The Cyprus Securities and Exchange Commission (CySEC) has announced that, on June 24, 2016, the CIF Xenon Capital Partners Ltd, which provided investment services via the domain xenoncp.com.cy, renounced its authorization pursuant to section 24(1)(b) of the Investment Services and Activities and Regulated Markets Law of 2007, as in force (the ‘Law’). Therefore, the CIF authorization with Νumber 135/11 lapsed as from the abovementioned date.
The company is obliged to settle within a period of three months its obligations arising from the investment services that lapsed.
It is noted that CIF Xenon Capital Partners Ltd remains under the supervision of the CySEC until it settles its obligations arising from the investment services that lapsed.