The Board of the Cyprus Securities and Exchange Commission (CySEC) has informed that, at the meeting held on July 25, 2016, it decided to impose a total administrative fine of €2.000 to CIF M&L Invest Union Markets Ltd for non-compliance with the following:
- article 3 of Implementing Regulation (EU) No 680/2014 of the European
Commission, and - paragraph 61(4) of the CySEC’s Directive DI144-2014-14 for for the Prudential
Supervision of Investment Firms
Click here to see the full announcement.