The circular said: On a number of occasions, it was observed that the AML/CFT risk assessments were not reviewed to evaluate whether they needed adjustment upon subsequent changes of the customers’ risk profiles. As a result, the assessment of the customers’ ML/TF risks was not up to date and therefore CDD and ongoing monitoring was…
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The Cyprus watchdog found that these unlicensed and offshore retail FX brokers falsely claim to have CySEC licenses. CySEC urges investors to consult its website, before conducting business with investment firms, in order to ascertain the entities which are licensed to provide investment services and/or investment activities. Read More: CySEC issues warnings against 16 websites…
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The regulator also noted that in these websites, the name and the Investment Firm BrokerCreditService (Cyprus) Limited (License No. 048/04), is used without its authorization. CySEC urges investors to consult its website, before conducting business with investment firms, in order to ascertain the entities which are licensed to provide investment services and/or investment activities. Read More:…
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CySEC urges investors to consult its website, before conducting business with investment firms, in order to ascertain the entities which are licensed to provide investment services and/or investment activities. Read More: CySEC issues warnings for websites fxpb, avexcapital and others Depaho Limited settles charges with CySEC with €270K fine CySEC issues warnings for websites classicfx24trade,…
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A subsidiary of Jefferies Financial Group, the FXCM group has a pan-European operation. Currently, the brokerage conducts its services in the European Union with its FCA licence. However, the validity of that licence inside Europe may be questionable in case of a no-deal Brexit. FXCM is still operating im Europe under its UK licence but…
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Tamas Szabo, Group CEO of Pepperstone, added: This year marks the 10th anniversary of Pepperstone and we are excited to celebrate it with the achievement of our new Cyprus license. Szabo added: It’s been a huge year for the business. We’ve launched a number of offices in multiple jurisdictions. This growth is testament to our…
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CySEC urges investors to consult its website, before conducting business with investment firms, in order to ascertain the entities which are licensed to provide investment services and/or investment activities. Read More: Depaho Limited settles charges with CySEC with €270K fine CySEC issues warnings for websites classicfx24trade, safeoptions24 and others CySEC issues warnings for websites elite-fxmarket.com,…
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Following CySEC investigation, the regulator discovered that the violations occurred between January 2018 and July 2019. CySEC revealed that that Depaho violated organisational requirement, as well as CIF authorization provisions, order execution requirements, principles and information of clients and had a conflict of interest. Read More: CySEC issues warnings for websites classicfx24trade, safeoptions24 and others…
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CySEC urges investors to consult its website, before conducting business with investment firms, in order to ascertain the entities which are licensed to provide investment services and/or investment activities. Read More: CySEC issues warnings for websites elite-fxmarket.com, bigliquidity.com and others CySEC fines Harvest Capital Management and others CySEC suspends Daweda Exchange’s CIF licence
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CySEC urges investors to consult its website, before conducting business with investment firms, in order to ascertain the entities which are licensed to provide investment services and/or investment activities. Read More: CySEC fines Harvest Capital Management and others CySEC suspends Daweda Exchange’s CIF licence
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