June 12, 2015 BY Maria Nikolova
CySEC suspends CommexFX license
The Cypriot watchdog cited violations of rules regarding safeguarding of clients' funds and operational requirements concerning clients' funds.
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June 09, 2015 BY Andrew Saks-McLeod
CySec looking to strengthen visits to brokerages in Cyprus
Industry sources have explained to LeapRate that Cypriot regulatory authority CySec could step up its compliance inspections within FX firms, with more visits from regulatory officials imminent. Is this a good or bad thing?
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May 28, 2015 BY Andrew Saks-McLeod
Plus500 transfers London clients to Cyprus - LeapRate Exclusive
LeapRate has been provided with a letter to a Plus500 customer, explaining that his trading account which was originally opened and operated by the firm's London based, FCA regulated operations, has been transferred to Plus500's CySec regulated operations in Limassol, Cyprus
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May 21, 2015 BY Maria Nikolova
CySEC imposes EUR 20,000 fine on SkyFX/Trademarker
The investment firm got fined for violating the Investment Services and Activities and Regulated Markets Law of 2007.
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May 20, 2015 BY Maria Nikolova
CySEC imposes administrative fine on Reliantco/UFXMarkets
The firm breached Cypriot investment laws by appointing a tied agent without registration and by not obtaining necessary information from clients regarding their level of knowledge of the services they signed up for.
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May 15, 2015 BY Maria Nikolova
CySEC imposes administrative fine of EUR 20,000 on Banc de Binary
The Cypriot financial regulator fined the binary options broker for violating the Investment Services and Activities and Regulated Markets Law, with the list of transgressions again including suspicious business ties.
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May 13, 2015 BY Maria Nikolova
CySEC outlines demands for websites of investment firms
Cypriot 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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May 04, 2015 BY Mike Fox
Retail and institutional Forex providers make major moves | LeapRate Weekly Look Back April 27th – May 3rd
A look back at some of the most intriguing and popular Forex industry news stories from the past week at LeapRate. To make sure that you receive timely access to all LeapRate news throughout the week, sign up to our Forex Industry Newsletter on the right… →
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April 30, 2015 BY Mike Fox
FinFX transfers retail business to CySEC regulated Best Choice FBC Ltd
Finland based broker FinFX has made some surprising news today as they have merged their retail business with IB and partner oriented brokerage Best Choice FBC Ltd, who is regulated by CySEC but until this point has catered to dealing with IBs and money managers doing business as BCFXbroker. Announced today on the FinFX company blog was…
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April 09, 2015 BY Andrew Saks-McLeod
CySec introduces rulings for brokers issuing trading bonuses - LeapRate investigates
CySec's new rulings on trading bonuses concerning withdrawal conditions, profit made on trading bonuses and the method by which bonuses are explained and provided to clients
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