Search Results for: Cyprus Securities Exchange Commission
CySec published Consultation Paper regarding the obligations of CIFs when providing information to clients and invites comments and suggestions submission
June 29th, 2016
The Cyprus Securities and Exchange Commission has published a Consultation Paper of the Cyprus Securities and Exchange Commission regarding a proposed circular on the obligations of CIFs (Cyprus Investment Firms) when providing information to clients in relation to services and instruments ...
CySec approved two firms as Administrative Services Providers
June 29th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued announcements to inform that two firms has been approved as Administrative Services Providers (ASP). According the announcements, the below firms have been approved: 1) MG Master Group Mutual Trust Ltd Prodromou ...
CySec’s first rejection of an Administrative Services Provider authorisation
June 16th, 2016
The Cyprus Securities and Exchange Commission (CySec) announces that, at the meeting held on 28th March 2016, decided to recall its decision dated 13th July 2015 to grant an authorisation for providing Administrative Services (‘ASP’) to Opus Trust Management Ltd (‘the Company’), ...
CySec has issued a circular for CIFs regardig their remuneration obligations
June 16th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued a circular wishes to remind the Cyprus Investment Firms (CIFs) about their obligations concerning remuneration policies and practices. In particular: 1. The CIFs must establish, implement and maintain remuneration policies ...
CySec warns that individuals are falsely presenting themselves as CySec officers
June 13th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued a warning to inform investors and the general public regarding individuals impersonating CySec officers : According to CySec’s warning: Following up on the relevant Cyprus Securities and Exchange Commission (‘CySEC’) announcement ...
SEC released: Nukkleus Inc. acquired 9.9% of IBIH Limited and 100% of Iron Australia
June 6th, 2016
The Securities and Exchange Commision (SEC) USA has issued today a press release in relation to the announcement of Nukkleus Inc. for the acquistion from IBIH 2,200 shares of capital stock of IBIH, representing 9.9% of the issued and ...
CySec reports that 63 regulated entities connected with Mossack Fonseca Panama Papers
June 3rd, 2016
CySec has issued today a report to inform regarding the results of its evaluation of 413 regulated entities (CIFs, ASPs, MC UCITS, AIFMs, AIFLNP) for possible relation with Mossack Fonseca and Panama Papers. CySec wishes to inform that: Following ...
CySec announced approved Administrative Services Providers
June 2nd, 2016
CySec has issued announcements to inform regarding the approval of two firms as Administrative Services Providers (ASP). According the announcements, the below firms have been approved: 1) Scivias Trust Management Ltd Corner John Kennedy & Irakli Araouzou Str., Christiana ...
CySec clarifies regarding the renounced of Pegase Capital CIF license
May 30th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to further clarify regarding its announcement dated May 26 for the Cyprus Investment Firm Pegase Capital Ltd. The Cyprus Securities and Exchange Commission (CySec) announces that, on 13th May ...
CySec suspends CIF UBFS Invest powered by Moneychoice Brokers Ltd
May 30th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that, following a decision in the meeting dated 23 May 2016, the authorisation of the Cyprus Investment Firm ‘UBFS Invest powered by Moneychoice Brokers Ltd’, with number 239/14, ...
