Cyprus Investment Firm renounced its authorisation
CySec has issued an announcement to inform that on 18th February 2016, the CIF NKB Investments Ltd, which provided investment services via the domain www.nkb.com.cy, renounced its authorization pursuant to section 24(1)(b) of the Investment Services and Activities and Regulated Markets Law of 2007, as in force (the ‘Law’). Therefore, the authorization with Νumber 067/06 lapsed as from the abovementioned date.
CySec noted that, in accordance with section 25(4) of the Law, NKB Investments Ltd remains under the supervision of the Cyprus Securities and Exchange Commission until it settles its obligations arising from the investment services or/and activities that lapsed.
Source: CySec – Announcement 04-07-2016 regarding renouncement of CIF license of ΝBK Investment Ltd
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