cysec
CySEC Signs New Memorandum of Understanding with Bank of Russia
- Russia and Cyprus are on their way to strengthening regulatory cooperation in light of the substantial amounts of Russian capital moving out of the country and looking for offshore safety amid a tanking ruble.
Wednesday, 25/02/2015 | 14:16 GMT by
Victor Golovtchenko
US Forex down in December as Alpari Dubai Draws Competitor Attention
- Last week gave us a rundown on December US data for top brokerages, continued interest in the Alpari UK saga, the merger of Australian broker GO with Vantage FX UK as well as a flurry of CySEC regulatory activity.
Sunday, 22/02/2015 | 10:08 GMT by
Kenny Mariasin
CySEC Cautions Investors about Talanto Capital Markets
- The Cyprus Securities and Exchange Commission issued a statement today informing investors that the company Talento Capital Markets (Cyprus) is not permitted to provide investment and ancillary services in the country.
Thursday, 19/02/2015 | 15:44 GMT by
Kenny Mariasin
CySEC Cuts License of UFS Capital, Firm Targeting Individual Investors
- The company has been targeting high-net worth individuals. However, according to CySEC it hasn't been diligent enough in complying with reporting of certain data to the Cypriot watchdog in a timely manner.
Thursday, 19/02/2015 | 12:34 GMT by
Victor Golovtchenko
CySEC Suspends Financial Services License of FxPulp on Two Counts
- The Cypriot watchdog has raised its concerns about the client funds at the company and the compliance with the practice of client funds segregation, while also being alarmed about anti-money laundering procedures.
Wednesday, 18/02/2015 | 15:46 GMT by
Victor Golovtchenko
CySEC Blows The Whistle for CIFs, While Waving a White Flag on Capital Requirements
- As the regulator reminded brokerages to check on their risk policies a new law has lowered capital requirements for Cyprus Investment Firms at a key time just before a number of brokerages got hit by the SNB move.
Wednesday, 11/02/2015 | 15:55 GMT by
Victor Golovtchenko
Exclusive: TRADOLOGIC Informs CySEC Regulated Binary Brands about Patent Infringement
- According to a copy of a letter obtained by Forex Magnates' reporters, some brands of binary options service providers and standalone brokers have been informed that they are allegedly infringing a list of patents.
Wednesday, 14/01/2015 | 11:00 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
The Industry Elite Gathers In London as Fortress Prime Eyes FCA Regulation
- At the heart of this week’s “Best Stories” edition are the panels, launches and awards held at the forex industry's top event, along with notable regulatory updates from Fortress Prime and EZTrader.
Saturday, 22/11/2014 | 22:30 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
Exclusive: Myfxbook Becomes Regulated Platform with New CySEC License
- Copy trading provider Myfxbook obtained a license from the Cyprus Securities and Exchange Commission financial regulator, underpinning its stance as one of the leading social trading networks for forex traders.
Friday, 31/10/2014 | 14:00 GMT by
Ron Finberg
Cyprus and Mauritius Watchdogs Spell Out ill-Devised Broker Scam
- The CySEC and FSC Mauritius has informed the public that LiveFX Trader is not and has not at any time been licensed by neither regulator, citing ill-devised fraudulent documentation with some basic errors.
Monday, 27/10/2014 | 15:10 GMT by
Avi Mizrahi
Cyprus Regulator Releases Practical Guide to MiFID II for the Financial Trading Industry
- Among the highlighted changes: EU member states may require that third country firms will have to establish a branch in each member state where they operate and risk control requirements for high frequency traders.
Wednesday, 15/10/2014 | 10:41 GMT by
Avi Mizrahi
Plus500 Granted CySEC License to Provide Financial Services in Cyprus
- Following an exclusive report on the broker opening office on Cyprus in August, Plus500 has been officially approved by the CySEC watchdog as an investment firm, following the assistance of consultant Map S.Platis.
Tuesday, 14/10/2014 | 09:22 GMT by
Adil Siddiqui
Leverate Partners with CWM FX to Provide Brokerage Services to B2B Clients
- Partnering with CWM FX to create a new Cyprus broker, Leverate will be expanding its services to B2B customers to include licensing, compliance, payment processing and risk management solutions.
Monday, 06/10/2014 | 14:29 GMT by
Ron Finberg
Special: Sneak Peek at Forex Magnates' Interview with CySEC Chairwoman Kalogerou
- Demetra Kalogerou, the leader of the retail FX industry’s most influential regulator, speaks exclusively with Forex Magnates about restoring Cyprus' credibility, regulating Binary options and Social Trading.
Thursday, 11/09/2014 | 22:45 GMT by
Avi Mizrahi
CySEC Launches New Regulatory Directive against Market Abuse
- The Cypriot regulator has launched a series of mandates and edicts policing against unregulated entities, including a recent push to curb market abuse (MAR). The new amendments will take effect in 2016.
Tuesday, 09/09/2014 | 11:23 GMT by
Jeff Patterson
Exclusive: Binary Options Brokerage EZTrader Strikes Deals with Bayer & Feyenoord
- Binary options provider EZTrader is the latest brand to push aggressively into offline advertising by striking sponsorships with German Beyer 04 Leverkusen and Dutch Feyenoord Rotterdam football teams.
Friday, 29/08/2014 | 10:04 GMT by
Victor Golovtchenko
Cyprus Watchdog Warns Against Unregulated Binary Brokers, LBinary and Regal Options
- The Cyprus Securities & Exchange Commission has issued warnings to traders about the operations of two unregulated Binary Options brokerages, T.B.S.F. Best Strategy Finance Ltd and Chelestra Ltd.
Wednesday, 13/08/2014 | 14:52 GMT by
Avi Mizrahi
Coming Soon: CySEC Regulated Boursotrade with Back Office Focus
Wednesday, 13/08/2014 | 10:47 GMT by
Ron Finberg
Breaking: Plus500 Aims towards Cyprus, Takes First Recruiting Steps
- Forex magnates has learned that the FCA regulated broker has commenced conducting interviews in Cyprus. The company has declined to confirm the report, stating that no hiring has yet occurred in the FX hub.
Monday, 11/08/2014 | 16:31 GMT by
Avi Mizrahi
LQD Markets Officially No Longer Authorised by Cyprus Watchdog
- FX broker LQD Markets Ltd has officially renounced its CySEC authorization to provide investment services and now operates and an FCA regulated entity alone as Forex Magnates reported before it had planned.
Tuesday, 05/08/2014 | 09:48 GMT by
Avi Mizrahi
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