Search Results for: Securities and Exchange Commission
CySec suspends the license of a Cyprus Investment Firm
November 24th, 2016
The Cyprus Securities and Exchange Commission (‘CySEC’) announces that the authorisation of the Cyprus Investment Firm ‘PFX Financial Professionals Ltd’ (‘the Company’), with number 193/13, is suspended, pursuant to section 26(2) of the Investment Services and Activities and Regulated ...
Credit Suisse Faces Tax Probe Over Undeclared Accounts
November 22nd, 2016
U.S. asks why bank didn’t reveal ‘toxic’ assets, people say Bank paid record fine in 2014 for helping Americans skirt IRS When Credit Suisse AG pleaded guilty in 2014 to helping Americans cheat on their taxes, it promised to help the ...
CySec issued a new warning regarding individuals impersonating CySec representatives
November 17th, 2016
Following up on its announcements dated 27 November 2015, 10 June 2016 and 19 October 2016, the Cyprus Securities and Exchange Commission (CySec) would like to remind investors and the general public of the following: From time to time it comes ...
CySec approved a new Administrative Services Provider
November 9th, 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: BlauStein Corporate Services Ltd Stasinou 1, Mitsi Building ...
CySec issued update notice regarding the Investor Compensation Fund for Falcon Brokers covered clients
November 7th, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued today an announcement to inform further regarding the Investor Compensation Fund for IF Clients for the the covered clients of Falcon Brokers Ltd. The CIF license of Falcon Brokers Ltd, number ...
ISA Israel grants a license to a sixth retail forex broker
November 7th, 2016
Following a previous announcement by the Israel Securities Authority (ISA) for granting a license to five Forex Brokers, ISA informs that a another retail Forex broker received a license making the number of retail Forex brokers that will be ...
Asian Stocks Extend Weekly Drop With Oil Below $45; Lira Weakens
November 4th, 2016
Manager’s team said to order unwanted cards for Wachovia staff Leaders ‘intently focused’ on restoring trust after CEO’s exit After Wells Fargo & Co. executive John Sotoodeh handed off more than a hundred branches in Southern California to a ...
CySec: Cyprus Investment Firm renounced its authorisation
October 31st, 2016
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that on 30th September 2016, the CIF Starfish Markets (CY) Ltd renounced its authorization pursuant to section 24(1)(b) of the Investment Services and Activities and Regulated Markets Law of ...
CySec has issued a Consultation Paper regarding requirements for the safeguarding of clients’ funds
October 27th, 2016
The Cyprus Securities and Exchange Commission (CySec), in the context of establishing effective arrangements and procedures for consultation with market participants, has issued a Consultation Paper regarding a proposed circular on the requirements for the safeguarding of clients’ funds. ...
CySec fined €225.000 a Cyprus Investment Firm
October 25th, 2016
The Board of the Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors that, at its meeting held on September 26, 2016, decided to impose a total administrative fine of €225.000 on the CIF XFR Financial Ltd ...
