CySEC proposes adoption of AML provisions on cryptocurrencies into national law LeapRate

February 20, 2019 BY Valentina Kirilova

CySEC proposes adoption of AML provisions on cryptocurrencies into national law

The Cyprus Securities and Exchange Commission (CySEC) today released a consultative paper proposing that the legal provisions made in the 5th AML Directive (AMLD5) be adopted into the country’s law. Today’s announcement is a result of concerns raised by legal entities dealing in crypto assets whose needs are not being met by the current regulations.…

January 08, 2019 BY Valentina Kirilova

CySEC permanently deletes TCSL Troodos Corporate Services Ltd from the Register

The Cyprus Securities and Exchange Commission (CySEC) has announced that, on 1st December 2018, the Company Providing Administrative Services TCSL Troodos Corporate Services Ltd (the ‘Company’), waived its authorisation pursuant to section 16(1) of the Law Regulating Companies Providing Administrative Services and Related Matters of 2012, as in force (the ‘Law’). Therefore, the Company’s authorisation…

December 11, 2018 BY Valentina Kirilova

Cyprint Plc fined €10.000 for insider trading

The Cyprus Securities and Exchange Commission (CySEC) has just announced that it has fined the company Cyprint Plc and its former Director due to Insider Dealing. Cyprint Plc has to pay a total administrative fine of €10.000 and Mr Christakis Christodoulou, Executive Director at the time, €5.000. The complete text of the regulator’s decision can…

November 21, 2018 BY Valentina Kirilova

CySEC suspends PCM Advisers LTD CIF license

The Cyprus Securities and Exchange Commission (CySEC) has just informed investors that it has suspended PCM Advisers LTD’s CIF license. The complete text of the regulator’s decision can be seen below: CYSEC Decision Announcement date: 20.11.2018 CySEC Decision date: 20.11.2018 Regarding: PCM Advisers LTD Legislation: The Investment Services and Activities and Regulated Markets Law Subject:…

November 14, 2018 BY Valentina Kirilova

CySEC suspends Fenix Capital Markets Trading Ltd CIF license

The Cyprus Securities and Exchange Commission (CySEC) has just informed investors that it has suspended Fenix Capital Markets Trading's CIF license. The complete text of the regulator’s decision can be seen below: Announcement date: 14.11.2018 CySEC Decision date: 14.11.2018 Regarding: Fenix Capital Markets Trading Ltd Legislation: The Investment Services and Activities and Regulated Markets Law…

October 30, 2018 BY Valentina Kirilova

CySEC removes Midland Consult Cyprus Ltd from the Register

The Cyprus Securities and Exchange Commission (CySEC) has just announced that, on 9th October 2018, the Company Providing Administrative Services Midland Consult Cyprus Ltd (the ‘Company’), waived its authorisation pursuant to section 16 of the Law Regulating Companies Providing Administrative Services and Related Matters of 2012, as in force (the ‘Law’). Therefore, the Company’s authorisation…

October 19, 2018 BY Valentina Kirilova

CySEC fines individual €10.000 for fraud

The Cyprus Securities and Exchange Commission (CySEC) has just informed the public that it decided the imposition of an administrative fine of €10.000 to Mrs Milena Valentinova Christofide. The complete text of the regulator’s decision can be seen below: Announcement date: 19.10.2018 Board decision date: 03.09.2018 Regarding: Mrs Milena Valentinova Christofide Legislation: The Investment Services…

October 03, 2018 BY Valentina Kirilova

CySEC issues warnings regarding Brisk Liquidity, Binatex, and Primus Trade

The Cyprus Securities and Exchange Commission (CySEC) has just informed the public that it has issued several warnings regarding Brisk Liquidity, Binatex, and Primus Trade. Brisk Liquidity CySEC has informed investors about the following regarding "Brisk Liquidity Ltd": The Company, through the website www.briskliquidity.nz, uses the name of the Cyprus Investment Firm (“CIF”) Globia Wealth…

October 03, 2018 BY Valentina Kirilova

CySEC fines the Director of Orphanides Public Company Ltd €5.000

The Cyprus Securities and Exchange Commission (CySEC) has just informed the public that it decided the imposition of an administrative fine of €5.000 to Mr. Christos Filaktou (Director of Orphanides Public Company Ltd). The complete text of the regulator’s decision can be seen below: Announcement date: 03.10.2018 Board decision date: 03.09.2018 Regarding: Mr. Christos Filaktou…

September 28, 2018 BY Valentina Kirilova

Forex broker AFX Capital reaches €50K settlement with CySEC

The Cyprus Securities and Exchange Commission (CySEC) has just informed the public that it has reached a settlement with CIF AFX Capital Markets Ltd. The settlement is for the amount of €50.000. The Company has paid the amount of €50.000. The complete text of the regulator’s decision can be seen below: Announcement date: 28.09.2018 Board decision date:…

Tag: Cyprus Securities and Exchange Commission