CySec announced Renouncement of license of a Cyprus Investment Firm
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that on 22nd February 2016, the CIF Plasma Enterprises Ltd, which provided investment services via the domain www.plasma.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 040/04 lapsed as from the above mentioned date.
It is noted that, in accordance with section 25(4) of the Law, Plasma Enterprises 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 03-02-2016 regarding renouncement of CIF license of Plasma Enterprises Ltd
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