Search Results for: Cypriot
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 announces the suspension of the authorisation of CIF ‘1 T.C.R CORP. LTD’
July 16th, 2015
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that: The authorisation of the Cyprus Investment Firm ‘1 T.C.R CORP. LTD’, number 237/14, is suspended, pursuant to section 26(2) of the Investment Services and ...
CySec announces the suspension of the authorisation of CIF ‘Asset Management Advisory Services (AMASS) Ltd’
July 10th, 2015
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that: The authorisation of the Cyprus Investment Firm ‘Asset Management Advisory Services (AMASS) Ltd’, number 167/12, is suspended, pursuant to section 26(2) of the Investment Services ...
CySec: Withdraw of CIF authorisation
July 10th, 2015
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority, has issued an announcement informing that: On its meeting of 6 July 2015, has decided, pursuant, of section 25(1), subparagraphs (b) and (c) of the Investment Services ...
Greek debt crisis: Where do other eurozone countries stand?
July 9th, 2015
Eurozone leaders are back in Brussels to discuss how to deal with the growing debt crisis in Greece. Greek voters overwhelmingly rejected the terms of an international bailout on Sunday. Although some countries are keen to strike a compromise, ...
Why CySec did not report details of the imposed sanctions to Safecap Investments Ltd?
July 3rd, 2015
The Cyprus Securities and Exchange Commission (CySec) announced imposition of Administrative fine to the Cypriot Investment Firm, Safecap Investments Ltd, but in contrast to its usual practice to provide details of the violations with reference to the specific articles ...
Could Russia afford to bail out Greece and what would that mean?
June 22nd, 2015
There are deep cultural and historical ties between Greece and Russia. In terms of religion, the majority faith in both countries is Eastern Orthodox. And Russia has a track record of standing up for Greece, like it did during ...
CySec announces the suspension of the authorisation of CIF ‘CommexFX Ltd’
June 12th, 2015
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that: The authorisation of the Cyprus Investment Firm ‘CommexFX Ltd’, number 153/11, is suspended, pursuant to section 26(2) of the Investment Services and Activities and ...