Search Results for: Cyprus
CySec issued a Circular regarding National Risk Assessment of Anti Money Laundering and Counter Terrorist Financing Measures
November 4th, 2015
The Cyprus Securities and Exchange Commission (CySec), the financial regulator of Cyprus, has issued a Circular to inform Regulated Entities the following: 1) National Risk Assessment (‘NRA’) In accordance with the international standards set by the Financial Action Task ...
CySec informs regarding the Continuance of Suspension of CIF license of an investment firm
November 2nd, 2015
The Cyprus Securities and Exchange Commission (CySec) has issued today an announcement to inform on its decision in the meeting dated 26 October for Continuance of Suspension of CIF licence of the firm ‘Falcon Brokers Ltd’ with number 128/10. ...
Windsor Brokers Ltd Announces New EXPROCURITY Motto
October 27th, 2015
Investment firm Windsor Brokers Ltd. focuses on the three main strengths that have made it one of the top investment firms worldwide. Windsor Brokers has recently launched its own brand new motto called ‘Exprocurity’ – an acronym which stands ...
FxPro Announces South Africa FSB Licence
October 27th, 2015
FxPro Financial Services Limited (‘FxPro’) has issued today a press release to announce that: It has acquired authorisation by the South Africa Financial Services Board (‘FSB’) to operate as a Financial Service Provider (‘FSP’; licence no. 45052). The newly ...
Ways to Boost Competitiveness in Europe: Engino Case
October 23rd, 2015
There has been evidence in the last four years suggesting that many U.S. companies are bringing manufacturing back to the U.S. This growing trend is expected to boost the competitiveness of the U.S. economy and help it grow out ...
CySec announced Withdrawal of suspension of CIF authorisation
October 21st, 2015
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that: Further to the announcement dated 16 July 2015, informs the public that, at its meeting dated 5 October 2015, decided ...
CySec announced an administrative fine to CLR Overseas Ltd
October 16th, 2015
The Cyprus Securities and Exchange Commission ( CySEC ) has notified the public that at the meeting held on February 16th, 2015, decided to impose an administrative fine of €10.000 to CLR Overseas Ltd for the violation of section ...
The Common Reporting Standard: Automatic Information Exchange Goes Global
October 16th, 2015
Automatic exchange of information for tax law enforcement purposes started first in Europe with the EU Savings Tax Directive, went international with the US Foreign Accounts Tax Compliance Act, and, from 2017, will go global with the recently-agreed Common ...
CySec issued a warning regarding an unauthorised investment services firm
October 12th, 2015
The Cyprus Securities and Exchange Commission (CySec), the regulatory authority in Cyprus, has issued a press release to warn public in relation with an unauthorised Firm. Specific, CySec warns that the company ‘FXi (Cyprus) Ltd’ (http://tradefxi.com): 1. Is not ...
What will Happen to Bitcoin when the Economy goes Bust?
October 12th, 2015
Many people interested in Bitcoin have a less than optimistic view about the health of the global economy. This skepticism — in some cases pessimism — is fueled by a controversial business cycle theory that is fairly popular in ...
