Search Results for: Securities and Exchange Commission
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, ...
Grant Thornton fined $1.5 Million
January 4th, 2018
PCAOB Announces $1.5 Million Settlement with Grant Thornton for Quality Control Violations and Audit Failures. The Public Company Accounting Oversight Board today announced a $1.5 million civil penalty and censure against Grant Thornton LLP for violations of quality control ...
CySec announced two firms authorised as Cyprus Investment Firms
December 21st, 2017
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued two announcements to inform that new companies have been approved by the Commission as Cyprus Investment Firms (CIFs). According the announcements, the firms Aquilla ...
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 ...
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 ...
CySec announced the authorisation of new Cyprus Investment Firms
December 7th, 2017
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued two announcements to inform that new companies have been approved by the Commission as Cyprus Investment Firms (CIFs). According the announcements, the firms ABC ...
Supervisory Authority Halts A Fast-Moving Initial Coin Offering Fraud That Raised Up To $15 million
December 5th, 2017
The Securities and Exchange Commission (SEC) announced it obtained an emergency asset freeze to halt a fast-moving Initial Coin Offering (ICO) fraud that raised up to $15 million from thousands of investors since August by falsely promising a 13-fold ...
CySec announced withdraw of the suspension of a Cyprus Investment Firm’s authorisation
December 1st, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform the public that at its meeting dated 27 November 2017, decided to withdraw the suspension of the authorisation of the Cyprus Investment Firm Concorde Investments (Cyprus) Ltd ...
CySEC informs that a Cyprus Investment Firm renounced its authorisation
November 13th, 2017
The Cyprus Securities and Exchange Commission (‘CySEC’) announces that, on 6th November 2017, the CIF Dragon Options Ltd (‘the Company’), which provided investment services via the domains www.taotrade.com, and www.dragonoptions.com renounced its authorisation, pursuant to section 24(1)(b) of the ...
CySec informs CIFs for the provision of warnings to retail clients resided in Spain
November 3rd, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued today a Circular to inform the Cyprus Investment Firms (CIFs) about requirements of the Spanish Securities and Exchange Commission (the CNMV) regarding the provision of warnings on complex financial instruments ...
