CySEC announces lapse of CIF license of HiwayFX parent Lucro Capital Ltd LeapRate

May 18, 2017 BY Valentina Kirilova

CySEC announces lapse of CIF license of HiwayFX parent Lucro Capital Ltd

The Cyprus Securities and Exchange Commission (CySEC) announced that, on 27th April 2017, the CIF HiwayFX parent Lucro Capital Ltd renounced its authorisation, 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 authorisation with Νumber 252/14 lapsed as from the…

April 12, 2017 BY Valentina Kirilova

CySEC suggests possible Brexit impact on the activities and services of Cyprus Investment Firms

The Cyprus Securities and Exchange Commission (CySEC) requested the Cyprus Investment Firms (CIFs) to report to CySEC on the likely implications that Brexit will have on their activities and services, including any suggestions for adopting immediate measures to eliminate their respective impact. CIFs are therefore advised to look at their business model structure, services and…

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…

Tag: Cyprus financial regulator CySEC