Tag: Mutual Trust Limited

August 09, 2016 BY Valentina Kirilova

CySEC continues ASP license suspension of Mutual Trust Limited

Cyprus financial regulator CySEC has once again extended the suspension of ASP license of the administrative services provider Mutual Trust Limited. CySEC has stated that Mutual Trust Limited appears to be non-compliant with Cyprus’ law of protection of client funds, its own funds appear to be less than the sum of its capital requirements, and…

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August 01, 2016 BY Valentina Kirilova

CySEC suspends Mutual Trust Limited's authorisation

The Cyprus Securities and Exchange Commission (CySEC) has announced that the authorisation for providing Administrative Services of the company Mutual Trust Limited, with number 44/196, is suspended, pursuant to section 15(1)(b) of the Law Regulating Companies Providing Administrative Services and Related Matters of 2012. There have been suspicions of an alleged violation of section 23(1) of…

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