Due to the high profile nature of the Plus500 acquisition, receipt of regulatory approvals is taking more time than initially anticipated, Playtech admitted.
Read moreShortly after making it to CFTC's RED List, binary options broker Bloombex gets a warning from the Cypriot watchdog too.
Read moreCySEC awarded the Forex broker, part of Russia's Alfa Bank, a license as a Cyprus Investment Firm.
Read moreThe license of the broker, to operate in Cyprus under the name Eurotrade Investments RGB Ltd, has yet to be activated.
Read moreAbout a week after the UK regulator warned regarding unauthorized FX firm Ubroker, the Cypriot financial watchdog also reacts and publishes its own warning.
Read moreSoon after the Forex broker got a warning in Italy, it gets one in Cyprus, as CySEC says that the company is not permitted to provide investment and ancillary services.
Read moreThe regulator says the company is not authorized to offer investment services to Hong Kong residents.
Read moreCyprus regulator CySEC is turning up the heat somewhat on online businesses it licenses (read: Forex and Binary brokerages). New directives issued by the Cypriot financial regulator take aim at the practice of regulated brokers holding CIF licenses redirecting new-client traffic to the websites of non-regulated entities. This somewhat common practice in the Forex industry allows brokers…
Read moreCyprus financial regulator CySEC has made an announcement that it is conducting an ongoing investigation into IronFX, after receiving an increased number of complaints against the company. No determinations have been made at this point, with CySEC stating that it will publish its findings in due course. We believe that this is standard procedure for…
Read moreThe 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.
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