Search Results for: Cyprus
CySec warns for XECOIN or cryptocoin available in Cyprus
March 30th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors and public regarding XECOIN or cryptocoin that according to information is available in Cyprus. According to CySec’s announcement, XECOIN or cryptocoin is not a financial ...
Regulated Cyprus Investment Firm terminates the offering of bonuses and other trading benefits
March 30th, 2017
Rodeler Ltd that is regulated and licensed under the Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that has decided to completely terminate the offering of bonuses and other trading benefits. Rodeler Ltd is the ...
CySec suspends the license of a Cyprus Investment Firm
March 20th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors and public that the authorisation of the Cyprus Investment Firm Boursotrade Ltd (‘the Company’), number 235/14, is suspended, pursuant to section 26(2) of the Investment Services ...
CySec decided to wholly withdraw the license of a Cyprus Investment Firm
March 15th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors and public that the Commission decided to wholly withdraw the CIF authorization with number CIF 085/07 of Atlas Capital Financial Services Ltd. CySec has suspended ...
CySec imposed an administrative fine on a Cyprus Investment Firm
March 10th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform public that at the meeting held on 30th January 2017, the Board of the Commission decided to impose an administrative fine of €5.000 to CIF Novox Capital Ltd ...
The housing cost in Cyprus, Greece, Romania, Germany and other EU members; an excessive burden
March 9th, 2017
Housing costs – an excessive burden for 11 % of Europeans Costs relating to housing are the main items of expenditure for many European households. In the European context, these expenses include rental or mortgage interest payments but also ...
Breaking: Saxo Bank is closing Cyprus Office
March 8th, 2017
Saxo Bank has just announced that the company is closing its office in Limassol, Cyprus. The online investment bank regulated in EU and headquartered in Copenhagen, is operating in financial centers around the world. Saxo Bank opened its Cyprus ...
CySec informs Cyprus Investment Firms about freedom to provide investment services in a third country
March 6th, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to inform Cyprus Investment Firms (CIFs) in respect of the freedom to provide investment and ancillary services and/or perform investment activities in a third country. According the Circular: ...
Former deputy attorney-general of Cyprus was sentenced to 3.5 years in prison
March 1st, 2017
Former deputy attorney-general Rikkos Erotokritou was sentenced to 3.5 years in prison on Wednesday for his involvement in a conspiracy with the Andreas Neocleous law firm in 2013. Panayiotis Neocleous, one of the law firm’s partners and son of ...
Cyprus company providing Administrative Services waived its authorization
February 28th, 2017
The Cyprus Securities and Exchange Commission (CySEC) announces that, on 21st December 2016, the Company Providing Administrative Services Olies Corporate Services Ltd (the ‘Company’), waived its authorization pursuant to section 16(1) of the Law Regulating Companies Providing Administrative Services ...