CySEC fined €30.000 a Cyprus Investment Firm 

Cyprus Securities and exchange commission (cysec)

The Board of the Cyprus Securities and Exchange Commission (‘the CySEC’) has issued today an announcement to inform the public that, at the meeting held on 20th November 2017, decided to impose an administrative fine of €30.000 to the CIF Hoch Capital Ltd (‘the Company’), for non-compliance with section 36(1)(a) of the Investment Services and Activities and Regulated Markets Law of 2007 and the Paragraph 6, Subparagraph (2) of the Directive DI 144-2007-02 of 2012 of the Securities and Exchange Commission for the Professional Competence of Investment Firms and the Natural Persons Employed by them.

Source: CySEC – Decision for imposition of an administrative fine

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