Tag: CIF License

July 27, 2022 BY Steffy Bogdanova

CySEC withdraws CIF licence of MPS Marketplace Securities

The reasons behind the MPS renouncing the license were not disclosed in CYSEC’s press release, however the company has faced regulatory issues in the past. The Cypriot regulator suspended MPS’s CIF license for a year in September 2019 on suspicions of an alleged violations of the law that may cause concern and risk relating to…

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CySEC
July 22, 2020 BY Steffy Bogdanova

Hoch Capital and Rodeler give up their CIF licenses

Hoch Capital announced it is closing all open positions by 14 August. The CySEC approved the suspension of the license on 6 July. Provider of investment services Rodeler Ltd also notified CySEC of its decision to terminate its CIF license. CySEC announced it approved the request on 6 July.

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cysec cif license
July 22, 2019 BY Valentina Kirilova

CySEC suspends AFX Capital Markets Ltd’s CIF license

The Cyprus regulator (CySEC) announced that it has decided to suspend the Cyprus Investment Firm (CIF) authorisation of the company AFX Capital Markets Ltd. The above decision was reached as the aforementioned alleged violation causes concern and risk relating to the protection of the Company’s clients or of the investors and constitutes a threat to…

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cysec
May 30, 2019 BY Valentina Kirilova

CySEC mirrors ESMA's desicion to restrict the marketing, distribution and sale of CFDs

The Cyprus regulator CySEC has just issued a consultation, mirroring ESMA’s last year restrictions on the marketing, distribution and sale of contracts for difference CFDs. LeapRate reminds that in April the Dutch AFM has also made some changes regarding the marketing, distribution or sale of Binary Options and CFDs to retail investors in and from The Netherlands. Since…

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cysec cif license
March 11, 2019 BY Valentina Kirilova

CySEC withdraws GS Sharestocks Ltd’s CIF license

The Cyprus regulator (CySEC) announced that it has decided to withdraw the Cyprus Investment Firm (CIF) authorisation of the company GS Sharestocks Ltd. The Cyprus Investment Firm's authorisation is with Number 262/14 of GS Sharestocks Ltd. The regulator has made this announcement due to GS Sharestocks Ltd’s decision to expressly renounce it. The official announcement…

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Regulation
February 14, 2019 BY Valentina Kirilova

CySEC withdraws Centaur Financial Services Ltd's CIF license

The Cyprus regulator (CySEC) announced that it has decided to withdraw the Cyprus Investment Firm (CIF) authorisation of the company Centaur Financial Services Ltd. The action follows up Centaur Financial Services Ltd’s decision to expressly renounce it. The official announcement can be seen here. Earlier this week, CySEC warned against several unregulated websites: lite-options.com www.jetfore.com…

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TechFinancials sells its holding in MarketFinancials to Proverial Ltd
January 16, 2019 BY Valentina Kirilova

TechFinancials sells its holding in MarketFinancials to Proverial Ltd

Binary options technology and brokerage company TechFinancials Inc (LON:TECH) has announced that it has entered into legally binding, conditional Share Purchase Agreement (SPA) with the Cyprus incorporated company Proverial Ltd. The SPA is conditional inter alia on the consent of the SFSA which is to be received by no later than 30 June 2019. TechFinancials has informed that…

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cysec license suspended
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:…

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cysec license suspended
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…

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CySEC
November 14, 2018 BY Valentina Kirilova

CySEC withdraws CIF license of Qino Management Advisory Ltd

The Cyprus Securities and Exchange Commission (CySEC) has just informed investors about the withdrawal of Qino Management Advisory Ltd.'s CIF authorisation. The complete text of the regulator’s decision can be seen below: Announcement date: 14.11.2018 CySEC Decision date: 05.11.2018 Regarding: Qino Management Advisory Ltd Legislation: The Investment Services and Activities and Regulated Markets Law Subject: Withdrawal…

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