Cyprus Regulator Settles with Former FTX EU Entity Over Pre-Collapse Violations
Key Insights CySEC fined Trek Labs Europe (formerly FTX EU) €200,000 for possible violations committed before the crypto exchange’s collapse…
Royal Forex Ltd Gives Up Cyprus Investment License; CySEC Confirms Revocation
Key Insights CySEC has revoked the investment services license of Royal Forex Ltd following a February 24 commission meeting. The…
Cyprus Regulator Issues Guidance on Fractional Share Trading
Key Insights Cyprus Securities and Exchange Commission (CySEC) issues guidance on fractional share trading. Circular addresses trust arrangements for fractional…
Cyprus Regulator Fines IC Markets (EU) €50,000 for Regulatory Breaches
Key Insights CySEC fines IC Markets (EU) Ltd €50,000 for violating Cyprus’ investment services law. Violations include failure in best…
CySEC Fines Exelcius Prime Ltd €3,500 for Compliance Breaches
Key Insights CySEC fines Exelcius Prime Ltd €3,500 for violations related to anti-money laundering and terrorist financing regulations. The firm,…
CySEC Launches MiCA Consultation, Seeks Industry Input
Key Insights CySEC launches public consultation on fees and reporting requirements under EU’s MiCA, with responses due by July 17,…
CySEC Withdraws HYCM License Amid Management Buyout
Key Insights CySEC withdraws HYCM (Europe) Ltd’s Cyprus Investment Firm authorization following the company’s voluntary renunciation. HYCM is undergoing a…
CySEC Withdraws Forextime’s Investment Firm License
Key Insights CySEC has withdrawn the Cyprus Investment Firm authorization of Forextime Ltd. The withdrawal comes at the express request…
CySEC Withdraws Forex Broker AAA Trade’s Investment Firm License
Key Insights CySEC has announced the withdrawal of the CIF license of Forex broker AAA Trade The decision follows AAA…
CySEC Extends CIF License Suspension of FTX (EU) Ltd
Key Insights CySEC has extended the suspension of the authorization of the Cyprus Investment Firm FTX (EU) Ltd until September…