The Cyprus Securities and Exchange Commission withdraw the authorisation of four Funds
The Cyprus Securities and Exchange Commission (CySEC) has issued announcements to inform that at its meeting of 22 July 2019, has decided, pursuant to article 133(1)(f) of the Alternative Investment Funds Law, to withdraw the AIFLNP authorisation of four companies.
The companies are:
- Planetvision Investment Fund Ltd, with number LPAIF105/2014
- Kylinprime Investment Fund Ltd, with number LPAIF77/2014
- WS Cryptocapital Fund Ltd, with number LPAIF113/2014
- Taurus Aurum Global Property Fund Ltd, with number LPAIF82/2014
CySEC decided the withdrawal of the AIFLNP authorisations as the Companies have expressly renounced their authorisation.
Further to the above, the Companies are dissolved and put into liquidation in accordance with the provisions of article 132 of the of the Alternative Investment Funds Law.