CySec: Renouncement of CIF licence 

Cyprus Securities and exchange commission (cysec)

The Cyprus Securities and Exchange Commission (CySec) announced that, on 22nd August 2014, the CIF “Jiffix Markets Ltd“, which provided investment services via the domain www.jfx.com, 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 156/11 lapsed as from the above mentioned date.

The use of the domain www.jfx.com has been licensed to another CIF. It is noted that, in accordance with section 25(4) of the Law, Jiffix Markets 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

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