Tag: Cyprus financial regulator

cysec cif licence suspension
January 31, 2019 BY Valentina Kirilova

CySEC warns against fraudulent emails

Cyprus financial regulator CySEC has warned the public that emails are being sent by unidentified sources, illegally using the logo or the name of CySEC. These impersonators emails seek payment of so-called outstanding sums to or from the Commission. This is not the first time CySEC issues an impersonators scam warning. The regulator has already issued…

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January 11, 2019 BY Valentina Kirilova

CySEC renews registration in the Public Register

Cyprus financial regulator CySEC has just made an announcement regarding the renewal of the registrations of Certified Persons in the Public Register. The regulator has recently become a member of the Mediterranean Partnership of Securities Regulators. The announcement reads as follows: In accordance with paragraph 17(1) of the Directive regarding the Certification of Persons and…

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cysec cif license
September 14, 2018 BY Valentina Kirilova

CySEC withdraws CIF license of Gobaba FX Cy Ltd

Cyprus financial regulator Cyprus Securities and Exchange Commission (CySEC) has made another announcement today regarding the withdrawal of the CIF license of a company called Gobaba FX Cy Ltd. The complete text of the regulator’s decision can be seen below: Announcement date: 13.09.2018 CySEC Decision date: 10.09.2018 Regarding: Gobaba FX Cy Ltd Legislation: The Investment…

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July 25, 2016 BY Valentina Kirilova

CySEC notes 'recurring observations' from money laundering reviews of CIFs

During 2015 and 2016 Cyprus financial regulator CySEC has performed on-site inspections assessing the compliance of Regulated Entities with their obligations deriving from the Prevention and Suppression of Money Laundering and Terrorist Financing Law of 2007-2016. The on-site inspections have shown an overall improvement and strengthening in the internal policies and controls implemented by Regulated…

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