CySEC demands letter from CIFs listing in which other countries they operate LeapRate

May 04, 2017 BY LeapRate Staff

CySEC demands letter from CIFs listing in which other countries they operate

Cyprus financial regulator CySEC, as part of its crackdown on the operations and business practices of licensed Forex, CFD and Binary Options brokers which operate in the country, has issued a new Circular entitled "Freedom to provide investment and ancillary services and/or perform investment activities in a third country." In the Circular signed by CySEC…

March 08, 2017 BY Valentina Kirilova

Saxo Bank to close Cyprus office

Copenhagen based multi asset broker Saxo Bank has just announced that it will close its office in Limassol, Cyprus. The office in Limassol has served as a hub for servicing clients in the CEE and MENA region. Clients will now be serviced from offices in Prague, Dubai and Copenhagen and will have access to the…

March 08, 2016 BY LeapRate Staff

Cyprus bailout exit: What does it mean for Forex brokers?

Cyprus Finance Minister Harris Georgiades made a long awaited presentation yesterday to Eurozone finance ministers in Brussels, setting the scene for Cyprus to formally exit its 2013 EU-led €10 billion bailout later this month. (Cyprus actually only made use of about €6.3 billion of the total available amount). Cyprus' exit now leaves Greece as the only…

January 29, 2015 BY Andrew Saks-McLeod

CySEC launches totally new website

CySec's entirely new website consists of clearly listed announcements which are arranged on a per-category basis, and clear distinction between English and Greek languages. The alerts service has also been replaced by RSS feed updates, however certain newly-licensed firms are now omitted from the list of CIFs

Tag: cyprus forex brokers