FxPulp's license has been suspended by CySec, with a 10 day period having been provided for the firm to comply with irregularities highlighted by the regulator. During this period, the firm must return client funds and profits
Read moreA look back at the most intriguing and popular Forex industry news stories from the past week at LeapRate. To make sure that you receive timely access to all LeapRate news, sign up to our Daily Forex Industry Newsletter on the right. → Last week, LeapRate's Andrew Saks-McLeod spent the week in Mexico City amongst fellow…
Read moreThe Cyprus Securities and Exchange Commission (CySEC) today issued a circular to Cyprus Investment Firms (CIFs) over the need to establish strict controls and monitor foreign exchange risks. The circular reminds all investment firms that the law, particularly Directive DI144-2007-14, obliges them to establish strategies and policies for taking up, managing, monitoring and mitigating the risks…
Read moreCySec's entirely new website consists of clearly listed announcements which are arranged on a per-category basis, and clear distinction between English and Greek languages. The alerts service has also been replaced by RSS feed updates, however certain newly-licensed firms are now omitted from the list of CIFs
Read moreFrom the 182 CySec regulated investment firms, 158 had no losses from the Swiss Franc move, and of the 24 which suffered losses, no capital adequacy issues were experienced, with CySec reporting a business increase due to problems experienced by firms in other regions
Read moreCySEC "requests" CIF designated investment firms which includes all Forex brokers on the EU regulated island to report any adverse effects from CHF spike aftermath by Tuesday, 1/20/15
Read moreVgenopoulos and Bouloutas accused Kalogerou of neglecting her duties as chairwoman, violating confidentiality clauses and other criminal offenses. The first hearing has been set for January 22.
Read moreXM.COM, the trade name of Trading Point Holdings Ltd, a forex broker with headquarters in Limassol, Cyprus and with licenses from CySEC, ASIC and New Zealand's FSP has today announced traders choosing to open an XM Real Account now have the added flexibility of specifying either South African Rand (ZAR) or Singapore Dollar (SGD) as their…
Read moreA look back at the most intriguing and popular Forex industry news stories from the past week at LeapRate. To make sure that you receive timely access to all LeapRate articles, sign up to our Daily Forex Industry Newsletter on the right. → The last week in December was another shortened week due to New Year's…
Read moreTo compliment the company's existing regulatory licenses in Mauritius and New Zealand, FXPrimus has now been granted a license by CySec
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