Search Results for: Cyprus
A new firm obtained the CIF license from CySec
April 20th, 2016
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that “Itrade Global Ltd“ has successfully obtained the CySec licence for CIF (Cyprus Investment Firm). The firm is now authorised to operate legally ...
CySec has issued a Circular to inform regarding trading in Binary Options
April 14th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued today a Circular that refers to Cyprus Investment Firms which are providing services in relation to binary options (‘the CIFs’). With this Circular, CySec wishes to inform the CIFs about ...
There’s still a lot of optimism for the eastern Mediterranean gas fields
April 11th, 2016
E MED: Short – Term problems cloud Longer – Term Outlook There’s still a lot of optimism surrounding the eastern Mediterranean, despite a recent decision by the High Court in Jerusalem that will delay Israeli field developments and continuing ...
Continuance of suspension of the authorisation of CIF Pegase Capital Ltd
April 7th, 2016
CySec has issued an announcement to inform regarding the Continuance of suspension of the authorisation of CIF Pegase Capital Ltd. According to CySec: Following previous announcement dated 4 March 2016, the Cyprus Securities and Exchange Commission, following a decision in ...
Revealed: the $2bn offshore trail that leads to Vladimir Putin
April 4th, 2016
A network of secret offshore deals and vast loans worth $2bn has laid a trail to Russia’s president, Vladimir Putin. An unprecedented leak of documents shows how this money has made members of Putin’s close circle fabulously wealthy. Though the ...
Mayzus Investment fined by CySec
March 31st, 2016
Further to the announcement issued regarding the imposition of Administrative Fine on CIF Ouroboros Derivatives Trading Ltd, the Cyprus Securities and Exchange Commission (CySec) has issued a second announcement to inform investors that, at its meeting held on February ...
Israeli High Court Strikes Down Noble Gas Deal
March 28th, 2016
Marking a significant setback for gas exploration in the Eastern Mediterranean, Israel’s high court struck down a deal between the government and a U.S. consortium led by Noble Energy NBL -0.65%. Citing the deal’s “stability clause” as cause for concern, the court argued ...
US Treasury rules FBME ‘still a money laundering concern’
March 28th, 2016
The US Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a final ruling imposing prohibition on the opening or maintaining of correspondent accounts for, or on behalf of, FBME Bank Ltd, the Central Bank of Cyprus (CBC) announced on ...
CySec informs in relation to Starfish Markets (CY)
March 25th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors regarding the company ‘Starfish Markets (CY). According CySec’s announcement, the company ‘Starfish Markets (CY) Ltd’ (‘the Company’) has obtained a license by the CySEC to operate as ...
Gas in Mediterranean: Beware from false expectations
March 17th, 2016
The Eastern Mediterranean contains a cluster of proven gas fields that are capable of contributing significantly to both national and regional energy security. But there is a very real danger that the peoples of all three countries that have ...
