Cyprus company providing Administrative Services waived its authorization
The Cyprus Securities and Exchange Commission (CySEC) announces that, on 21st December 2016, the Company Providing Administrative Services Olies Corporate Services Ltd (the ‘Company’), waived its authorization pursuant to section 16(1) of the Law Regulating Companies Providing Administrative Services and Related Matters of 2012, as in force (the ‘Law’).
Therefore, the authorization with Νumber 145/196 lapsed as from the aforementioned date and CySEC has permanently deleted Olies Corporate Services Ltd, from the Register.
It is noted that, in accordance with section 16(4) of the Law, the Company remains under the supervision of the CySEC until its compliance with any of its outstanding obligations.
Source: CySec – Announcement regarding of the authorisation license of Olies
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