CySEC issues €95,000 administrative fine to UFX.com parent Reliantco Investments Ltd. LeapRate

December 20, 2017 BY Valentina Kirilova

CySEC issues €95,000 administrative fine to UFX.com parent Reliantco Investments Ltd.

The Cyprus Securities and Exchange Commission (CySEC) has announced that it has imposed an administrative financial penalty on Reliantco Investments Ltd., an investment firm which operates the UFX.com online Retail FX and CFDs brand. A sum of €95,000 has been imposed on the company for multiple compliance failings that breached the policies and procedures CySEC…

November 27, 2015 BY LeapRate Staff

CySEC settles with IronFX, imposes fines on FXGM, EZTrader, Interactive Option, UFX and others

Cypriot financial regulator CySEC has released the first round of its findings following comprehensive reviews of the operations of a number of CySEC-regulated brokers in both the Forex and Binary arenas. CySEC's initial review has resulted in fines for a number of brokers, ranging from €123,000 up to €340,000. In addition to the fines, CySEC…

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.

Tag: Reliantco Investments Ltd