The fine was imposed over violations of the Prevention and Suppression of Money Laundering and Terrorist Financing Law, as well as Directive DI144-2007-08 of 2012 for the Prevention of Money Laundering and Terrorist Financing.
Read moreOne year after revoking the license of binary options broker Cedar Finance, CySEC takes away the authorization of its parent company P.M. Investment Capital Limited.
Read moreNo certificate will be issued to investment firms, even to registered ones, before they are fully compliant with CySEC demands and have their licenses activated.
Read moreDuring the time the authorization of the Forex broker is suspended, it cannot provide any investment or ancillary services.
Read moreSeveral months after acquiring a CIF license, the retail Forex broker moves its headquarters to Cyprus.
Read morePoland's financial regulator, KNF, will invoke a law on July 16 deeming that a retail investor is allowed to invest in derivatives having a margin deposit that amounts to at least 1% of the nominal contract value of that instrument for OTC trades not cleared by a central counterparty
Read moreThe Cypriot watchdog says investors should be vigilant when trading in products like forex and binary options, especially if they are presented using aggressive marketing strategies.
Read moreThe Cypriot watchdog cited violations of rules regarding safeguarding of clients' funds and operational requirements concerning clients' funds.
Read moreThe investment firm got fined for violating the Investment Services and Activities and Regulated Markets Law of 2007.
Read moreCypriot investment firms have to notify the regulator of all of their active web addresses and to make sure that their names are visible on the websites.
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