CySec witdraw the license suspension of a Cyprus Investment Firm
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform that, further to its Decision published on 31st March 2017, informs the public that, at its meeting dated 2 October 2017, decided to withdraw the suspension of the authorisation of the Cyprus Investment Firm Gametech (Cyprus) Ltd (“the Company”), number 291/16, pursuant to section 26(4)(a) of the investment Services and Activities and Regulated Markets Law of 2007, as in force (“the Law”), as it has been satisfied that the Company complied with the provisions of section 67 of the Law (Own funds) and with Article 92(1) of the European Regulation No. 575/2013 (Capital adequacy ratio).
Source: CySec – Withdrawal CIF License Suspension
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