Search Results for: Cyprus
CySec fined €63.000 a Cyprus Investment Firm
February 23rd, 2017
The Board of the Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors that, at its meeting held on January 23, 2017, decided to impose a total administrative fine of €63.000 on the CIF PriorFx ...
CySec fined €175.000 a Cyprus Investment Firm
February 16th, 2017
The Board of the Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors that, at its meeting held on December 05, 2016, decided to impose a total administrative fine of €175.000 on the CIF Novox ...
Court in Cyprus has upheld a decision against Facebook
February 9th, 2017
A court in Paphos, Cyprus, the Paphos District Court has upheld a ground-breaking decision against Facebook in relation of a civil suit for defamation of character. This decision is very important on how the Facebook users are confronted. The ...
CySec informs Cyprus Investment Firms regarding their obligations to clients
February 3rd, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to inform the Cyprus Investment Firms for their obligations when providing information to clients on the services and instruments offered. According to the Circular, CySec wishes to set ...
Greece, Israel, Italy, Cyprus to discuss natural gas pipeline
February 2nd, 2017
Government representatives from Italy, Greece, Cyprus and Israel plan to meet in February to discuss a natural gas pipeline from the east Mediterranean fields to Greece and Italy, according to a report in Globes, a business daily. Israel energy minister ...
CySec announced a €150.000 Settlement with a Cyprus Investment Firm
January 23rd, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to note the following: CySec, under article 37(4) of the Cyprus Securities and Exchange Commission Law of 2009, has the power to reach a settlement for any violation ...
A multibillion-dollar natural gas boom may reunify Cyprus
January 12th, 2017
A potential energy boom in Cyprus could spur a deal to reunify the ethnically-divided island after more than 40 years. A breakthrough may come at a United Nations-brokered multilateral summit in Geneva this week. The island nation has discovered ...
CySec decided to impose a €100.000 administrative fine to a Cyprus Investment Firm
December 27th, 2016
The Board of the Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform the public that, at the meeting held on 28 November 2016, it decided to impose a total administrative fine of €100.000 to CIF ...
Energy giants to begin talks for Cyprus gas
December 22nd, 2016
Cyprus Energy Minister Giorgos Lakkotrypis said on Wednesday that Italy’s ENI, France’s Total, and Qatar Petroleum with American ExxonMobil – headed by US president-elect Donald Trump’s choice for secretary of state, Rex Tillerson – are the energy firms that ...
CySec decided to wholly withdraw the license of a Cyprus Investment Firm
December 13th, 2016
The Cyprus Securities and Exchange Commission (‘CySEC’) announces that, on its meeting of 28th November 2016, has decided, pursuant to sections 25(1)(b), 25(1)(c) and 26(4)(b) of the Investment Services and Activities and Regulated Markets Law of 2007, as in ...
