CySec announced an administrative fine to a Firm providing Administrative Services 


The Board of the Cyprus Securities Exchange Commission (‘CySEC’) would like to inform the public that, at the meeting held on August 3rd, 2015, decided to impose an administrative fine of €10.000 to Fellaco Services Ltd for violating section 5(1) of the Law Regulating Companies Providing Administrative Services and Related Matters of 2012, as in force.

Source: CySec – Decision Summary 09 24 2015 for the imposition of an administrative fine to Fellaco Services Ltd


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