Search Results for: Cysec
CySec fined Bank of Cyprus and Members of its Board and General Manager in the relevant period
October 17th, 2016
The Board of the Cyprus Securities and Exchange Commission (‘CySEC’) wishes to inform the public that it has investigated the compliance of: Bank of Cyprus Public Company Ltd, its Board of Director Members’ and its General Manager with the ...
CySec announced approval of a new Administrative Services Provider
October 12th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that a firm has been approved as Administrative Services Provider (ASP). According the announcement, the below firm have been approved: CITCO (Cyprus) Ltd 10 Diomidous Street, Alphamega Akropolis ...
CySec informs CIFs regarding Capital adequacy requirements
October 11th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to inform the Cyprus Investment Firms (CIFs) regarding Capital adequacy requirements – Change in the treatment of the Investors Compensation Fund Contribution. According to the Circular, CySec informs CIFs for the ...
CySec imposed an administrative fine of €100.000 to a natural person
October 4th, 2016
The Board of the Cyprus Securities Exchange Commission (CySec) has issued an announcement to inform that, at the meeting held on 9 September 2016, decided to impose an administrative fine of €100.000 on Mr. Danny Rothman (or Mr. Daniel Rubinstein) ...
CySec approved two new Cyprus Investment Firms
October 4th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued announcements to inform that “IFC Investments Cyprus Ltd“ and “Jin Daocheng Ltd” have successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firms are ...
Cyprus Investment Firm gets CySec’s approval
October 3rd, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that “FXBFI Broker Financial Invest Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firm is now ...
CySec fined Administrative Services Provider
October 3rd, 2016
The Cyprus Securities Exchange Commission (CySec) has issued a press releases to inform that, at the meeting held on September 19th, 2016, decided to impose an administrative fine of €5.000 on the ASP Teos Corporate Services Ltd. According to CySec’s announcement, ...
CySec fined Binary provider IQ Option for €180.000
October 3rd, 2016
The Board of the Cyprus Securities and Exchange Commission (CySec) wishes to inform investors that, at its meeting held on 5 September 2016, decided to impose a total administrative fine of €180.000 to the CIF IQ Option Europe Ltd (‘the Company’) ...
CySec announced continuance of suspension of a CIF license
September 30th, 2016
Following previous announcement dated 29 July 2016, the Cyprus Securities and Exchange Commission (CySec), following a decision at the meeting dated 26 September 2016, announces that the authorisation of the Cyprus Investment Firm AirFinance Pro Ltd (‘the Company’), with number 206/13, continues ...
CySec announced the Continuance of Suspension and commencement of proceedings for the possible withdrawal of a CIF license authorisation
September 21st, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that, following the announcement dated 09.08.2016, the suspension of the authorisation of the Cyprus Investment Firm ‘UBFS Invest powered by Moneychoice Brokers Ltd’ (‘the Company’), with ...
