CySEC

The Cyprus Securities and Exchange Commission (CySEC) announced today (Friday) its decision to withdraw the Cyprus Investment Firm (CIF) license for Forextime Ltd (FXTM), effective 20 May 2024. This decision was taken during the CySEC…

The Cyprus Securities and Exchange Commission (CySEC) has made an announcement regarding the Investors Compensation Fund (ICF) and the withdrawal of membership status for Leverate Financial Services Ltd. Revoking CIF Authorization and ICF…

The Cyprus Securities and Exchange Commission (CySEC) carried out over 700 on-site and remote inspections of supervised entities in 2023 and issued over $2.2 million in fines. These thematic audits aimed to ensure compliance with…

In a regulatory decision, the Cyprus Securities and Exchange Commission (CySEC) has announced the withdrawal of Cyprus Investment Firm (CIF) authorization from Leverate Financial Services Ltd. The decision, made during CySEC's…

Andrey Dashin’s brokerage brand ForexTime (FXTM) has renounced its Cyprus Investment Firm (CIF) license and also “ceased all operations from 31st of December 2023” under the Cypriot entity. Dedicated Forex cloud solutions with stable…

The Cyprus Securities and Exchange Commission (CySEC) has taken enforcement action against BCM Begin Capital Markets again, this time settling for a monetary penalty of €50,000. The settlement was announced today (Thursday) for “possible…

The Cyprus Securities and Exchange Commission (CySEC) has reached a €150,000 settlement with Naga Markets Europe Ltd. for various regulatory violations between January 2021 and April 2022. The Cyprus-licensed company is part of the publicly…

With the continuing events in Israel dominating global news headlines, let's take a look at the biggest news stories from the worlds of forex, fintech, and crypto in our best-of-the-week segment. Dedicated Forex cloud solutions with…

The Cyprus Securities and Exchange Commission (CySEC) has taken decisive action against KMG Capital Markets Ltd, revoking the firm's license for managing Open-Ended Undertakings for Collective Investment in Transferable Securities (UCITS).…

26 Degrees Global Markets (previously Invast Global) has cemented its European presence by obtaining a broker license from the Cyprus Securities and Exchange Commission (CySEC), Finance Magnates learned exclusively. Dedicated Forex…