| Announcement Date: |
23 Jan. 2020 |
Board Decision Date: 13 Jan. 2020 |
| Regarding: |
Ellinas Finance Public Company Limited |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit to takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
22 Jan. 2020 |
Board Decision Date: 13 Jan. 2020 |
| Regarding: |
Stocks Forex AF Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Suspension of CIF license |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
14 Jan. 2020 |
Board Decision Date: 07 Oct. 2019 |
| Regarding: |
PFX Financial Professionals Ltd |
| Legislation: |
The Investor Compensation Fund Directive |
| Subject: |
Initiation of the compensation payment process by the Investor Compensation Fund for Clients of IFs (I.C.F) |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
13 Jan. 2020 |
Board Decision Date: 16 Sep. 2019 |
| Regarding: |
Solid Financial Services Limited |
| Legislation: |
The Cyprus Securities and Exchange Commission Law of 2009, EMIR Regulation (EU) no. 648/2012 |
| Subject: |
Total fine €10.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
09 Jan. 2020 |
Board Decision Date: 09 Dec. 2019 |
| Regarding: |
Aias Investment Public Ltd, Jupiter Portfolio Investments Public Company Ltd, Cyprus Trading Corporation Plc, Dodoni Portfolio Investments Public Company Ltd, Elma Holdings Public Company Ltd, Ermes Department Stores Plc, Woolworth (Cyprus) Properties Plc, Isxis Investment Public Ltd, Harvest Capital Management Public Ltd, Liberty Life Insurance Public Company Ltd, A.L. Prochoice Group Public Ltd and Regallia Holdings & Investments 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: |
23 Dec. 2019 |
Board Decision Date: 16 Dec. 2019 |
| Regarding: |
Management Company KMG Capital Markets Ltd |
| Legislation: |
The Open-Ended Undertakings for Collective Investment Law |
| Subject: |
Withdrawal of Management Company license |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
23 Dec. 2019 |
Board Decision Date: 23 Dec. 2019 |
| Regarding: |
DAWEDA EXCHANGE LIMITED |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Suspension of CIF license |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
20 Dec. 2019 |
Board Decision Date: 16 Dec. 2019 |
| Regarding: |
Invalt Variable Capital Investment Company Ltd |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of AIFLNP authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
20 Dec. 2019 |
Board Decision Date: 09 Dec. 2019 |
| Regarding: |
NTFX Capital Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
20 Dec. 2019 |
Board Decision Date: 09 Dec. 2019 |
| Regarding: |
Amathus Public Limited |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit to takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
17 Dec. 2019 |
Board Decision Date: 09 Dec. 2019 |
| Regarding: |
Ch. Charilaou Group Plc |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Extension for the acquisition of shares following the granting of an exception to submit a mandatory takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
17 Dec. 2019 |
Board Decision Date: 09 Dec. 2019 |
| Regarding: |
P.C.M. Advisers Limited |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
13 Dec. 2019 |
Board Decision Date: 09 Dec. 2019 |
| Regarding: |
VC Larix AIFLNP LP |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of AIFLNP authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
10 Dec. 2019 |
Board Decision Date: 25 Nov. 2019 |
| Regarding: |
Louis Plc |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit to takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
25 Nov. 2019 |
Board Decision Date: 22 Nov. 2019 |
| Regarding: |
ITS Interactive Trust Services Cyprus Ltd (ex. Lewben Cyprus Limited) |
| Legislation: |
The Regulating Companies Providing Administrative Services and Related Matters Law |
| Subject: |
Suspension of ASP licence |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
25 Nov. 2019 |
Board Decision Date: 18 Nov. 2019 |
| Regarding: |
Lykke Cyprus Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
22 Nov. 2019 |
Board Decision Date: 18 Nov. 2019 |
| Regarding: |
UCP Asset Management Limited |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Nov. 2019 |
Board Decision Date: 08 Nov. 2019 |
| Regarding: |
AMFF Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
19 Nov. 2019 |
Board Decision Date: 18 Nov. 2019 |
| Regarding: |
Centralspot Trading Limited |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Recall of suspension of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
14 Nov. 2019 |
Board Decision Date: 08 Nov. 2019 |
| Regarding: |
Fidelisco Capital Markets Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
08 Nov. 2019 |
Board Decision Date: 07 Nov. 2019 |
| Regarding: |
Centralspot Trading 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: |
05 Nov. 2019 |
Board Decision Date: 27 May. 2019 |
| Regarding: |
Blaustein Corporate Services Ltd |
| Legislation: |
Law Regulating Companies Providing Administrative Services and Related Matters |
| Subject: |
Withdrawal of an ASP authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
04 Nov. 2019 |
Board Decision Date: 07 Oct. 2019 |
| Regarding: |
IGM Forex Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Recall of suspension of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
03 Oct. 2019 |
Board Decision Date: 22 Jul. 2019 |
| Regarding: |
Ch. Charilaou Group Plc, Karyes Investment Public Company Ltd and Agroton Public Ltd |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fines |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
30 Sep. 2019 |
Board Decision Date: 09 Sep. 2019 |
| Regarding: |
AGENTRISK EUROPE LIMITED |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
27 Sep. 2019 |
Board Decision Date: 09 Sep. 2019 |
| Regarding: |
FXNET Ltd |
| Legislation: |
Ο περί Επενδυτικών Υπηρεσιών και Δραστηριοτήτων και Ρυθμιζόμενων Αγορών Νόμος |
| Subject: |
Συμβιβασμός €60.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
24 Sep. 2019 |
Board Decision Date: 24 Sep. 2019 |
| Regarding: |
MPS Marketplace Securities 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: |
23 Sep. 2019 |
Board Decision Date: 16 Sep. 2019 |
| Regarding: |
Argo Capital Management (Cyprus) Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
20 Sep. 2019 |
Board Decision Date: 09 Sep. 2019 |
| Regarding: |
LT Hamilton Limited |
| Legislation: |
Law Regulating Companies Providing Administrative Services and Related Matters |
| Subject: |
Suspension and commencement of proceedings for the possible withdrawal of an ASP authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
19 Sep. 2019 |
Board Decision Date: 09 Sep. 2019 |
| Regarding: |
Quantelion Fund Ltd |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of AIFLNP authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
19 Sep. 2019 |
Board Decision Date: 09 Sep. 2019 |
| Regarding: |
MESSINA FUND VCIC LTD |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of AIFLNP authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
17 Sep. 2019 |
Board Decision Date: 09 Sep. 2019 |
| Regarding: |
Postscriptum Capital Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
04 Sep. 2019 |
Board Decision Date: 23 Aug. 2019 |
| Regarding: |
Horizon Investment Fund Ltd |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of AIFLNP authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
28 Aug. 2019 |
Board Decision Date: 06 Aug. 2019 |
| Regarding: |
KIT Finance Brokers Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
28 Aug. 2019 |
Board Decision Date: 23 Aug. 2019 |
| Regarding: |
Cosmos Insurance Public Company Limited |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit to takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
20 Aug. 2019 |
Board Decision Date: 06 Aug. 2019 |
| Regarding: |
Louis Plc |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit a takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
14 Aug. 2019 |
Board Decision Date: 18 Mar. 2019 |
| Regarding: |
Banc De Binary Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law, DI 144-2007-01, DI 144-2007-02 |
| Subject: |
Settlement €300.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
08 Aug. 2019 |
Board Decision Date: 06 Aug. 2019 |
| Regarding: |
IOKE Capital Fund Ltd |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of AIFLNP authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
08 Aug. 2019 |
Board Decision Date: 06 Aug. 2019 |
| Regarding: |
Kylin Prime Asset Management |
| Legislation: |
The Alternative Investment Fund Managers Law |
| Subject: |
Withdrawal of AIFM authorization |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
07 Aug. 2019 |
Board Decision Date: 22 Jul. 2019 |
| Regarding: |
S.L. Capital Services Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
07 Aug. 2019 |
Board Decision Date: 24 Jun. 2019 |
| Regarding: |
Spot Capital Markets Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
07 Aug. 2019 |
Board Decision Date: 22 Jul. 2019 |
| Regarding: |
DFG Capital (Cyprus) Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
07 Aug. 2019 |
Board Decision Date: 29 Jul. 2019 |
| Regarding: |
Globesco Capital Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
07 Aug. 2019 |
Board Decision Date: 22 Jul. 2019 |
| Regarding: |
Planetvision Investment Fund Ltd |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal AIFLNP authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
07 Aug. 2019 |
Board Decision Date: 22 Jul. 2019 |
| Regarding: |
Kylinprime Investment Fund Ltd |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal AIFLNP authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
07 Aug. 2019 |
Board Decision Date: 22 Jul. 2019 |
| Regarding: |
WS Cryptocapital Fund Ltd |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal AIFLNP authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
07 Aug. 2019 |
Board Decision Date: 22 Jul. 2019 |
| Regarding: |
Taurus Aurum Global Property Fund Ltd |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal AIFLNP authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
06 Aug. 2019 |
Board Decision Date: 22 Jul. 2019 |
| Regarding: |
ΚEO PLC |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit to takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
06 Aug. 2019 |
Board Decision Date: 22 Jul. 2019 |
| Regarding: |
Ch. Charilaou Group Plc |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit to takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
01 Aug. 2019 |
Board Decision Date: 24 Jun. 2019 |
| Regarding: |
Bluehouse Investment Advisors Ltd |
| Legislation: |
The Alternative Investment Fund Managers Law |
| Subject: |
Re-examination |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
19 Jul. 2019 |
Board Decision Date: 19 Jul. 2019 |
| Regarding: |
AFX Capital Markets 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: |
04 Jun. 2019 |
Board Decision Date: 27 May. 2019 |
| Regarding: |
Dobro Cyprus Capital Fund Limited |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of license AIFLNP |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
31 May. 2019 |
Board Decision Date: 27 May. 2019 |
| Regarding: |
Pandora Investments Public Ltd |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Extension for the acquisition of shares following the granting of an exception to submit a mandatory takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
31 May. 2019 |
Board Decision Date: 27 May. 2019 |
| Regarding: |
Leptos Calypso Hotels Public Ltd |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Extension for the acquisition of shares following the granting of an exception to submit a mandatory takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
28 May. 2019 |
Board Decision Date: 04 Mar. 2019 |
| Regarding: |
SeaBird Exploration Plc |
| 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: |
28 May. 2019 |
Board Decision Date: 04 Mar. 2019 |
| Regarding: |
CPI Holdings 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: |
28 May. 2019 |
Board Decision Date: 04 Mar. 2019 |
| Regarding: |
A.L Prochoice Group 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: |
28 May. 2019 |
Board Decision Date: 04 Mar. 2019 |
| Regarding: |
Regallia Holdings & Investments Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €1.500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
28 May. 2019 |
Board Decision Date: 04 Mar. 2019 |
| Regarding: |
Ch. Charilaou Group Plc |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €1.500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
28 May. 2019 |
Board Decision Date: 04 Mar. 2019 |
| Regarding: |
Rolandos Enterprises 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 May. 2019 |
Board Decision Date: 15 Apr. 2019 |
| Regarding: |
IQ Option Europe Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law, The Prevention and Suppression of Money Laundering Activities Law |
| Subject: |
Settlement €450.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
03 May. 2019 |
Board Decision Date: 02 Apr. 2019 |
| Regarding: |
Goldenburg Group Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law of 2007, Directive DI 144-2007-02 of 2012 |
| Subject: |
Fine €170.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
23 Apr. 2019 |
Board Decision Date: 18 Feb. 2019 |
| Regarding: |
Bluehouse Investment Advisors Ltd |
| Legislation: |
The Alternative Investment Fund Managers Law |
| Subject: |
Fine €30.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
03 Apr. 2019 |
Board Decision Date: 18 Feb. 2019 |
| Regarding: |
AFI Development Plc |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit to takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
27 Mar. 2019 |
Board Decision Date: 04 Mar. 2019 |
| Regarding: |
Hoch Capital Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Settlement €200.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Mar. 2019 |
Board Decision Date: 04 Mar. 2019 |
| Regarding: |
Atlas Capital Financial Services Ltd |
| Legislation: |
The Investor Compensation Fund Directive |
| Subject: |
Initiation of the compensation payment process by the Investor Compensation Fund for Clients of IFs (I.C.F) |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
14 Mar. 2019 |
Board Decision Date: 04 Mar. 2019 |
| Regarding: |
DFG Meze Model Ltd |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of license |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
14 Mar. 2019 |
Board Decision Date: 04 Mar. 2019 |
| Regarding: |
ColmexPro Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Settlement €50.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
08 Mar. 2019 |
Board Decision Date: 04 Mar. 2019 |
| Regarding: |
GS Sharestocks Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
14 Feb. 2019 |
Board Decision Date: 28 Jan. 2019 |
| Regarding: |
Fenix Capital Markets Trading Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Recall of suspension of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
14 Feb. 2019 |
Board Decision Date: 11 Feb. 2019 |
| Regarding: |
Centaur Financial Services Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
17 Jan. 2019 |
Board Decision Date: 22 Oct. 2018 |
| Regarding: |
PFX Financial Professionals Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF licence |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
15 Jan. 2019 |
Board Decision Date: 07 Jan. 2019 |
| Regarding: |
Cosmos Insurance Public Company Limited (in Greek) |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit to takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Dec. 2018 |
Board Decision Date: 10 Dec. 2018 |
| Regarding: |
Closegate Investment Ltd |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of license |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
10 Dec. 2018 |
Board Decision Date: 10 Sep. 2018 |
| Regarding: |
Mr. Christakis Christodoulou (Director) |
| Legislation: |
The Insider Dealing and Market Manipulation (Market Abuse) Law |
| Subject: |
Total fine €5.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
10 Dec. 2018 |
Board Decision Date: 10 Sep. 2018 |
| Regarding: |
Cyprint Plc |
| Legislation: |
The Insider Dealing and Market Manipulation (Market Abuse) Law |
| Subject: |
Total fine €10.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
26 Nov. 2018 |
Board Decision Date: |
| Regarding: |
Ch. Charilaou Group Plc (in Greek) |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Extension for the disposal of shares following the granting of an exception to submit a mandatory takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
23 Nov. 2018 |
Board Decision Date: 23 Nov. 2018 |
| Regarding: |
GIF Capital Ltd |
| Legislation: |
The Regulating Companies Providing Administrative Services and Related Matters Law |
| Subject: |
Suspension of ASP licence |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
20 Nov. 2018 |
Board Decision Date: 20 Nov. 2018 |
| Regarding: |
PCM Advisers 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: |
14 Nov. 2018 |
Board Decision Date: 05 Nov. 2018 |
| Regarding: |
Qino Management Advisory Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
14 Nov. 2018 |
Board Decision Date: 14 Nov. 2018 |
| Regarding: |
Fenix Capital Markets Trading 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: |
01 Nov. 2018 |
Board Decision Date: 29 Oct. 2018 |
| Regarding: |
Capital Index (Cyprus) Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF license |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
25 Oct. 2018 |
Board Decision Date: 22 Oct. 2018 |
| Regarding: |
Etalon Group Plc |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit a takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
22 Oct. 2018 |
Board Decision Date: 15 Oct. 2018 |
| Regarding: |
HMS Hydraulic Machines & Systems Group Plc (in Greek) |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit to takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
19 Oct. 2018 |
Board Decision Date: 03 Sep. 2018 |
| Regarding: |
Mrs Milena Valentinova Christofide |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Fine €10.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
18 Oct. 2018 |
Board Decision Date: 02 Oct. 2018 |
| Regarding: |
Jupiter Portfolio Investments Public Company Ltd (in Greek) |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit a takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
18 Oct. 2018 |
Board Decision Date: 02 Oct. 2018 |
| Regarding: |
A. Tsokkos Hotels Public Ltd (in Greek) |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit a takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
03 Oct. 2018 |
Board Decision Date: 03 Sep. 2018 |
| Regarding: |
Mr Christo Filaktou (Director of Orphanides Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Re-examination |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
28 Sep. 2018 |
Board Decision Date: 17 Sep. 2018 |
| Regarding: |
AFX Capital Markets Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Settlement €50.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
13 Sep. 2018 |
Board Decision Date: 03 Mar. 2018 |
| Regarding: |
Ouroboros Derivatives Trading Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
13 Sep. 2018 |
Board Decision Date: 10 Sep. 2018 |
| Regarding: |
Gobaba FX Cy Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
04 Sep. 2018 |
Board Decision Date: 02 Jul. 2018 |
| Regarding: |
LQD Markets Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Fine €50.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
08 Aug. 2018 |
Board Decision Date: 23 Jul. 2018 |
| Regarding: |
Coverdeal Holdings Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Settlement €250.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Aug. 2018 |
Board Decision Date: 11 Jun. 2018 |
| Regarding: |
Instant Trading EU Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law, Directive DI144-2007-02 of 2012 |
| Subject: |
Total Fine €130.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
25 Jul. 2018 |
Board Decision Date: 13 Nov. 2017 |
| Regarding: |
Mr. Ioannis Vardinoyiannis (in Greek) |
| Legislation: |
1. The Insider Dealing and Market Manipulation (Market Abuse) Law (L.116(I)/2005).
2. The Cyprus Securities and Exchange Commission Law (L.73(Ι)/2009). |
| Subject: |
Imposition of administrative fines |
| Judicial Review: |
YES
(03 Oct. 2018)
NO
|
Judicial Review Ruling:
YES
YES
|
|
|
| Announcement Date: |
25 Jul. 2018 |
Board Decision Date: 13 Nov. 2017 |
| Regarding: |
Mrs Amalia Vardinoyiannis (in Greek) |
| Legislation: |
1. The Insider Dealing and Market Manipulation (Market Abuse) Law (L.116(I)/2005).
2. The Cyprus Securities and Exchange Commission Law (L.73(Ι)/2009).
|
| Subject: |
Imposition of administrative fines |
| Judicial Review: |
YES
(03 Oct. 2018)
NO
|
Judicial Review Ruling:
YES
YES
|
|
|
| Announcement Date: |
25 Jul. 2018 |
Board Decision Date: 13 Nov. 2017 |
| Regarding: |
Mr. Christodoulos Ellinas (in Greek) |
| Legislation: |
1. The Insider Dealing and Market Manipulation (Market Abuse) Law (L.116(I)/2005).
2. The Cyprus Securities and Exchange Commission Law (L.73(Ι)/2009). |
| Subject: |
Imposition of administrative fines |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
25 Jul. 2018 |
Board Decision Date: 13 Nov. 2017 |
| Regarding: |
Mr. Philippos Larkos (in Greek) |
| Legislation: |
1. The Insider Dealing and Market Manipulation (Market Abuse) Law (L.116(I)/2005).
2. The Cyprus Securities and Exchange Commission Law (L.73(Ι)/2009). |
| Subject: |
Imposition of administrative fines |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
20 Jul. 2018 |
Board Decision Date: 20 Jul. 2018 |
| Regarding: |
IGM FOREX 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: |
03 Jul. 2018 |
Board Decision Date: 25 Jun. 2018 |
| Regarding: |
B.O. Tradefinancials Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF licence |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
29 Jun. 2018 |
Board Decision Date: 25 Jun. 2018 |
| Regarding: |
Blackwell Global Investments (Cyprus) Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF licence |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
27 Jun. 2018 |
Board Decision Date: 05 Mar. 2018 |
| Regarding: |
Karkotis Manufacturing & Trading Public Ltd |
| Legislation: |
The Cyprus Securities and Cyprus Stock Exchange Law |
| Subject: |
Fine €50.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
27 Jun. 2018 |
Board Decision Date: 04 Jun. 2018 |
| Regarding: |
Agroton Public Ltd |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €2.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
27 Jun. 2018 |
Board Decision Date: 04 Jun. 2018 |
| Regarding: |
SFS Group Public Ltd |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €4.400 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
27 Jun. 2018 |
Board Decision Date: 04 Dec. 2017 |
| Regarding: |
Iron FX Global Ltd (τώρα Notesco Financial Services Ltd) |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Fine €2.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Jun. 2018 |
Board Decision Date: 04 Jun. 2018 |
| Regarding: |
Investment Compartment Deltamax European Property Fund and Investment Compartment Deltamax Value Fund, of the AIF Deltamax Fund Variable Capital Investment Company Limited |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of Investment Compartments license |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
20 Jun. 2018 |
Board Decision Date: 30 Apr. 2018 |
| Regarding: |
Management Company Ankor Capital Ltd |
| Legislation: |
The Open-Ended Undertakings for Collective Investment Law |
| Subject: |
Withdrawal of Management Company license |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
20 Jun. 2018 |
Board Decision Date: 30 Apr. 2018 |
| Regarding: |
UCITS ACY Global Prosperity Umbrella Fund UCITS Variable Capital Investment Company Ltd |
| Legislation: |
The Open-Ended Undertakings for Collective Investment Law |
| Subject: |
Withdrawal of UCITS license |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
19 Jun. 2018 |
Board Decision Date: 04 Jun. 2018 |
| Regarding: |
Mr Marios Antoniades (Director of Orphanides Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Re-examination |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
25 May. 2018 |
Board Decision Date: 23 Apr. 2018 |
| Regarding: |
Standville Limited |
| Legislation: |
Law Regulating Companies Providing Administrative Services and Related Matters, Directive DI 144-2007-08 |
| Subject: |
Withdrawal of an ASP authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 May. 2018 |
Board Decision Date: 07 May. 2018 |
| Regarding: |
Leptos Calypso Hotels Public Ltd (available in Greek language) |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Extension for the acquisition of shares following the granting of an exception to submit a mandatory takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 May. 2018 |
Board Decision Date: 07 May. 2018 |
| Regarding: |
Pandora Investments Public Ltd (available in Greek language) |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Extension for the acquisition of shares following the granting of an exception to submit a mandatory takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
10 May. 2018 |
Board Decision Date: 23 Apr. 2018 |
| Regarding: |
Cosmos Insurance Company Public Ltd |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit to takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
08 May. 2018 |
Board Decision Date: 30 Apr. 2018 |
| Regarding: |
Ingard Property Bond Designated Activity Company, Pierides Holdings Plc |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Suspension of trading of issuer shares |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
27 Apr. 2018 |
Board Decision Date: 20 Nov. 2017 |
| Regarding: |
Mr. Amr Jamal Mohamed Hendawi (CommexFX Ltd) |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Re-examination |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
26 Apr. 2018 |
Board Decision Date: 26 Mar. 2017 |
| Regarding: |
Salamis Tours (Holdings) Public Limited |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Administrative measure |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
12 Apr. 2018 |
Board Decision Date: 25 Sep. 2017 |
| Regarding: |
Louis Plc |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine € 2.800 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
12 Apr. 2018 |
Board Decision Date: 25 Sep. 2017 |
| Regarding: |
KDM Shipping Public Limited |
| 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: |
12 Apr. 2018 |
Board Decision Date: 25 Sep. 2017 |
| Regarding: |
Agroton Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine € 1.500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
12 Apr. 2018 |
Board Decision Date: 11 Dec. 2017 |
| Regarding: |
Renos Hatzioannou Farm Public Company Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total Fine € 6.250 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
12 Apr. 2018 |
Board Decision Date: 11 Dec. 2017 |
| Regarding: |
Modestou Sound & Vision Public Company Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total Fine € 6.250 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
12 Apr. 2018 |
Board Decision Date: 11 Dec. 2017 |
| Regarding: |
Karyes Investment Public Company Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine € 3.500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
12 Apr. 2018 |
Board Decision Date: 11 Dec. 2017 |
| Regarding: |
KDM Shipping Public Limited |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine € 2.500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
05 Apr. 2018 |
Board Decision Date: 08 Jan. 2018 |
| Regarding: |
Mr. Simos Kiriakides (Director of Orphanides Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Violation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
05 Apr. 2018 |
Board Decision Date: 08 Jan. 2018 |
| Regarding: |
Mrs Eve Makariou (CFO of Orphanides Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €30.000 |
| Judicial Review: |
YES
(15 Jun. 2018)
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
05 Apr. 2018 |
Board Decision Date: 08 Jan. 2018 |
| Regarding: |
Mr. Polis Kourousides (Director of Orphanides Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €20.000 |
| Judicial Review: |
YES
(19 Jun. 2018)
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
05 Apr. 2018 |
Board Decision Date: 08 Jan. 2018 |
| Regarding: |
Mr. Christos Filaktou (Director of Orphanides Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €20.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
05 Apr. 2018 |
Board Decision Date: 08 Jan. 2018 |
| Regarding: |
Mr. Giorgos Hadjimichael (Director of Orphanides Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €20.000 |
| Judicial Review: |
YES
(15 Jun. 2018)
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
05 Apr. 2018 |
Board Decision Date: 08 Jan. 2018 |
| Regarding: |
Mr. Marios Antoniades (Director of Orphanides Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €40.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
05 Apr. 2018 |
Board Decision Date: 08 Jan. 2018 |
| Regarding: |
Mr. Christos Orphanides (Director of Orphanides Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €120.000 |
| Judicial Review: |
YES
(02 May. 2018)
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
05 Apr. 2018 |
Board Decision Date: 08 Jan. 2018 |
| Regarding: |
Orphanides Public Company Ltd |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law, The Insider Dealing and Market Manipulation (Market Abuse) Law |
| Subject: |
Violation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
04 Apr. 2018 |
Board Decision Date: 08 Jan. 2018 |
| Regarding: |
LeadCapital Markets Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Fine €30.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
30 Mar. 2018 |
Board Decision Date: 26 Mar. 2018 |
| Regarding: |
Renos Hadjioannou Farm Public Company Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets |
| Subject: |
Suspension of trading of issuer shares |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
27 Mar. 2018 |
Board Decision Date: 12 Mar. 2018 |
| Regarding: |
Petrolina (Holdings) Public Ltd |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit to takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
12 Mar. 2018 |
Board Decision Date: 15 Jan. 2018 |
| Regarding: |
Standville Limited |
| Legislation: |
Law Regulating Companies Providing Administrative Services and Related Matters, Directive DI144-2007-08 |
| Subject: |
Suspension and commencement of proceedings for the possible withdrawal of an ASP authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
09 Mar. 2018 |
Board Decision Date: 05 Mar. 2018 |
| Regarding: |
Songa Offshore SE |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit a takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
22 Feb. 2018 |
Board Decision Date: 12 Feb. 2018 |
| Regarding: |
Boursotrade Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of suspension of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
20 Feb. 2018 |
Board Decision Date: 13 Nov. 2017 |
| Regarding: |
ICFD Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law, Directive DI 144-2007-01 of 2012, Directive DI 144-2007-02 of 2012 |
| Subject: |
Fine €138.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
09 Feb. 2018 |
Board Decision Date: 20 Nov. 2017 |
| Regarding: |
Chesterfield Corporate Services Ltd |
| Legislation: |
The Prevention and Suppression of Money Laundering and Terrorist Financing Law, Directive DI 144-2007-08 of 2012 |
| Subject: |
Fine €20.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
06 Feb. 2018 |
Board Decision Date: 20 Nov. 2017 |
| Regarding: |
Hoch Capital Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law, Directive DI 144-2007-02 of 2012 |
| Subject: |
Fine €30.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
05 Feb. 2018 |
Board Decision Date: 25 Sep. 2017 |
| Regarding: |
Best Choice FBC Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF licence |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
22 Jan. 2018 |
Board Decision Date: 20 Nov. 2017 |
| Regarding: |
Spot Capital Markets Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law, Directive DI 144-2007-02 of 2012 |
| Subject: |
Fine €50.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
10 Jan. 2018 |
Board Decision Date: 13 Nov. 2017 |
| Regarding: |
Mr. Pavel Krymov (Shareholder of Skopalino Finance Ltd) |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Fine €10.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
20 Dec. 2017 |
Board Decision Date: 23 Oct. 2017 |
| Regarding: |
Reliantco Investments Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law, DI144-2007-01 of 2012, DI144-2007-02 of 2012 |
| Subject: |
Fine €95.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
18 Dec. 2017 |
Board Decision Date: 11 Dec. 2017 |
| Regarding: |
Modestou Sound & Vision Public Company Ltd, Renos Xatzioannou Farm Public Ltd (in Greek) |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Suspension of trading of issuer shares |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
15 Dec. 2017 |
Board Decision Date: 13 Nov. 2017 |
| Regarding: |
Centralspot Trading Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law, DI144-2007-01 of 2012, DI144-2007-02 of 2012 |
| Subject: |
Fine €50.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
07 Dec. 2017 |
Board Decision Date: 25 Sep. 2017 |
| Regarding: |
Asoted Services Ltd |
| Legislation: |
The Prevention and Suppression of Money Laundering and Terrorist Financing Law, Directive DI 144-2007-08 of 2012 |
| Subject: |
Fine €16.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
07 Dec. 2017 |
Board Decision Date: 04 Dec. 2017 |
| Regarding: |
Ch. Charilaou Group Plc (in Greek) |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Extension for the disposal of shares following the granting of an exception to submit a mandatory takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
01 Dec. 2017 |
Board Decision Date: 18 Sep. 2017 |
| Regarding: |
Bank of Cyprus Public Company Ltd |
| Legislation: |
Τhe Insider Dealing and Market Manipulation (Market Abuse) Law, the Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine € 15.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
01 Dec. 2017 |
Board Decision Date: 18 Sep. 2017 |
| Regarding: |
Mr. Theodoros Aristodemou (Director Bank of Cyprus Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine € 100.000 |
| Judicial Review: |
YES
(08 Feb. 2018)
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
01 Dec. 2017 |
Board Decision Date: 18 Sep. 2017 |
| Regarding: |
Mr. Andreas Eliades (Director Bank of Cyprus Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine € 100.000 |
| Judicial Review: |
YES
(05 Feb. 2018)
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
01 Dec. 2017 |
Board Decision Date: 18 Sep. 2017 |
| Regarding: |
Mr. Yiannis Pechlivanides (Director Bank of Cyprus Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine € 70.000 |
| Judicial Review: |
YES
(07 Feb. 2018)
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
01 Dec. 2017 |
Board Decision Date: 18 Sep. 2017 |
| Regarding: |
Mr. Yiannis Kipri (Director Bank of Cyprus Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine € 70.000 |
| Judicial Review: |
YES
(09 Feb. 2018)
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
01 Dec. 2017 |
Board Decision Date: 18 Sep. 2017 |
| Regarding: |
Mr. Stavros Constantinides (Director Bank of Cyprus Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine € 50.000 |
| Judicial Review: |
YES
(08 Feb. 2018)
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
01 Dec. 2017 |
Board Decision Date: 18 Sep. 2017 |
| Regarding: |
Mr. Costas Severis (Director Bank of Cyprus Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine € 30.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
01 Dec. 2017 |
Board Decision Date: 18 Sep. 2017 |
| Regarding: |
Mr. Georgios Georgiades (Director Bank of Cyprus Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine € 30.000 |
| Judicial Review: |
YES
(08 Feb. 2018)
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
01 Dec. 2017 |
Board Decision Date: 18 Sep. 2017 |
| Regarding: |
Mrs. Irini Karamanou (Director Bank of Cyprus Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine € 30.000 |
| Judicial Review: |
YES
(08 Feb. 2018)
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
01 Dec. 2017 |
Board Decision Date: 18 Sep. 2017 |
| Regarding: |
Mr. Manthos Mavrommatis (Director Bank of Cyprus Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €30.000 |
| Judicial Review: |
YES
(08 Feb. 2018)
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
01 Dec. 2017 |
Board Decision Date: 18 Sep. 2017 |
| Regarding: |
Mr. Christis Hadjimitsis (General Manager Bank of Cyprus Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine € 70.000 |
| Judicial Review: |
YES
(09 Feb. 2018)
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
30 Nov. 2017 |
Board Decision Date: 27 Nov. 2017 |
| Regarding: |
Concorde Investments (Cyprus) Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of suspension of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
10 Nov. 2017 |
Board Decision Date: 03 Nov. 2017 |
| Regarding: |
A&P (Andreou & Paraskevaides) Enterprises Public Limited (in Greek) |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit a takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
26 Oct. 2017 |
Board Decision Date: 23 Oct. 2017 |
| Regarding: |
Jupiter Portfolio Investments Public Company Ltd (in Greek) |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit a takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
19 Oct. 2017 |
Board Decision Date: 06 Feb. 2017 |
| Regarding: |
Mr. Michel Pierre Salomon Teman (Director of Pegase Capital Ltd) |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law, Directive DI144-2007-01 of 2012 |
| Subject: |
Fine €150.000/prohibition in the exercise of professional activity |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
19 Oct. 2017 |
Board Decision Date: 06 Feb. 2017 |
| Regarding: |
Mr. Pantelis Ioakim (Director of Pegase Capital Ltd) |
| Legislation: |
Directive DI144-2007-01 of 2012 |
| Subject: |
Fine €25.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
19 Oct. 2017 |
Board Decision Date: 06 Feb. 2017 |
| Regarding: |
Mr. Giorgos Miltiadous (Director of Pegase Capital Ltd) |
| Legislation: |
Directive DI144-2007-01 of 2012 |
| Subject: |
Fine €25.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
19 Oct. 2017 |
Board Decision Date: 06 Feb. 2017 |
| Regarding: |
Mrs Alexandra Aspri (Director of Pegase Capital Ltd) |
| Legislation: |
Directive DI144-2007-01 of 2012 |
| Subject: |
Violation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
19 Oct. 2017 |
Board Decision Date: 06 Feb. 2017 |
| Regarding: |
Mr. Stavros Petrakides (Director of Pegase Capital Ltd) |
| Legislation: |
Directive DI144-2007-01 of 2012 |
| Subject: |
Violation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
16 Oct. 2017 |
Board Decision Date: 02 Oct. 2017 |
| Regarding: |
Gametech (Cyprus) Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of suspension of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
12 Oct. 2017 |
Board Decision Date: 02 Oct. 2017 |
| Regarding: |
OptionRally Financial Services Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of suspension of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
11 Oct. 2017 |
Board Decision Date: 25 Sep. 2017 |
| Regarding: |
Concorde Investments (Cyprus) 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 Oct. 2017 |
Board Decision Date: 02 Oct. 2017 |
| Regarding: |
Ros Agro Plc (available in Greek language) |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit a takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
11 Oct. 2017 |
Board Decision Date: 02 Oct. 2017 |
| Regarding: |
Cosmos Insurance Company Public Ltd (available in Greek language) |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit a takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
28 Jul. 2017 |
Board Decision Date: 26 Jun. 2017 |
| Regarding: |
Mr. Charalambos Kiritsis (Director of UBFS Invest powered by Moneychoice Brokers Ltd) |
| Legislation: |
Directive DI144-2007-01 of 2012 |
| Subject: |
Fine €10.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
27 Jul. 2017 |
Board Decision Date: 06 Feb. 2017 |
| Regarding: |
Mr. Emmanuel Ayoun |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Fine €10.000/ prohibition in exercising professional activity |
| Judicial Review: |
YES
(15 May. 2017)
NO
|
Judicial Review Ruling:
Pending
Pending
|
|
|
| Announcement Date: |
27 Jul. 2017 |
Board Decision Date: 24 Jul. 2017 |
| Regarding: |
Amathus Public Limited (available in Greek language) |
| Legislation: |
Exception from a mandatory obligation to submit a takeover bid |
| Subject: |
Exception from a mandatory obligation to submit a takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
20 Jul. 2017 |
Board Decision Date: 17 Jul. 2017 |
| Regarding: |
Mr. Amr Jamal Mohamed Hendawi (CommexFX Ltd) |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Revocation of administrative sanctions |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
13 Jul. 2017 |
Board Decision Date: 13 Jul. 2017 |
| Regarding: |
OptionRally Financial Services 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: |
10 Jul. 2017 |
Board Decision Date: 27 Mar. 2017 |
| Regarding: |
Mr. Marwan El Daouk (Director of Falcon Brokers Ltd) |
| Legislation: |
Directive DI144-2007-01 of 2012 |
| Subject: |
Fine €25.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
10 Jul. 2017 |
Board Decision Date: 27 Mar. 2017 |
| Regarding: |
Mr. Wael Ata Elayyan Jaber (Director of Falcon Brokers Ltd) |
| Legislation: |
Directive DI144-2007-01 of 2012 |
| Subject: |
Fine €10.000/prohibition in the exercise of professional activity |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
10 Jul. 2017 |
Board Decision Date: 27 Mar. 2017 |
| Regarding: |
Mr. Khalid Ahmad Emran Abdo (Director of Falcon Brokers Ltd) |
| Legislation: |
Directive DI144-2007-01 of 2012 |
| Subject: |
Fine €10.000/prohibition in the exercise of professional activity |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
10 Jul. 2017 |
Board Decision Date: 27 Mar. 2017 |
| Regarding: |
Mr. Mohammed Yahya Amin Al Ansari (Director of Falcon Brokers Ltd) |
| Legislation: |
Directive DI144-2007-01 of 2012 |
| Subject: |
Fine €150.000/prohibition in the exercise of professional activity |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
04 Jul. 2017 |
Board Decision Date: 19 Jun. 2017 |
| Regarding: |
Lionsman Capital Markets (Cyprus) Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law, Directive DI 144-2007-01 of 2012, Directive DI 144-2007-02 of 2012 |
| Subject: |
Settlement €90.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
29 Jun. 2017 |
Board Decision Date: |
| Regarding: |
Sea Star Capital Plc (available in Greek language) |
| Legislation: |
The Investment Services and Activities and Regulated Markets |
| Subject: |
Suspension of trading of issuer shares |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
26 Jun. 2017 |
Board Decision Date: 19 Jun. 2017 |
| Regarding: |
Xtrade Europe Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Termination of suspension of CIF license |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
22 Jun. 2017 |
Board Decision Date: 08 May. 2017 |
| Regarding: |
Mr. Fadel Al Ali (Director Cyprus Popular Bank Public Co Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Violation/Caution |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
22 Jun. 2017 |
Board Decision Date: 08 May. 2017 |
| Regarding: |
Mr. Hesham Al Quassin (Director Cyprus Popular Bank Public Co Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Violation/Caution |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
22 Jun. 2017 |
Board Decision Date: 08 May. 2017 |
| Regarding: |
Mr. Vasilios Theocharakis (Director Cyprus Popular Bank Public Co Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Violation/Caution |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
22 Jun. 2017 |
Board Decision Date: 08 May. 2017 |
| Regarding: |
Mr. Andreas Vgenopoulos (Director Cyprus Popular Bank Public Co Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Violation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
22 Jun. 2017 |
Board Decision Date: 08 May. 2017 |
| Regarding: |
Mr. Stelios Stylianou (Director Cyprus Popular Bank Public Co Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Violation/Caution |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
22 Jun. 2017 |
Board Decision Date: 08 May. 2017 |
| Regarding: |
Mr. Platonas Lanitis (Director Cyprus Popular Bank Public Co Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Violation/Caution |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
22 Jun. 2017 |
Board Decision Date: 08 May. 2017 |
| Regarding: |
Mr. Abdulrazaq Al Jassim (Director Cyprus Popular Bank Public Co Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Violation/Caution |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
22 Jun. 2017 |
Board Decision Date: 08 May. 2017 |
| Regarding: |
Mrs Annita Philippidou (CFO Cyprus Popular Bank Public Co Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine € 80.000 |
| Judicial Review: |
YES
(04 Aug. 2017)
NO
|
Judicial Review Ruling:
Pending
Pending
|
|
|
| Announcement Date: |
22 Jun. 2017 |
Board Decision Date: 08 May. 2017 |
| Regarding: |
Mr. Constantinos Mylonas (Director Cyprus Popular Bank Public Co Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine € 100.000 |
| Judicial Review: |
YES
(11 Aug. 2017)
NO
|
Judicial Review Ruling:
Pending
Pending
|
|
|
| Announcement Date: |
22 Jun. 2017 |
Board Decision Date: 08 May. 2017 |
| Regarding: |
Mr. Markos Foros (Director Cyprus Popular Bank Public Co Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine € 120.000 |
| Judicial Review: |
YES
(01 Sep. 2017)
NO
|
Judicial Review Ruling:
Pending
Pending
|
|
|
| Announcement Date: |
22 Jun. 2017 |
Board Decision Date: 08 May. 2017 |
| Regarding: |
Mr. Eleftherios Chiliadakis (Director Cyprus Popular Bank Public Co Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine € 140.000 |
| Judicial Review: |
YES
(01 Sep. 2017)
NO
|
Judicial Review Ruling:
Pending
Pending
|
|
|
| Announcement Date: |
22 Jun. 2017 |
Board Decision Date: 08 May. 2017 |
| Regarding: |
Mr. Panayiotis Kounnis (Director Cyprus Popular Bank Public Co Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine € 140.000 |
| Judicial Review: |
YES
(01 Sep. 2017)
NO
|
Judicial Review Ruling:
Pending
Pending
|
|
|
| Announcement Date: |
22 Jun. 2017 |
Board Decision Date: 08 May. 2017 |
| Regarding: |
Mr. Christos Stylianides (Director Cyprus Popular Bank Public Co Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine € 200.000 |
| Judicial Review: |
YES
(01 Sep. 2017)
NO
|
Judicial Review Ruling:
Pending
Pending
|
|
|
| Announcement Date: |
22 Jun. 2017 |
Board Decision Date: 08 May. 2017 |
| Regarding: |
Mr. Neoklis Lysandrou (Director Cyprus Popular Bank Public Co Ltd ) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine € 160.000 |
| Judicial Review: |
YES
(11 Aug. 2017)
NO
|
Judicial Review Ruling:
Pending
Pending
|
|
|
| Announcement Date: |
22 Jun. 2017 |
Board Decision Date: 08 May. 2017 |
| Regarding: |
Mr. Efthimios Mbouloutas (Director Cyprus Popular Bank Public Co Ltd ) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine € 200.000 |
| Judicial Review: |
YES
(01 Sep. 2017)
NO
|
Judicial Review Ruling:
Pending
Pending
|
|
|
| Announcement Date: |
22 Jun. 2017 |
Board Decision Date: 08 May. 2017 |
| Regarding: |
Cyprus Popular Bank Public Co Ltd |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law, The Insider Dealing and Market Manipulation (Market Abuse) Law |
| Subject: |
Violation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
19 Jun. 2017 |
Board Decision Date: 07 Jun. 2017 |
| Regarding: |
Pandora Investments Public Ltd (available in Greek language) |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit to takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
19 Jun. 2017 |
Board Decision Date: 07 Jun. 2017 |
| Regarding: |
Leptos Calypso Hotels Public Ltd (available in Greek language) |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit to takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
08 Jun. 2017 |
Board Decision Date: 13 Feb. 2017 |
| Regarding: |
Mr Savvas Rigas (Internal auditor/relevant person of CommexFX Ltd) |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law, Directive DI144-2007-01 of 2012 |
| Subject: |
Total fine € 20.000 |
| Judicial Review: |
YES
(09 Aug. 2017)
NO
|
Judicial Review Ruling:
Pending
Pending
|
|
|
| Announcement Date: |
08 Jun. 2017 |
Board Decision Date: 13 Feb. 2017 |
| Regarding: |
Mr Stavros Hadjikyriacou (Director of CommexFX Ltd) |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law, Directive DI144-2007-01 of 2012 |
| Subject: |
Total fine € 45.000 |
| Judicial Review: |
YES
(07 Jul. 2017)
NO
|
Judicial Review Ruling:
Pending
Pending
|
|
|
| Announcement Date: |
08 Jun. 2017 |
Board Decision Date: 13 Feb. 2017 |
| Regarding: |
Mr Mohab Mohamed Taghian Radwn (relevant person to CommexFX Ltd) |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law, Directive DI144-2007-01 of 2012 |
| Subject: |
Fine € 50.000/prohibition in the exercise of professional activity |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
08 Jun. 2017 |
Board Decision Date: 13 Feb. 2017 |
| Regarding: |
Mr AbdeI Rahman Alimari (Shareholder of CommexFX Ltd) |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law, Directive DI144-2007-01 of 2012 |
| Subject: |
Total fine € 200.000/prohibition in the exercise of professional activity |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
08 Jun. 2017 |
Board Decision Date: 13 Feb. 2017 |
| Regarding: |
Mr Vladimiros Germanos (Chief Financial Officer of CommexFX Ltd) |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law, Directive DI144-2007-01 of 2012 |
| Subject: |
Total fine € 20.000 |
| Judicial Review: |
YES
(27 Jul. 2017)
NO
|
Judicial Review Ruling:
Pending
Pending
|
|
|
| Announcement Date: |
08 Jun. 2017 |
Board Decision Date: 13 Feb. 2017 |
| Regarding: |
Mr Anastasios Yiapanis (Director of CommexFX Ltd) |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law, Directive DI144-2007-01 of 2012 |
| Subject: |
Fine € 15.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
30 May. 2017 |
Board Decision Date: 29 May. 2017 |
| Regarding: |
Xtrade Europe Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Partial suspension of CIF license |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
04 May. 2017 |
Board Decision Date: 13 Feb. 2017 |
| Regarding: |
CommexFX Ltd |
| Legislation: |
Directive DI144-2007-15 of 2015 – The Investor Compensation Fund Directive |
| Subject: |
Initiation of the compensation payment process by the Investor Compensation Fund for Clients of IFs (I.C.F) |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
24 Apr. 2017 |
Board Decision Date: 13 Mar. 2017 |
| Regarding: |
UR Trade Fix Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Fine €20.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
19 Apr. 2017 |
Board Decision Date: 10 Apr. 2017 |
| Regarding: |
Ros Agro Plc (In Greek) |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit to takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
06 Apr. 2017 |
Board Decision Date: 25 Jul. 2016 |
| Regarding: |
CommexFx Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF licence |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
04 Apr. 2017 |
Board Decision Date: 27 Mar. 2017 |
| Regarding: |
C.C.C. Tourist Enterprises Public Company Ltd (available in Greek language) |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit to takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
04 Apr. 2017 |
Board Decision Date: 03 Apr. 2017 |
| Regarding: |
Dragon Options Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of suspension of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
03 Apr. 2017 |
Board Decision Date: 03 Apr. 2017 |
| Regarding: |
TTCM Traders Trust Capital Markets Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of suspension of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
03 Apr. 2017 |
Board Decision Date: 03 Apr. 2017 |
| Regarding: |
Leadtrade Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of suspension of CIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
31 Mar. 2017 |
Board Decision Date: 13 Mar. 2017 |
| Regarding: |
Leadtrade 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: |
31 Mar. 2017 |
Board Decision Date: 13 Mar. 2017 |
| Regarding: |
TTCM Traders Trust Capital Markets 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: |
31 Mar. 2017 |
Board Decision Date: 13 Mar. 2017 |
| Regarding: |
Gametech (Cyprus) 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: |
31 Mar. 2017 |
Board Decision Date: 13 Mar. 2017 |
| Regarding: |
Dragon Options 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: |
31 Mar. 2017 |
Board Decision Date: 27 Mar. 2017 |
| Regarding: |
Sea Star Capital Plc |
| Legislation: |
The Investment Services and Activities and Regulated Markets |
| Subject: |
Suspension of trading of issuer shares |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
17 Mar. 2017 |
Board Decision Date: 17 Mar. 2017 |
| Regarding: |
Boursotrade 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: |
15 Mar. 2017 |
Board Decision Date: 13 Feb. 2017 |
| Regarding: |
Atlas Capital Financial Services Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law, DI144-2007-01 of 2012 |
| Subject: |
Withdrawal of CIF licence |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
10 Mar. 2017 |
Board Decision Date: 30 Jan. 2017 |
| Regarding: |
Novox Capital Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Fine €5.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
23 Feb. 2017 |
Board Decision Date: 23 Jan. 2017 |
| Regarding: |
PriorFX Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law, DI144-2007-01 of 2012, DI144-2007-02 of 2012 |
| Subject: |
Total fine €63.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Feb. 2017 |
Board Decision Date: 13 Feb. 2017 |
| Regarding: |
Avangardco Investments Public Ltd (in Greek) |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit to takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
15 Feb. 2017 |
Board Decision Date: 05 Dec. 2016 |
| Regarding: |
Novox Capital Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law, DI144-2007-01 of 2012, DI144-2007-02 of 2012 |
| Subject: |
Total fine €175.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
07 Feb. 2017 |
Board Decision Date: 19 Dec. 2016 |
| Regarding: |
Fortified Capital Ltd |
| Legislation: |
Alternative Investment Funds Law |
| Subject: |
Fine €5.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
23 Jan. 2017 |
Board Decision Date: 19 Dec. 2016 |
| Regarding: |
Bdswiss Holding Plc |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law, Directive DI 144-2007-01 of 2012, Directive DI 144-2007-02 of 2012 |
| Subject: |
Settlement €150.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
16 Jan. 2017 |
Board Decision Date: 05 Dec. 2016 |
| Regarding: |
Louis Plc (in Greek) |
| 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: |
16 Jan. 2017 |
Board Decision Date: 05 Dec. 2016 |
| Regarding: |
Cyprint Plc (in Greek) |
| 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: |
16 Jan. 2017 |
Board Decision Date: 05 Dec. 2016 |
| Regarding: |
Charilaos Apostolides Public Ltd (in Greek) |
| 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: |
13 Jan. 2017 |
Board Decision Date: 19 Dec. 2016 |
| Regarding: |
IQ Option Europe Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Revocation of decision for non-compliance with section 38 of the Law and for the imposition of an administrative fine of €20,000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
13 Jan. 2017 |
Board Decision Date: 05 Dec. 2016 |
| Regarding: |
Agroton Public Ltd (available in Greek) |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine € 1.250 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
13 Jan. 2017 |
Board Decision Date: 05 Dec. 2016 |
| Regarding: |
Karyes Investment Public Company Ltd (available in Greek) |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine € 1.500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
13 Jan. 2017 |
Board Decision Date: 05 Dec. 2016 |
| Regarding: |
L.P. Transbeton Public Ltd (available in Greek) |
| 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: |
11 Jan. 2017 |
Board Decision Date: 23 Dec. 2016 |
| Regarding: |
Dome Investments Public Company Ltd |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit to takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
10 Jan. 2017 |
Board Decision Date: 05 Dec. 2016 |
| Regarding: |
Mutual Trust Ltd |
| Legislation: |
The Law Regulating Companies Providing Administrative Services and Related Matters |
| Subject: |
Fine €15.000 |
| Judicial Review: |
YES
(15 Mar. 2017)
NO
|
Judicial Review Ruling:
Withdrawn by Mutual Trust Ltd
Withdrawn by Mutual Trust Ltd
|
|
|
| Announcement Date: |
27 Dec. 2016 |
Board Decision Date: 28 Nov. 2016 |
| Regarding: |
Colmex Pro Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law, DI144-2007-01 of 2012, DI144-2007-02 of 2012 |
| Subject: |
Fine €100.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
22 Dec. 2016 |
Board Decision Date: 19 Dec. 2016 |
| Regarding: |
Jupiter Portfolio Investments Public Company Ltd |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit to takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
20 Dec. 2016 |
Board Decision Date: 28 Nov. 2016 |
| Regarding: |
Best Choice FBC Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Continuance of suspension and commencement of proceedings for the possible withdrawal of a CIF license |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
20 Dec. 2016 |
Board Decision Date: 12 Dec. 2016 |
| Regarding: |
Blaustein Corporate Services Ltd |
| Legislation: |
Law Regulating Companies Providing Administrative Services and Related Matters |
| Subject: |
Suspension and commencement of proceedings for the possible withdrawal of an ASP authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
19 Dec. 2016 |
Board Decision Date: 05 Dec. 2016 |
| Regarding: |
Louis Plc (available in Greek language) |
| Legislation: |
The Investment Services and Activities and Regulated Markets |
| Subject: |
Suspension of trading |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
14 Dec. 2016 |
Board Decision Date: 28 Nov. 2016 |
| Regarding: |
Globaltrans Investment PLC (available in Greek) |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit to takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
13 Dec. 2016 |
Board Decision Date: 28 Nov. 2016 |
| Regarding: |
UBFS Invest powered by Moneychoice Brokers Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law, Regulation 575/2016 |
| Subject: |
Withdrawal of CIF licence |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
08 Dec. 2016 |
Board Decision Date: 28 Nov. 2016 |
| Regarding: |
Atlantic Insurance Company Public Ltd |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit to takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
01 Dec. 2016 |
Board Decision Date: 21 Nov. 2016 |
| Regarding: |
Ch. Charilaou Group Plc |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Extension for the disposal of shares following the granting of an exception to submit a mandatory takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
24 Nov. 2016 |
Board Decision Date: 24 Nov. 2016 |
| Regarding: |
PFX Financial Professionals 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: |
31 Oct. 2016 |
Board Decision Date: 26 Sep. 2016 |
| Regarding: |
Falcon Brokers Ltd |
| Legislation: |
Directive DI144-2007-15 of 2015 – the Investor Compensation Fund Directive |
| Subject: |
Initiation of the compensation payment process by the Investor Compensation Fund for Clients of IFs (‘the I.C.F’) |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
25 Oct. 2016 |
Board Decision Date: 26 Sep. 2016 |
| Regarding: |
XFR Financial Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Laws, Directive DI 144-2007-01 of 2012, Directive DI 144-2007-02 of 2012 |
| Subject: |
Fine €225.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
17 Oct. 2016 |
Board Decision Date: 26 Sep. 2016 |
| Regarding: |
Bank of Cyprus Public Company Ltd |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law, the Insider Dealing and Market Manipulation (Market Abuse) Law |
| Subject: |
Total fine € 25.000 |
| Judicial Review: |
YES
(24 Oct. 2016)
NO
|
Judicial Review Ruling:
Pending
Pending
|
|
|
| Announcement Date: |
17 Oct. 2016 |
Board Decision Date: 26 Sep. 2016 |
| Regarding: |
Mr. Andreas Artemi (Director Bank of Cyprus Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine € 70.000 |
| Judicial Review: |
YES
(08 Dec. 2016)
NO
|
Judicial Review Ruling:
Pending
Pending
|
|
|
| Announcement Date: |
17 Oct. 2016 |
Board Decision Date: 26 Sep. 2016 |
| Regarding: |
Mr. Yiannis Kypri (Director Bank of Cyprus Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine € 70.000 |
| Judicial Review: |
YES
(20 Dec. 2016)
NO
|
Judicial Review Ruling:
Pending
Pending
|
|
|
| Announcement Date: |
17 Oct. 2016 |
Board Decision Date: 26 Sep. 2016 |
| Regarding: |
Mr. Yiannis Pechlivanides (Director Bank of Cyprus Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine € 70.000 |
| Judicial Review: |
YES
(14 Dec. 2016)
NO
|
Judicial Review Ruling:
Pending
Pending
|
|
|
| Announcement Date: |
17 Oct. 2016 |
Board Decision Date: 26 Sep. 2016 |
| Regarding: |
Mr. Stavros Constantinides (Director Bank of Cyprus Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine € 50.000 |
| Judicial Review: |
YES
(08 Dec. 2016)
NO
|
Judicial Review Ruling:
Pending
Pending
|
|
|
| Announcement Date: |
17 Oct. 2016 |
Board Decision Date: 26 Sep. 2016 |
| Regarding: |
Mr. Costas Severis (Director Bank of Cyprus Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine € 30.000 |
| Judicial Review: |
YES
(08 Dec. 2016)
NO
|
Judicial Review Ruling:
Pending
Pending
|
|
|
| Announcement Date: |
17 Oct. 2016 |
Board Decision Date: 26 Sep. 2016 |
| Regarding: |
Mr. Georgios Georgiades (Director Bank of Cyprus Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine € 30.000 |
| Judicial Review: |
YES
(08 Dec. 2016)
NO
|
Judicial Review Ruling:
Pending
Pending
|
|
|
| Announcement Date: |
17 Oct. 2016 |
Board Decision Date: 26 Sep. 2016 |
| Regarding: |
Mrs. Irini Caramanou (Director Bank of Cyprus Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine € 30.000 |
| Judicial Review: |
YES
(17 Oct. 2016)
NO
|
Judicial Review Ruling:
Pending
Pending
|
|
|
| Announcement Date: |
17 Oct. 2016 |
Board Decision Date: 26 Sep. 2016 |
| Regarding: |
Mr. Christis Hadjimitsis (General Manager Bank of Cyprus Public Company Ltd) |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine € 70.000 |
| Judicial Review: |
YES
(20 Dec. 2016)
NO
|
Judicial Review Ruling:
Pending
Pending
|
|
|
| Announcement Date: |
04 Oct. 2016 |
Board Decision Date: 05 Sep. 2016 |
| Regarding: |
Mr. Danny Rothman (or Mr. Daniel Rubinstein) |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Fine €100.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
03 Oct. 2016 |
Board Decision Date: 19 Sep. 2016 |
| Regarding: |
Teos Corporate Services Ltd |
| Legislation: |
The Law Regulating Companies Providing Administrative Services and Related Matters |
| Subject: |
Fine €5.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
30 Sep. 2016 |
Board Decision Date: 05 Sep. 2016 |
| Regarding: |
IQ Option Europe Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Laws,
Directive DI 144-2007-01 of 2012, Directive DI 144-2007-02 of 2012
|
| Subject: |
Fine €180.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
30 Sep. 2016 |
Board Decision Date: 05 Sep. 2016 |
| Regarding: |
OptionRally Financial Services Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Laws,
Directive DI 144-2007-01 of 2012, Directive DI 144-2007-02 of 2012
|
| Subject: |
Fine €138.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
29 Sep. 2016 |
Board Decision Date: 26 Sep. 2016 |
| Regarding: |
AirFinance Pro Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Continuance of suspension of CIF licence |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
29 Sep. 2016 |
Board Decision Date: 05 Sep. 2016 |
| Regarding: |
Best Choice FBC Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Continuance of suspension of CIF license |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Sep. 2016 |
Board Decision Date: 12 Sep. 2016 |
| Regarding: |
UBFS Invest powered by Moneychoice Brokers Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Continuance of Suspension and commencement of proceedings for the possible withdrawal of the CIF license |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Sep. 2016 |
Board Decision Date: 16 Mar. 2015, 01 Aug. 2016 |
| Regarding: |
Cyprus Popular Bank Public Co Ltd |
| Legislation: |
Insider Dealing and Market Manipulation (Market Abuse) Law, Directive DI116-2005-03 |
| Subject: |
Violation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Sep. 2016 |
Board Decision Date: 16 Mar. 2015, 01 Aug. 2016 |
| Regarding: |
Mr Efthimios Mpouloutas |
| Legislation: |
Insider Dealing and Market Manipulation (Market Abuse) Law, Directive DI116-2005-03 |
| Subject: |
Total fine € 70.000 |
| Judicial Review: |
YES
(25 Nov. 2016)
NO
|
Judicial Review Ruling:
Pending
Pending
|
|
|
| Announcement Date: |
21 Sep. 2016 |
Board Decision Date: 16 Mar. 2015, 01 Aug. 2016 |
| Regarding: |
Mr Christos Stylianides |
| Legislation: |
Insider Dealing and Market Manipulation (Market Abuse) Law, Directive DI116-2005-03 |
| Subject: |
Fine € 50.000 |
| Judicial Review: |
YES
(25 Nov. 2016)
NO
|
Judicial Review Ruling:
Pending
Pending
|
|
|
| Announcement Date: |
09 Sep. 2016 |
Board Decision Date: 11 Jul. 2016 |
| Regarding: |
Atlas Capital Financial Services Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Continuance of Suspension and commencement of proceedings for the possible withdrawal of the CIF license |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
09 Sep. 2016 |
Board Decision Date: 05 Sep. 2016 |
| Regarding: |
AFI Development Plc (In Greek) |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Extension to the exception from a mandatory obligation to submit a takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
19 Aug. 2016 |
Board Decision Date: 01 Aug. 2016 |
| Regarding: |
HF Markets (Europe) Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Laws,
Directive DI 144-2007-01 of 2012, Directive DI 144-2007-02 of 2012
|
| Subject: |
Fine €105.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
16 Aug. 2016 |
Board Decision Date: 05 Aug. 2016 |
| Regarding: |
MANRICH FUND LIMITED, BIGAN WEALTH FUND LTD, GAINMORE FUND LTD και EBIT FUND LTD |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Non compliance of International Collective Investment Schemes with the conditions regarding their operation as Alternative Investment Funds with Limited Number of Persons |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
10 Aug. 2016 |
Board Decision Date: 25 Jul. 2016 |
| Regarding: |
M&L Invest Union Markets Ltd |
| Legislation: |
Regulation (EU) No. 680/2014, Directive DI144-2014-14 of the Cyprus Securities and Exchange Commission |
| Subject: |
Fine €2.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
10 Aug. 2016 |
Board Decision Date: 05 Aug. 2016 |
| Regarding: |
AFI Development Plc (In Greek) |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit a takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
09 Aug. 2016 |
Board Decision Date: 08 Aug. 2016 |
| Regarding: |
Mutual Trust Limited |
| Legislation: |
The Law regulating Companies providing Administrative Services and Related Matters of 2012 |
| Subject: |
Continuance of suspension of ASP license |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
09 Aug. 2016 |
Board Decision Date: 01 Aug. 2016 |
| Regarding: |
UBFS Invest powered by Moneychoice Brokers Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Continuance of suspension of CIF license |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
09 Aug. 2016 |
Board Decision Date: 25 Jul. 2016 |
| Regarding: |
Best Choice FBC 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: |
29 Jul. 2016 |
Board Decision Date: 25 Jul. 2016 |
| Regarding: |
AirFinance Pro Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Continuance of suspension of CIF licence |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
08 Jul. 2016 |
Board Decision Date: 06 Jun. 2016 |
| Regarding: |
B.O. Tradefinancials Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Laws, Directive DI 144-2007-01 of 2012, Directive DI 144- 2007-02 of 2012 |
| Subject: |
Total Fine €138.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
06 Jul. 2016 |
Board Decision Date: 13 Jun. 2016 |
| Regarding: |
Charilaos Apostolides Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine € 7.300 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
06 Jul. 2016 |
Board Decision Date: 13 Jun. 2016 |
| Regarding: |
Cyprint Plc |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine € 7.300 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
06 Jul. 2016 |
Board Decision Date: 13 Jun. 2016 |
| Regarding: |
Karkotis Manufacturing & Trading Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine € 7.300 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
06 Jul. 2016 |
Board Decision Date: 13 Jun. 2016 |
| Regarding: |
L.P. Transbeton Public Ltd |
| Legislation: |
Ο περί των Προϋποθέσεων Διαφάνειας (Κινητές Αξίες προς Διαπραγμάτευση σε Ρυθμιζόμενη Αγορά) Νόμος |
| Subject: |
Συνολικό πρόστιμο € 6.300 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
06 Jul. 2016 |
Board Decision Date: 13 Jun. 2016 |
| Regarding: |
Sea Star Capital Plc |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine € 1.500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
|
|