Search Results for: sec
ESMA publishes results of the second EU-wide CCP stress test
February 2nd, 2018
The European Securities and Markets Authority (ESMA) has published today the results of its second EU-wide stress test exercise regarding Central Counterparties (CCPs) established in the European Union (EU). The CCP stress test assesses the resilience and safety of ...
CySec informs that two Administrative Services Providers waived their authorisation
January 16th, 2018
The Cyprus Securities and Exchange Commission (CySec) has issued today two announcements to inform that two firms providing Administrative Services waived their authorisation. According the CySec’s announcement, the firms Providing Administrative Services, Zoeline Consultants Ltd and Westring Consulting Services ...
Shareholder of a Cyprus Investment Firm fined by CySec
January 11th, 2018
The Board of the Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform the public that, at its meeting held on 13 November 2017, decided to impose an administrative fine of €10.000 to Mr. Pavel Krymov, ...
Cyber security expert: People’s smart homes could come under attack as a consequence of bitcoin’s price surge
January 8th, 2018
People’s smart homes could come under attack as a consequence of bitcoin’s price surge, a cyber security expert has warned. “Cryptojacking” incidents, in which people’s devices are quietly hijacked and forced to mine digital currencies for other people, are ...
CySec announced two firms authorised as Cyprus Investment Firms
December 21st, 2017
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued two announcements to inform that new companies have been approved by the Commission as Cyprus Investment Firms (CIFs). According the announcements, the firms Aquilla ...
Defendants sentenced in FCA prosecution of £1.4 million investment scheme
December 21st, 2017
Samrat Bhandari, Dr Muhammad Aleem Mirza, Michael Moore and Paul Moore, each of whom played a role in the operation of an investment scheme which led to investors losing just over £1.4 million, appeared at Southwark Crown Court to ...
Cyprus Investment Firm that provides Forex trading received a €95,000 penalty by CySEC
December 20th, 2017
The Cyprus Securities and Exchange Commission (“CySEC”) has imposed a financial penalty on Reliantco Investments Ltd. (“Reliantco”; the “Company”), an investment firm that provides online retail trading products in forex and whose domain names include www.ufx.com; www.ufxaffiliates.com; www.ufxpartners.com. A ...
Cyprus Investment Firm fined by CySec
December 18th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that at its meeting held on 13 November 2017, the Board decided to impose a total administrative fine of €50,000 to CIF Centralspot Trading Ltd for ...
CySec announced the authorisation of new Cyprus Investment Firms
December 7th, 2017
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued two announcements to inform that new companies have been approved by the Commission as Cyprus Investment Firms (CIFs). According the announcements, the firms ABC ...
CySec announced withdraw of the suspension of a Cyprus Investment Firm’s authorisation
December 1st, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform the public that at its meeting dated 27 November 2017, decided to withdraw the suspension of the authorisation of the Cyprus Investment Firm Concorde Investments (Cyprus) Ltd ...
