The Cyprus Securities and Exchange Commission (CySEC) today published a Circular (C130) advising the Cyprus Investment Firms (CIFs) to keep a close eye on risks associated with a possible exit of the United Kingdom from the European Union. The Cypriot securities regulator reminds CIFs that a referendum will be held in the UK on June…
Read moreThe Cyprus Securities and Exchange Commission (CySEC) has just announced an extension to the suspension of the Cyprus investment firm (CIF) license of Pegase Capital Limited, which owns brands like Interactive Option. The regulator initially suspended Pegase Capital's license on March 4, 2016, referring to numerous numerous violations of Cypriot investment laws. In November last year,…
Read moreThe Cyprus Securities and Exchange Commission (CySEC) today published a warning against Airsoft, a company offering software solutions to start a Forex and/or a binary options broker. Airsoft says on its website (www.airsoftltd.com) that it is regulated by CySEC and it is this claim that has sparked the concerns of the regulator, as CySEC does…
Read moreThe Cyprus Securities and Exchange Commission (CySEC) today reminded Cyprus Investment Firms (CIFs), that is binary and Forex brokers, of their responsibilities regarding their investment activities in third countries. In a circular out today, the Cypriot watchdog flashed its regulatory teeth at investment firms which it regulates but which have been included in the Investors…
Read moreThe Cyprus Securities and Exchange Commission (CySEC) earlier today published a warning against Forex broker Noerus Capital, operating the website www.noeruscapital.com. The Cypriot regulator notes that the company is not permitted to provide investment and ancillary services in Cyprus, pursuant to Investment Services and Activities and Regulated Markets Law, because it has never been authorized…
Read moreThe Cyprus Securities and Exchange Commission (CySEC) today published a warning against Bullet Investment, operating via https://www.bulletinvestment.com/. The Cypriot watchdog notes that the company is not permitted to provide investment and ancillary services in Cyprus, pursuant to Investment Services and Activities and Regulated Markets Law, as it has never been authorized by the CySEC. In…
Read moreThe Cyprus Securities and Exchange Commission (CySEC) has just made a move towards accelerating the procedure for examining the authorization applications of investment firms. The Cypriot regulator mentions Cyprus investment firms (CIFs) in the set of companies covered by a new offer – a ‘fast track’ examination scheme. The scheme covers applicants who have already…
Read moreThe Cyprus Securities and Exchange Commission (CySEC) today announced that a meeting held on October 26, 2015, its Board has decided to keep the authorization of Cyprus Investment Firm Falcon Brokers Ltd suspended. The regulator initially suspended the CIF license of Falcon Brokers on September 24, 2015, referring to alleged violations of operational requirements related to…
Read moreThe Cyprus Securities and Exchange Commission (CySEC) has earlier today published a clarification regarding the handling of investor and shareholder complaints against Cyprus Investment Firms (CIFs). The regulator said the announcement was made “on the occasion of the full operation of the Financial Ombudsman of the Republic of Cyprus”, which is the institution to turn…
Read moreCompetition among western firms to enter the Chinese market has been a very important focus for some time, however China has now brought a home-grown retail FX company to a Western audience by establishing in Cyprus.
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