CySEC announced the withdrawal of a Cyprus Investment Firm license 

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The Cyprus Securities and Exchange Commission (CySEC) has issued today an announcement to inform that, on its meeting of 9th December 2019, has decided to withdraw the authorisation of a Cyprus Investment Firm. 

In accordance the CySEC’s announcement, CySEC decided pursuant to section 8(1)(a) of the Investment Services and Activities and Regulated Markets Law of 2017 and section 4(7) of Directive DI87-05, to withdraw the Cyprus Investment Firm authorisation with Number 280/15 of NTFX Capital Ltd (‘the Company’), due to the Company’s decision to expressly renounce it.

Source: CySEC

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