to Suspend 'Fast Track’ CIF Licensing
2017-11-23T13:22:44.000+02:00
The procedure has been popular with alternative investment fund managers and UCITS.
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Regulation
Dragon Options and Tao Trade Renounce CySEC License, Get Term to Repay
2017-11-10T16:46:09.000+02:00
CySEC has presented the company operating Dragon Options and Tao Trade with 3 months to settle obligations.
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Brokers
Exclusive: JFD Officially Exits Russian Market Amid New Local Regulations
2017-10-24T11:49:32.000+02:00
The changes affect all brokers that are not domiciled in Russia and not regulated by its central bank.
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Brokers
Exclusive: FBS to Launch EU Subsidiary, Acquires CySEC License
2017-10-23T18:52:31.000+02:00
Known for its aggressive marketing, FBS is venturing into EU-regulated territory.
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Regulation
CySEC Slaps €200,000 Fines on Pegase Capital Officers, Bans Owner for 5 Years
2017-10-19T17:29:06.000+02:00
A number of senior officers received penalties.
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Regulation
CySEC Withdraws Suspension of Gametech’s CIF License
2017-10-16T17:20:21.000+02:00
Last week, CySEC also cancelled its suspension of the operating license of OptionRally.
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Brokers
Latvian Financial Regulator Sends a Message to Cyprus Brokers
2017-10-14T08:03:57.000+02:00
Brokers looking to operate in Latvia are asked to open a subsidiary or use a local tied agent.
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Brokers
Cyprus Regulator Caps Leverage on Crypto, Says Passporting Not Allowed
2017-10-13T16:49:35.000+02:00
Cypriot watchdog CySEC has issued a circular to inform brokers that they can’t offer more than 1:5 leverage.
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Brokers
OptionRally Regains CySEC License After 3-Month Suspension
2017-10-12T18:38:17.000+02:00
OptionRally was initially flagged for non-compliance and had its license temporarily suspended by CySEC in July.
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Brokers
Exclusive: Social Trading Broker Tradeo Changing Hands
2017-10-03T17:30:34.000+02:00
The company has operational bases in Bulgaria and Cyprus and a CySEC license.
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Brokers
AJF Financial Services Renounces its CySEC CIF Authorization
2017-10-03T15:46:18.000+02:00
UPADTE: a previous version of this article has incorrectly stated that AJF's license was renounced by CySEC.
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Brokers
XTB Files Trademark Court Case Against XTrade in Germany
2017-08-03T11:59:47.000+02:00
XTB has successfully defended its trademark in German court, marking a second EU precedent.
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Regulation
Emmanuel Ayoun Barred from Financial Markets for Five Years by CySEC
2017-07-27T19:57:49.000+02:00
Emmaneoul Ayoun fined €10,000 and banned from the financial industry for misleading CySEC.
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Regulation
CySEC Continues Drive Towards Self-Regulation of Firms
2017-07-26T17:20:12.000+02:00
CySEC issues criteria for firms to qualify as 'significant' CIFs through a regime of self-assessment.
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Regulation
CySEC Revokes €50,000 Fine of CommexFX Executive
2017-07-20T20:58:17.000+02:00
The Cypriot regulator has also lifted the five-year ban that it applied on June 8, 2017.
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Regulation
Best Stories of the Week: Poland Caps Leverage, MetaQuotes Closes the Window for XP
2017-07-16T13:23:48.000+02:00
German CFD market continues to grow, MetaQuotes to stop supporting older versions of Windows.
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Brokers
OptionRally Undercapitalized CySEC Outlines Client Money Violations
2017-07-13T18:40:58.000+02:00
CySEC suspends license, global website regulated in Belize still operational.
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Brokers
CySEC Slaps €195k Fine, Ban on Falcon Brokers Limited’s Leadership
2017-07-10T13:29:15.000+02:00
An eighteen month investigation into Falcon Brokers Ltd. has concluded with its harshest penalties to date.
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Products
Marketing Agency Contentworks Launches Compliant Affiliate Content Product
2017-07-05T17:34:01.000+02:00
For websites that are keen to continue operating in the industry, the alternative is rather expensive.
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Brokers
Breaking: CySEC to Flag Affiliates, Urges Brokers to Supervise
2017-06-26T15:38:55.000+02:00
CySEC will be publishing a list of affiliates which are not complying with its official marketing guidelines.
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