Search Results for: SEC
CySEC announced settlement of 200.000 euro with a Cyprus Investment Firm
March 27th, 2019
The Cyprus Securities and Exchange Commission (CySEC) has issued today an announcement to inform that reached a settlement with a Cyprus Investment Firm for possible violations of The Investment Services and Activities and Regulated Markets Law of 2017 – ...
China promises companies ‘we will keep your secrets’
March 14th, 2019
China’s promise strengthens lukewarm drafting with a new foreign investment law due to be passed later this week. However, companies will have to wait as the updated foreign investment law is not due to come into effect until January ...
CySEC announced withdrawal of Cyprus Investment Firm authorisation
February 18th, 2019
The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement to inform that has decided to withdraw the authorisation Cyprus Investment Firm. In accordance the announcement, CySEC on its meeting of 11th February 2019, has decided, pursuant to section 8(1)(a) of ...
Bears return as European stocks see second-worst exit on record
February 15th, 2019
The region’s equity funds experienced their second-largest outflows on record in the week through Feb. 13, bleeding $5.9 billion, according to Bank of America Merrill Lynch’s note, which cited EPFR Global data. Investors continued fleeing developed-market equity funds, including ...
Cyprus Securities and Exchange Commission: Beware of fraudulent emails
February 1st, 2019
The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement to inform the public that emails are being sent by unidentified sources, illegally using the logo or the name of CySEC to seek payment of so-called outstanding sums ...
European shares climbed on Thursday; Tech sector led the way
January 24th, 2019
European shares climbed on Thursday as better-than-expected results from chipmaker STMicro delivered a boost to the tech sector, shaking the market out of a subdued mood caused by slowing global growth. The pan-European STOXX 600 gained 0.4 percent by ...
CySEC withdraw the license of a Cyprus online Forex provider
January 18th, 2019
The Cyprus Securities and Exchange Commission (‘CySEC’) has issued an announcement to inform investors and public that, on its meeting of 22nd October 2018, decided to wholly withdraw the Cyprus Investment Firm authorisation of PFX Financial Professionals Ltd (‘the ...
Weak euro lifts dollar, pound zooms on talk of second Brexit vote
January 18th, 2019
The U.S. dollar rose on Thursday against a euro dragged lower by soft economic data, while the pound took off on hopes of a second referendum on Britain’s membership in the European Union. Against the euro, the dollar strengthened ...
The European Securities and Markets Authority released advice on Crypto assets
January 9th, 2019
The European Securities and Markets Authority (ESMA) today publishes its Advice (Advice) to the European Union (EU) Institutions – Commission, Council and Parliament – on initial coin offerings and crypto-assets. The Advice clarifies the existing EU rules applicable to ...
Alert: CySEC warns for BDSwiss clone firms
January 9th, 2019
The Cyprus Securities and Exchange Commission (CySEC) has issued a warning to inform investors that the websites capitalswissfx.com and expertfxtrade.com, do not belong to an entity which has been granted an authorization for the provision of investment services and/or the ...