Search Results for: Cyprus
Cyprus gas latest: Total to start drilling in early 2017
June 13th, 2016
French oil major Total will likely commence exploring for gas in their offshore Block 11 concession in early 2017, energy minister Giorgos Lakkotrypis said on Thursday. Speaking to the Sigma television channel, Lakkotrypis was also asked to comment on ...
CySec announced that a Cyprus Investment Firm renounced its authorisation
June 10th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that on 31 March 2016, the CIF Glestimon Management Limited, which provided investment services via the domain www.glestimon.com, renounced its authorization pursuant to section 24(1)(b) of the Investment Services and Activities ...
Cyprus Investment Firm renounced its CIF license
June 7th, 2016
CySec has issued today an announcement to inform that on 23rd May 2016, the CIF Vinson Financial Ltd , which provided investment services via the domain www.vinsonfinancials.com, renounced its authorization pursuant to section 24(1)(b) of the Investment Services and ...
CySec decided to wholly withdraw the license of a Cyprus Investment Firm
May 30th, 2016
The Cyprus Securities and Exchange Commission (CySec) announces that, on its meeting of 25th April 2016, has decided, pursuant to sections 25(1)(b),(c) and 26(4)(b) of the Investment Services and Activities and Regulated Markets Law of 2007, as in force (‘the Law’), to ...
Cyprus will develop offshore gas irrespective of reunification
May 26th, 2016
Cyprus will continue its project of developing offshore gas, keeping this dossier “completely separate” from the negotiations for the reunification of the island, the Cypriot Minister of Energy, Yorgos Lakkotrypis, said today (26 May). Speaking to a small group ...
Cyprus Investment Firm renounced its CIF authorisation
May 26th, 2016
CySec has issued an announcement to inform that on 13th May 2016, the CIF Pegase Capital Ltd , which provided investment services via the domains www.interactiveoption.com, www.interactive-option.com, www.hellobrokers.com, www.mtxplus.com, www.pegasecapital.com, renounced its authorization pursuant to section 24(1)(b) of the Investment ...
CySec informs: the licence of a Cyprus Investment Firm continue to be suspended
May 26th, 2016
Following previous announcements dated April 7 and May 12, the Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform on its decision in the meeting dated May 16 for Continuance of Suspension of CIF licence of ...
Teddy Sagi’s Xwise, a subsidiary of Playtech Cyprus Ltd is laying off 140-150 of its 200 employees
May 19th, 2016
Xwise provides supplementary services to customers who have purchased software from online gambling services firm Playtech, its parent company. Xwise, a subsidiary of Playtech Cyprus Ltd. (LSE:PTEC), whose largest shareholder is Israeli billionaire Teddy Sagi, is laying off 140-150 ...
Exit from the MoU: What does it mean for Cyprus?
May 12th, 2016
On March 31st, 2016 the Cyprus government has officially exited the MoU with Troika after a three-year period. During this time, Cyprus has received around €7.2 billion (out of a total of €10 billion available) with a very low ...
CySec announced the license for a new Cyprus Investment Firm
May 6th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that “Magic Compass Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firm is now authorised to operate legally ...
