The Cyprus Securities and Exchange Commission (CySEC) today announced the withdrawal of the Cyprus Investment Firm authorisation with Number 377/19 of ED&F MAN Capital Markets CEEMA Ltd.

The move, 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, reflects the company’s decision to expressly renounce its CIF license.

The Cypriot regulator today also announced the withdrawal of the CIF license of RMG Holding. And last week, CySEC said it had withdrawn the CIF authorization of Hoch Capital Ltd. Hoch Capital operates Forex and CFD brands like itrader.com and tradeATF.com. Both withdrawals were also due to the companies’ decisions to expressly renounce them.

At the moment of the publication of this article, only one of the approved domains of ED&F MAN Capital Markets CEEMA Ltd was active. The domain dedicated to the Cypriot operations of the company was not accessible.