Tag: CySEC

November 02, 2015 BY Maria Nikolova

CySEC keeps authorization of Falcon Brokers suspended

The 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…

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October 29, 2015 BY Maria Nikolova

EXNESS launches separate website for CySEC-regulated operations

Online trading services provider EXNESS Group has announced the launch of a separate website for its Cypriot subsidiary EXNESS (CY) LTD. As of today – October 29, 2015, EXNESS (CY) LTD's website is available at www.exness.eu. The new website will be used for sharing information about the company's trading conditions, opening accounts, and for EXNESS (CY)…

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October 26, 2015 BY Maria Nikolova

Uncertainty mounts over CommexFX as website goes down

After several months during which visitors of the corporate website of Cypriot Forex broker CommexFX saw a message saying “Suspended for 15 days”, all of the information about the broker disappeared from the website as its domain name has expired. Since Friday – October 23, 2015, visitors of commexfx.com have seen an announcement that the…

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October 22, 2015 BY Maria Nikolova

CySEC says investor damage claims should be filed with Financial Ombudsman

The 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…

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October 20, 2015 BY Maria Nikolova

CySEC reinstates authorization of investment firm 1 TCR Corp

The Cyprus Securities and Exchange Commission (CySEC) today announced that its Board has decided to reinstate the authorization of investment firm 1 T.C.R. CORP. LTD, which was suspended on July 16, 2015 amid regulatory concerns. The CySEC Board has decided to withdraw the suspension of the license as the regulator has been satisfied at how…

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