Search Results for: CIF
CySec announced for the Regulatory Obligations of CIFs when providing binary options
February 13th, 2017
The Cyprus Securities and Exchange Commission (CySEC) has today published a consultation paper regarding its proposed reforms to the regulatory framework governing the provision of investment services in binary options by firms under its supervision (“Cyprus Investment Firms” or “CIFs”). ...
PIMCO named the new Head of Asia-Pacific
January 25th, 2017
Ms. Stafford is currently Global Head of PIMCO’s Consultant Relations Group Replaces Eric Mogelof, Managing Director, who is relocating to New York to head firm’s U.S. Wealth Management business PIMCO, a leading global investment management firm, has announced that ...
AMF sets specifics for its ban on the advertising of the riskiest products
January 11th, 2017
A major investor protection milestone: the AMF sets specifics for its ban on the advertising of the riskiest products For several years, the AMF has focused its attention on exposing the danger posed to retail investors by highly speculative ...
CySec announced Continuance of suspension and commencement of proceedings for the possible withdrawal of a CIF license
December 20th, 2016
Following the announcement dated 29th September 2016, the Cyprus Securities and Exchange Commission (CySec), after a decision at the meeting dated 28th November 2016, announces that the authorisation of the Cyprus Investment Firm Best Choice FBC Ltd (‘the Company’), ...
The Asia-Pacific FinTech landscape is witnessing unprecedented growth
December 5th, 2016
The Asia-Pacific Financial Technology (Fintech) landscape is witnessing unprecedented growth with Fintech solutions and services expected to gross more than US$70 billion in revenue by 2020, with a CAGR of 72.5 percent. Singapore, Hong Kong, and Sydney are innovation ...
CySec publishes information for CIFs in relation to retail investors under MiFID
November 30th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to inform the Cyprus Investment Firms (CIFs) that ESMA published on October 11, 2016, an updated version of its questions and answers document (the ‘Q&A’) on the application ...
ICAP appoints Guy Rowcliffe Head of Asia Pacific, Post Trade Risk and Information Services
November 15th, 2016
ICAP, a leading markets operator and provider of post trade risk mitigation and information services, announces today that Guy Rowcliffe, CEO of RESET, has been appointed Head of Asia Pacific, ICAP Post Trade Risk and Information Services (PTRI). In ...
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 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 ...
