| Announcement Date: |
18 Jan. 2023 |
Board Decision Date: 09 May. 2022 |
| Regarding: |
Schwarzwald Capital Fund AIFLNP V.C.I.C. Limited (ex Verostar Fund AIFLNP V.C.I.C. Limited) |
| Legislation: |
The Cyprus Securities and Exchange Commission Law
|
| Subject: |
Total fine €500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
18 Jan. 2023 |
Board Decision Date: 28 Nov. 2022, 09 Jan. 2023 |
| Regarding: |
Crowd Tech Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law
|
| Subject: |
Influence exercised by Petros Zachariades to the sound and prudent management of the CIF Crowd Tech Ltd |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
23 Dec. 2022 |
Board Decision Date: 12 Dec. 2022 |
| Regarding: |
Target Wealth Opportunities Ltd |
| Legislation: |
The Alternative Investment Fund Managers Law
|
| Subject: |
Settlement €30.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
22 Dec. 2022 |
Board Decision Date: 19 Dec. 2022 |
| Regarding: |
FTX (EU) Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law
|
| Subject: |
Extension to the suspension of CIF licence |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
22 Dec. 2022 |
Board Decision Date: 19 Dec. 2022 |
| Regarding: |
Isxis Investment Public Ltd, Regallia Holdings & Investments Public Ltd, Aias Investment Public Ltd, Cyprus Trading Corporation Plc, Ermes Department Stores Plc and Woolworth (Cyprus) Properties Plc |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law
|
| Subject: |
Suspension of trading of shares |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Dec. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
Agroton Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €3.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Dec. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
Isxis Investment Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €6.750 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Dec. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
Regallia Holdings & Investments Publc Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €6.750 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Dec. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
Toxotis Investments Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €8.500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Dec. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
Harvest Capital Management Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €8.500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Dec. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
Karyes Investment Public Company Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €9.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Dec. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
MLK Foods Public Company Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €12.500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Dec. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
Ermes Department Stores Plc |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €13.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Dec. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
Triena Investments Public Company Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €13.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Dec. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
Woolworth (Cyprus) Properties Plc |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €13.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Dec. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
Cyprus Trading Corporation Plc |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €13.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Dec. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
KDM Shipping Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €13.500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Dec. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
Aias Investment Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €13.500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
20 Dec. 2022 |
Board Decision Date: 07 Nov. 2022 |
| Regarding: |
Constance Investment Limited |
| Legislation: |
The Cyprus Securities and Exchange Commission Law
|
| Subject: |
Fine €100 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
19 Dec. 2022 |
Board Decision Date: 28 Nov. 2022 |
| Regarding: |
Investment Compartment AmCap 1C-Re Greater London (AIFM65_3) of the AIF AMCAP AIF V.C.I.C. PLC (AIF65) |
| Legislation: |
The Alternative Investment Funds Law
|
| Subject: |
Withdrawal of an AIF Investment Compartment authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
16 Dec. 2022 |
Board Decision Date: 28 Nov. 2022 |
| Regarding: |
BCM Begin Capital Markets CY Ltd |
| Legislation: |
Τhe Investment Services and Activities and Regulated Markets Law |
| Subject: |
Settlement €100.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
16 Dec. 2022 |
Board Decision Date: 07 Nov. 2022 |
| Regarding: |
Fibo Group Holdings Limited |
| Legislation: |
The Cyprus Securities and Exchange Commission Law
|
| Subject: |
Fine €100 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
12 Dec. 2022 |
Board Decision Date: 05 Dec. 2022 |
| Regarding: |
Chris Joannou Public Ltd, Ch. Charilaou Group Plc and Harvest Capital Management Public Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Suspension of trading of shares |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Dec. 2022 |
Board Decision Date: 07 Nov. 2022 |
| Regarding: |
LOMONOSOV INVESTMENTS FUND AIFLNP V.C.I.C. LTD |
| Legislation: |
The Cyprus Securities and Exchange Commission Law |
| Subject: |
Fine €100 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Dec. 2022 |
Board Decision Date: 07 Nov. 2022 |
| Regarding: |
RAIF SCITUS CAPITAL HOLDINGS RAIF V.C.I.C. LTD (RAIF20) - Investment Compartment SCITUS CAPITAL HOLDINGS RAIF V.C.I.C. LTD – SCITUS PRIVATE EQUITY (RAIF20_1) |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of a RAIF Investment Compartment authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Dec. 2022 |
Board Decision Date: 07 Nov. 2022 |
| Regarding: |
RAIF REFALCO INVESTMENT FUNDS RAIF V.C.I.C. PLC (RAIF21) - Investment Compartment REFALCO CYPRUS INVESTMENT OPPORTUNITIES FUND CLASS A INVESTMENT SHARES (EUR) DISTRIBUTING (RAIF21_1) |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of a RAIF Investment Compartment authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Dec. 2022 |
Board Decision Date: 13 Dec. 2021 |
| Regarding: |
Tristone Healthcare Bond Designated Activity Company Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Dec. 2022 |
Board Decision Date: 13 Dec. 2021 |
| Regarding: |
Agroton Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €1.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Dec. 2022 |
Board Decision Date: 13 Dec. 2021 |
| Regarding: |
CPI Holdings Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €1.690 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Dec. 2022 |
Board Decision Date: 13 Dec. 2021 |
| Regarding: |
Isxis Investment Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €2.740 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Dec. 2022 |
Board Decision Date: 13 Dec. 2021 |
| Regarding: |
Regallia Holdings & Investments Publc Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €2.740 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Dec. 2022 |
Board Decision Date: 13 Dec. 2021 |
| Regarding: |
Karyes Investment Public Company Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €3.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Dec. 2022 |
Board Decision Date: 13 Dec. 2021 |
| Regarding: |
Rolandos Enterprises Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €3.075 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Dec. 2022 |
Board Decision Date: 13 Dec. 2021 |
| Regarding: |
Ermes Department Stores Plc |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €3.375 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Dec. 2022 |
Board Decision Date: 13 Dec. 2021 |
| Regarding: |
Woolworth (Cyprus) Properties Plc |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €3.375 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Dec. 2022 |
Board Decision Date: 13 Dec. 2021 |
| Regarding: |
Cyprus Trading Corporation Plc |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €3.375 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Dec. 2022 |
Board Decision Date: 13 Dec. 2021 |
| Regarding: |
Harvest Capital Management Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €3.525 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Dec. 2022 |
Board Decision Date: 13 Dec. 2021 |
| Regarding: |
Triena Investments Public Company Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €4.725 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Dec. 2022 |
Board Decision Date: 13 Dec. 2021 |
| Regarding: |
A.L. Prochoice Group Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €5.100 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Dec. 2022 |
Board Decision Date: 13 Dec. 2021 |
| Regarding: |
Aias Investment Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €5.100 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Dec. 2022 |
Board Decision Date: 13 Dec. 2021 |
| Regarding: |
KDM Shipping Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €5.475 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
01 Dec. 2022 |
Board Decision Date: 28 Nov. 2022 |
| Regarding: |
Τristone Healthcare Bond Designated Activity Company |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Suspension of trading of issuer bonds |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
29 Nov. 2022 |
Board Decision Date: 03 Oct. 2022 |
| Regarding: |
Novox Capital Ltd |
| Legislation: |
The Cyprus Securities and Exchange Commission Law |
| Subject: |
Fine €100 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
18 Nov. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
LOMONOSOV INVESTMENTS FUND AIFLNP V.C.I.C. LTD |
| Legislation: |
The Cyprus Securities and Exchange Commission Law |
| Subject: |
Fine €100 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
17 Nov. 2022 |
Board Decision Date: 03 Oct. 2022 |
| Regarding: |
Royal Forex Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law of 2017 |
| Subject: |
Settlement €120.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
15 Nov. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
Q.C.M. QUALITY CAPITAL MANAGEMENT LIMITED |
| Legislation: |
The Cyprus Securities and Exchange Commission Law |
| Subject: |
Fine €100 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
15 Nov. 2022 |
Board Decision Date: 07 Nov. 2022 |
| Regarding: |
G2FUND AIFLNP V.C.I.C. LIMITED |
| Legislation: |
The Cyprus Securities and Exchange Commission Law |
| Subject: |
Fine €100 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
11 Nov. 2022 |
Board Decision Date: 11 Nov. 2022 |
| Regarding: |
FTX (EU) Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Suspension of CIF licence |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
11 Nov. 2022 |
Board Decision Date: 03 Oct. 2022 |
| Regarding: |
Corinth Fund Management Ltd |
| Legislation: |
The Alternative Investment Fund Managers Law |
| Subject: |
Withdrawal of AIFM authorization |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
14 Oct. 2022 |
Board Decision Date: 19 Sep. 2022 |
| Regarding: |
General Capital Brokers (GCB) Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Settlement €120.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|