New Administrative Services Provider approved by CySec
October 18th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that a firm has been approved as Administrative Services Provider (ASP). According the announcement, the below firm has been approved: Alexandrou Corporate Services Ltd 76 Omirou Street, Alexandrou ...
ICPAC and the International Compliance Association (ICA) join forces to promote the professionalism of compliance officers
October 17th, 2016
The Institute of Certified Public Accountants of Cyprus (ICPAC) and the International Compliance Association (ICA) penned on Friday, 14 October 2016 a protocol of cooperation in order to promote the common endeavour of enhancing the professionalism of the compliance ...
Investment Analyst
October 12th, 2016
Investment Analyst Reference Number: IA2016 XM, a CySEC regulated international investment company, is seeking to recruit a high calibre, self-motivated professional to join its Investment Research team! The key responsibilities of the role include: Keeping up to date and ...
CySec announced approval of a new Administrative Services Provider
October 12th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that a firm has been approved as Administrative Services Provider (ASP). According the announcement, the below firm have been approved: CITCO (Cyprus) Ltd 10 Diomidous Street, Alphamega Akropolis ...
CUSTOMER SUPPORT OFFICERS
October 11th, 2016
Industry: Financial Services Introduction: XTrade, an Investment firm regulated by Cysec, is an innovative company which has developed a robust and unique web trading platform for foreign currency trading. Description: XTrade is an award-winning provider of desktop and mobile trading services, featuring ...
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 ...
Vanilla Options Vs. Binary Options – A Closer Look
October 10th, 2016
The growth and widespread adoption of online financial trading has given rise to many innovative products designed to help traders maximize their efficiency and improve their profitability. With many new and inexperienced traders entering the market, demand for simplicity ...
NRGbinary is a case of how scammers can hide in gaps between regulators and defraud thousands of investors
October 6th, 2016
In early 2013, a young Israeli businessman registered a web domain in London for a company called NRGbinary.com. The online options trading website offered clients the opportunity to make large amounts of money from simple bets on the movement ...
CySec imposed an administrative fine of €100.000 to a natural person
October 4th, 2016
The Board of the Cyprus Securities Exchange Commission (CySec) has issued an announcement to inform that, at the meeting held on 9 September 2016, decided to impose an administrative fine of €100.000 on Mr. Danny Rothman (or Mr. Daniel Rubinstein) ...
CySec fined Administrative Services Provider
October 3rd, 2016
The Cyprus Securities Exchange Commission (CySec) has issued a press releases to inform that, at the meeting held on September 19th, 2016, decided to impose an administrative fine of €5.000 on the ASP Teos Corporate Services Ltd. According to CySec’s announcement, ...
