CySEC withdraws license of UFX operator Reliantco Investments
The Cyprus Securities and Exchange Commission (CySEC) announces that it has decided to withdraw the Cyprus Investment Firm authorisation with Number 127/10 of Reliantco Investments Ltd (LEI 213800P1DOHVI3337X86).
The reason for the regulatory decision is that the company has not provided investment services or performed investment activity for the preceding six months.
According to CySEC’s website, Reliantco Investments operates via a set of websites, including: www.ufx.com; www.ufxaffiliates.com www.ufxpartners.com; http://ufx.company/.
In June 2020, the UK Financial Conduct Authority (FCA) banned Reliantco Investments Ltd.