Search Results for: ADS Securities
CySEc decided to withdraw the authorization of a Cyprus Investment Firm
February 6th, 2018
The Cyprus Securities and Exchange Commission (‘CySEC’) has issued an announcement to inform that, on its meeting of 25th September 2017, has decided, pursuant to sections 25(1)(b) and 26(4)(b) of the Investment Services and Activities and Regulated Markets Law ...
Over £87,000 lost to binary options scams every day in the UK
January 29th, 2018
Over £87,000 lost to binary options scams every day in the UK Under 25s are six times more likely to trust an investment offer made via social media, compared to those aged 55+ Online overtakes phone as most common ...
Online retail Forex provider fined for multiple compliance failings
January 23rd, 2018
The Cyprus Securities and Exchange Commission (“CySEC”) has issued an announcement to inform about the imposition of a financial penalty on Spot Capital Markets Ltd. (the “Company”), an investment firm that provides online retail trading products in forex. A ...
CySec informs that two Administrative Services Providers waived their authorisation
January 16th, 2018
The Cyprus Securities and Exchange Commission (CySec) has issued today two announcements to inform that two firms providing Administrative Services waived their authorisation. According the CySec’s announcement, the firms Providing Administrative Services, Zoeline Consultants Ltd and Westring Consulting Services ...
Study Finds That 22 Percent Of Bitcoin Investors Are Using Debt To Fund Their Investments
January 16th, 2018
Investing in cryptocurrencies such as Bitcoin, Ripple, Ethereum and Litecoin is extremely risky, and experts all over the country are warning that people should only invest what they are willing to lose. Unfortunately, many are getting swept up in ...
Shareholder of a Cyprus Investment Firm fined by CySec
January 11th, 2018
The Board of the Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform the public that, at its meeting held on 13 November 2017, decided to impose an administrative fine of €10.000 to Mr. Pavel Krymov, ...
Euro near three-year peak as dollar languishes, risk appetite hurts yen
January 5th, 2018
The euro hovered near a three-year high against the sagging dollar on Friday, while improving investor risk appetite weighed on the yen. The euro was 0.05 percent higher at $1.2074 after rising 0.45 percent overnight. The common currency received ...
Cyprus Investment Firm that provides Forex trading received a €95,000 penalty by CySEC
December 20th, 2017
The Cyprus Securities and Exchange Commission (“CySEC”) has imposed a financial penalty on Reliantco Investments Ltd. (“Reliantco”; the “Company”), an investment firm that provides online retail trading products in forex and whose domain names include www.ufx.com; www.ufxaffiliates.com; www.ufxpartners.com. A ...
Several current and former KPMG partners face court contempt
December 20th, 2017
Several current and former KPMG partners are facing contempt proceedings in a Hong Kong court, as liquidators for a failed U.S.-listed Chinese company step up their action against the auditor over its refusal to produce Chinese working papers. The ...
Cyprus Investment Firm fined by CySec
December 18th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that at its meeting held on 13 November 2017, the Board decided to impose a total administrative fine of €50,000 to CIF Centralspot Trading Ltd for ...
