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CySEC withdraws CIF license of AMP Global

Maria Nikolova 0 Comments September 5, 2024

The Cyprus Securities and Exchange Commission (CySEC) today announced the withdrawal of the Cyprus investment firm (CIF) license of AMP Global Ltd.

The company has held its Cypriot license since June 2018.

CySEC explains that the decision for the license withdrawal was made at its meeting held on September 2, 2024. The withdrawal is 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.

The regulator notes that the withdrawal is due to AMP Global’s decision to expressly renounce its authorisation.

*The CySEC website shows that the firm’s license has been under examination for voluntary renunciation.*

Maria Nikolova

Maria has been engaged in journalism for more than 17 years, providing Forex industry coverage for the past 10 years. Before joining FNG she was Managing Editor at FinanceFeeds. Prior to that, she worked at LeapRate. Maria has a Philosophy degree from the St. Kliment Ochridski university in Sofia. She has specialized in Cognitive Science in Vienna. Her interests include psychology, AI, and linguistics.