A settlement has been reached with the CIF Finteractive Ltd («the Company») for possible violation of the Investment Services and Activities and Regulated Markets Law of 2017 («the Law»). More specifically, the investigation for which the settlement was reached, covers the period 1.8.2019 to 28.2.2021 and involved assessing the Company’s compliance with article 22(1) of the Law as to the authorisation condition laid down in article 17(2) of the Law, regarding the
organisational requirements with which a CIF is required to comply.
The settlement reached with the Company, for the possible violation, is for the amount of
€100.000.
The Company has paid the amount of €100.000.
