Not complied with paragraph 9(1) of CySEC Directive DI144-2007-01 of 2012 for the Authorisation and Operating Conditions of CIF's

The Board of the Cyprus Securities and Exchange Commission (CySEC) has just informed the public that, at its meeting held on 20th November 2017, decided to ...

Pursuant to section 206 and 206A of the Act a financial penalty

For breaching Principle 6.

For behaviour amounting to market abuse in breach of section 118(2) of the act

For failing to take reasonable care to organise and control its affairs responsibly and effectively with adequate risk management systems in relation to G10 ...

For failing to ensure financial promotions for CSI’s Cliquet Product were clear, fair and not misleading.

For engaging in market abuse to create a false or misleading impression in order to achieve profit.

For serious failings relating to its Chief Investment Office’s "London Whale" trades.

For client asset failings.