Search Results for: Cyprus
FCA warns on a Broker firm with office address in Cyprus
September 3rd, 2015
FCA, the Financial Conduct Authority of UK, has issued a warning to inform public regarding www.ubroker.com that the FCA believes that has been providing financial services or products in the UK without FCA’s authorisation. FCA reports the details of ...
Bank of Cyprus: Group Financial Results for the six months ended 30 June 2015
August 27th, 2015
Key Highlights • Improving funding structure; loans to deposits ratio (L/D) declined to 136% (138% at 31 March 2015) and customer deposits accounting for 54% of total assets (51% at 31 March 2015) • ELA reduced by €1 bn ...
CySec announces acquisition of CIF (Cyprus Investment Firms) licence
August 20th, 2015
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority, has announced that “TAKIBROKERS LIMITED“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firms). The firm is now authorised to operate legally under the supervision ...
CySec announces the suspension afresh of the authorisation of a Cyprus Investment Firm
August 6th, 2015
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that: Following previous announcements dated 12 June 2015 and 2 July 2015, the Cyprus Securities and Exchange Commission (‘CySEC’), would like to inform the public that, ...
CySec imposed Administrative fine to a Cyprus Investment Firm and its Director
July 6th, 2015
CySec has issued an announcement to inform that: At the meeting held on the 11 November 2013, decided to impose the total administrative fine of €100.000 to CIF CommexFX Ltd (‘’the Company’) for violating: 1. Section 28(1) of the ...
CYPRUS: PDMO sells €31m in retail bonds, €182m so far
June 26th, 2015
The Cyprus Ministry of Finance sold 6-year government bonds worth €31 mln in its monthly offer this week, the second highest in the programme that started last year, suggesting that investors were unaffected by the government’s move to lower ...
Eurogroup statement on Cyprus, 18 June 2015
June 19th, 2015
The Eurogroup welcomes the institutions’ conclusion following the sixth review mission that Cyprus‘ adjustment programme has been brought back on track. The fiscal performance continues to be solid, the debt outlook has improved, and structural reforms are progressing in ...
CySec: Renouncement of Cyprus Investment Firm licence
June 16th, 2015
The Cyprus Securities and Exchange Commission has issued a press release to inform that: On 6th June 2015, the CIF Saxo Capital Markets CY Ltd, which provided investment services via the domain www.saxomt4.com, renounced its authorization pursuant to section 24(1)(b) of ...
SaxoTraderGO success prompts Saxo to close Cyprus MT4 offering
June 5th, 2015
Following the successful launch of SaxoTraderGO, Saxo’s new, intuitive, multi-asset trading platform, Saxo Capital Markets CY Ltd., a fully owned subsidiary of Saxo Bank, will cease its operations as a provider of retail MT4 solutions and its MT4 platform will be ...
Are They About To Confiscate Money From Bank Accounts In Greece Just Like They Did In Cyprus?
May 19th, 2015
Do you remember what happened when Cyprus decided to defy the EU? In the end, the entire banking system of the nation collapsed and money was confiscated from private bank accounts. Well, the nation of Greece is now approaching ...
