With the withdrawal of the its licence, Daweda Exchange should not provide investment and ancillary services. The company should immediately delete all references in its websites of investment services and CySEC licence and return all funds and financial instruments to its clients. CySEC also found the executive members of the company’s board of directors, Hamed…
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CySEC also announced earlier today that it has decided to withdraw the Cyprus Investment Firm authorisation with Number 110/10 of AMG Kapital Limited, again due to the firm’s decision to renounce it. Read More: UGL Exchange Ltd’s CIF licence suspended CySEC suspends CIF licence of M.G.T.M. Financial Services Ltd CySEC suspends CIF licence of Prior Capital…
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The Commission decided to suspend the CIF licence of Belight Capital Group after the violations of the law caused concerns about risk in the protection of the company’s clients and a threat to the orderly operation and integrity of the market. The company has fifteen days to take actions and comply with the provisions of…
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The Commission decided to suspend the CIF licence of UGL Exchange after the violations of the law caused concerns about risk in the protection of the company’s clients and a threat to the orderly operation and integrity of the market. The company has one month to take actions and comply with the provisions of the…
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The Cyprus Securities and Exchange Commission (CYSEC) announced yesterday the suspension of Cyprus Investment Firm (CIF) authorisation of the company M.G.T.M. Financial Services Ltd. The regulator suspended CIF licence 270/15 of M.G.T.M. Financial Services Ltd, due to the company’s decision to expressly renounce it. The complete announcement can be seen here. Read more recent regulation…
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The Cyprus regulator CySEC announced today that it has decided to withdraw the CIF licence of a company named Whotrades Ltd. The regulator is withdrawing the Cyprus Investment Firm authorisation with Number 073/06 of Whotrades Ltd. due to the company’s decision to expressly renounce it. The Cyprus watch dog has recently announced that it has…
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The Cyprus regulator CySEC announced today that it has decided to withdraw the CIF licence of a company named Stocks Forex Ltd. The authorisation number 283/15 is suspended in whole, due to the following reasons: the company's own funds and initial capital were below the minimum allowed, the company did not submit its capital adequacy…
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The Cyprus regulator CySEC has announced that it has decided to withdraw the CIF licence of a company named AMFF Ltd. The Cyprus Securities and Exchange Commission announces that, on its meeting of 8th November 2019, has decided, pursuant to section 8(1)(a) of the Investment Services and Activities and Regulated Markets Law of 2017 and…
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The Cyprus regulator CySEC has announced that it has decided to withdraw the CIF licence of a company named Fidelisco Capital Markets Ltd. The regulator shared that, at its meeting of 8th November 2019, has decided, pursuant to section 8(1)(a) of the Investment Services and Activities and Regulated Markets Law of 2017 and section 4(7)…
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The Cyprus regulator CySEC has made a new announcement yesterday regarding the withdrawal of KIT Finance Brokers Ltd's CIF authorisation. KIT Finance Brokers Ltd's CIF authorisation number is 365-18 and, according to the regulator, the company has decided to expressly renounce it earlier this week. This announcement has been officially made on 28 August 2019…
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