CySEC confirms withdrawal of ICF membership of four investment firms
CySEC today confirmed that four investment firms have had their membership in the Investors Compensation Fund (ICF) withdrawn.
CySEC today confirmed that four investment firms have had their membership in the Investors Compensation Fund (ICF) withdrawn.
The Cyprus Securities and Exchange Commission (CySEC) announces the withdrawal of the CIF license of FXBFI Broker Financial Invest.
FXBFI was also one of the CySEC-regulated brokers which were banned from taking UK clients by UK regulator FCA.
CySEC has imposed a fine of €150,000 on FXBFI Broker Financial Invest via a settlement with the investment firm.
FXBFI must not conduct any regulated activities with, or in respect of, any client who is resident in the United Kingdom.