Search Results for: Cyprus
CySec: renouncement of licence
August 5th, 2014
The Cyprus Securities and Exchange Commission (CySec), the Cypriot regulator, announced that, on 31st July 2014, the CIF “LQD Markets Ltd”, which provided investment services via the domain www.lqdmarkets.com, renounced its authorization pursuant to section 24(1)(b) of the Investment Services ...
EU regulation concerning restrictive measures in view of Russia’s actions
August 4th, 2014
The Cyprus Securities and Exchange Commission (CySec) informs the Cyprus Investment Firms, Management Companies, Administrative Services Companies and Regulated Markets (‘the Regulated Entities) about the publication in the Official Journal of the European Union, on July 31, 2014, of ...
CySec: Certifying Examinations application is now accepted
August 1st, 2014
The Cyprus Securities and Exchange Commission (CySEC) has announced that applications are now being accepted for the examinations leading to registration in the Public Register of Certified Persons employed by Cyprus Investment Firms, Credit Institutions, Management Companies and Investment ...
CySec: acquisition of Administrative Services Providers (ASP) licence
August 1st, 2014
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that “Company Express (Cyprus) Ltd” has successfully obtained the CySec licence to operate as Administrative Services Provider (ASP). The company is now authorised to operate ...
CySec: acquisition of Administrative Services Providers (ASP) licence
July 31st, 2014
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that “Asoted Services Limited” has successfully obtained the CySec licence to operate as Administrative Services Provider (ASP). The company is now authorised to operate legally ...
Record award for former Yukos investors after tribunal finds “political motivation” for Russia’s actions
July 31st, 2014
An arbitral tribunal sitting in The Hague has unanimously held that the Russian Federation breached its international obligations under the Energy Charter Treaty when it liquidated and part-nationalised the former Yukos Oil Company in 2007. The Permanent Court of ...
Cypriot government to impose immovable property tax
July 29th, 2014
All companies, organisations and individuals, either residing in Cyprus or abroad, who had immovable property registered in their name in Cyprus as of January 1, 2014, are subject to Immovable Property Tax, if the total value of their property ...
CySec: Withdraw of CIF authorisation
July 25th, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority, has issued an announcement that following previous announcements dated 21 February 2014 and 31 March 2014, on a meeting held on July 7, 2014 has decided to ...
MFIs Deposits and Loans Statistics
July 25th, 2014
The Central Bank of Cyprus releases today the MFIs deposits and loans statistics for the reference month of June 2014, which are included in the July 2014 edition of Monetary and Financial Statistics. Total deposits in June 2014 exhibited ...
FinCEN named FBME Bank Ltd as a foreign financial institution of primary money laundering
July 25th, 2014
On July 17 FinCEN issued a press release taking action to Protect U.S Financial System. On that date, FinCEN named FBME Bank, which transacts 90 percent of its global banking business through branches in Cyprus, as a foreign financial institution ...
