| Announcement Date: |
02 Jun. 2023 |
Board Decision Date: 28 Nov. 2022 |
| Regarding: |
Egard Management Ltd |
| Legislation: |
Τhe Prevention and Suppression of Money Laundering and Terrorist Financing Law, Directive DI 144-2007-08 of 2012
|
| Subject: |
Fine €2,000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Jun. 2023 |
Board Decision Date: 28 Nov. 2022 |
| Regarding: |
G2Fund AIFLNP V.C.I.C. Limited |
| Legislation: |
Τhe Prevention and Suppression of Money Laundering and Terrorist Financing Law, Directive DI 144-2007-08 of 2012
|
| Subject: |
Total Fine €2,000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Jun. 2023 |
Board Decision Date: 28 Nov. 2022 |
| Regarding: |
Incubator Investment Fund AIFLNP V.C.I.C. Limited |
| Legislation: |
Τhe Prevention and Suppression of Money Laundering and Terrorist Financing Law, Directive DI 144-2007-08 of 2012
|
| Subject: |
Total Fine €4,000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
01 Jun. 2023 |
Board Decision Date: 08 May. 2023 |
| Regarding: |
I.W.G International Wealth Group Ltd |
| Legislation: |
The Cyprus Securities and Exchange Commission Law
|
| Subject: |
Fine €100 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
01 Jun. 2023 |
Board Decision Date: 08 May. 2023 |
| Regarding: |
I.W.G International Wealth Group Ltd |
| Legislation: |
The Cyprus Securities and Exchange Commission Law
|
| Subject: |
Fine €100 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
01 Jun. 2023 |
Board Decision Date: 08 May. 2023 |
| Regarding: |
TriangleView Investments Ltd |
| Legislation: |
The Cyprus Securities and Exchange Commission Law
|
| Subject: |
Fine €100 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
01 Jun. 2023 |
Board Decision Date: 08 May. 2023 |
| Regarding: |
Eight Plus Capital Ltd |
| Legislation: |
The Cyprus Securities and Exchange Commission Law |
| Subject: |
Fine €100 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
01 Jun. 2023 |
Board Decision Date: 08 May. 2023 |
| Regarding: |
Ayomi Financial Services Ltd |
| Legislation: |
The Cyprus Securities and Exchange Commission Law
|
| Subject: |
Fine €100 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
30 May. 2023 |
Board Decision Date: 22 May. 2023 |
| Regarding: |
Investment Compartment ‘IC2 Venture Capital Investment Compartment’ of the AIF ‘Mega Ploutos AIF Variable Capital Investment Company Plc’ |
| Legislation: |
The Alternative Investment Funds Law
|
| Subject: |
Withdrawal of an AIF Investment Compartment authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
18 May. 2023 |
Board Decision Date: 27 Mar. 2023 |
| Regarding: |
Stone Edge Capital Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law
Τhe Prevention and Suppression of Money Laundering and Terrorist Financing Law |
| Subject: |
Withdrawal of CIF authorization |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
28 Apr. 2023 |
Board Decision Date: 20 Mar. 2023 |
| Regarding: |
Trilt Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law
|
| Subject: |
Withdrawal of CIF authorization |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
28 Apr. 2023 |
Board Decision Date: 24 Apr. 2023 |
| Regarding: |
Cyprus Trading Corporation Plc, Woolworth (Cyprus) Properties Plc, Ermes Department Stores Plc and Aias Investment 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: |
13 Apr. 2023 |
Board Decision Date: 03 Apr. 2023 |
| Regarding: |
Itrade Global (CY) Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Total fine €1.000.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
12 Apr. 2023 |
Board Decision Date: 03 Apr. 2023 |
| Regarding: |
FTX (EU) Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Extension to the suspension of CIF licence |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
12 Apr. 2023 |
Board Decision Date: 27 Mar. 2023 |
| Regarding: |
UCITS GMM FUNDS |
| Legislation: |
The Open-Ended Undertakings for Collective Investment Law |
| Subject: |
Mergers between UCITS |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
12 Apr. 2023 |
Board Decision Date: 01 Mar. 2023 |
| Regarding: |
OTKRITIE BROKER LTD |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Influence exercised by Otkritie FC Bank to the sound and prudent management of the CIF Otkritie Broker Ltd |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
12 Apr. 2023 |
Board Decision Date: 03 Apr. 2023 |
| 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: |
05 Apr. 2023 |
Board Decision Date: 03 Oct. 2022 |
| Regarding: |
Ayers Alliance Financial Group Limited |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Imposition of sanction and measure |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
05 Apr. 2023 |
Board Decision Date: 06 Mar. 2023 |
| Regarding: |
LOMONOSOV INVESTMENTS FUND AIFLNP V.C.I.C. LTD |
| Legislation: |
The Cyprus Securities and Exchange Commission Law
|
| Subject: |
Fine €100 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
05 Apr. 2023 |
Board Decision Date: 06 Mar. 2023 |
| Regarding: |
EOS MULTI-STRATEGY FUND AIFLNP V.C.I.C. LTD |
| Legislation: |
The Cyprus Securities and Exchange Commission Law
|
| Subject: |
Fine €100 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
04 Apr. 2023 |
Board Decision Date: 01 Mar. 2023 |
| Regarding: |
AIF Ibelin Investment AIF V.C.I.C. Limited (AIF56) – Investment Compartment Ibelin Real Estate Investment Fund (AIF56_1) |
| Legislation: |
The Alternative Investment Funds Law
|
| Subject: |
Withdrawal of an AIF Investment Compartment authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
03 Apr. 2023 |
Board Decision Date: 27 Mar. 2023 |
| Regarding: |
Ch. Charilaou Group Plc |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law
|
| Subject: |
Suspension of trading of shares |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
22 Mar. 2023 |
Board Decision Date: 06 Mar. 2023 |
| Regarding: |
Alkis H. Hadjikyriacos (Frou – Frou Biscuits) 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: |
10 Mar. 2023 |
Board Decision Date: 28 Nov. 2022 |
| Regarding: |
AIFLNP Cyfield Property AIFLNP V.C.I.C. Ltd (LPAIF151) – Investment Compartment Cyfield Property Sub1 (LPAIF151_1) |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of an AIFLNP Investment Compartment authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
09 Mar. 2023 |
Board Decision Date: 21 Feb. 2023 |
| Regarding: |
BOC Asset Management Ltd |
| Legislation: |
The Open-Ended Undertakings for Collective Investment Law |
| Subject: |
Withdrawal of UCITS Management Company authorization |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
06 Mar. 2023 |
Board Decision Date: 05 Dec. 2022 |
| Regarding: |
Maxiflex 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: |
03 Mar. 2023 |
Board Decision Date: 05 Dec. 2022 |
| Regarding: |
Holiway Investments 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: |
02 Mar. 2023 |
Board Decision Date: , 20 Feb. 2023 |
| Regarding: |
Isxis Investment Public Ltd, Regallia Holdings & Investments Public Ltd, Aias Investment Public Ltd, Cyprus Trading Corporation Plc, Ermes Department Stores Plc and Woolworth (Cyprus) Properties Plc |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law
|
| Subject: |
Suspension of trading of shares |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
17 Feb. 2023 |
Board Decision Date: 30 Jan. 2023 |
| Regarding: |
Red Mars Capital Ltd |
| Legislation: |
The Cyprus Securities and Exchange Commission Law |
| Subject: |
Fine €100 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
14 Feb. 2023 |
Board Decision Date: 23 Jan. 2023 |
| Regarding: |
MAGNUM FX (CYPRUS) LTD |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorization |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
14 Feb. 2023 |
Board Decision Date: 05 Dec. 2022 |
| Regarding: |
Inveza Capital Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law
|
| Subject: |
Withdrawal of CIF authorization |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
09 Feb. 2023 |
Board Decision Date: 05 Dec. 2022 |
| Regarding: |
F1Markets Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorization |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
01 Feb. 2023 |
Board Decision Date: 28 Nov. 2022 |
| Regarding: |
FF Simple and Smart Trades Investment Services Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law
|
| Subject: |
Withdrawal of CIF authorization |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
01 Feb. 2023 |
Board Decision Date: 30 Jan. 2023 |
| Regarding: |
Ch. Charilaou Group Plc |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Suspension of trading of shares |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
18 Jan. 2023 |
Board Decision Date: 09 May. 2022 |
| Regarding: |
Schwarzwald Capital Fund AIFLNP V.C.I.C. Limited (ex Verostar Fund AIFLNP V.C.I.C. Limited) |
| Legislation: |
The Cyprus Securities and Exchange Commission Law
|
| Subject: |
Total fine €500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
18 Jan. 2023 |
Board Decision Date: 28 Nov. 2022, 09 Jan. 2023 |
| Regarding: |
Crowd Tech Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law
|
| Subject: |
Influence exercised by Petros Zachariades to the sound and prudent management of the CIF Crowd Tech Ltd |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
23 Dec. 2022 |
Board Decision Date: 12 Dec. 2022 |
| Regarding: |
Target Wealth Opportunities Ltd |
| Legislation: |
The Alternative Investment Fund Managers Law
|
| Subject: |
Settlement €30.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
22 Dec. 2022 |
Board Decision Date: 19 Dec. 2022 |
| Regarding: |
FTX (EU) Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law
|
| Subject: |
Extension to the suspension of CIF licence |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
22 Dec. 2022 |
Board Decision Date: 19 Dec. 2022 |
| Regarding: |
Isxis Investment Public Ltd, Regallia Holdings & Investments Public Ltd, Aias Investment Public Ltd, Cyprus Trading Corporation Plc, Ermes Department Stores Plc and Woolworth (Cyprus) Properties Plc |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law
|
| Subject: |
Suspension of trading of shares |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Dec. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
Agroton Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €3.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Dec. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
Isxis Investment Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €6.750 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Dec. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
Regallia Holdings & Investments Publc Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €6.750 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Dec. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
Toxotis Investments Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €8.500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Dec. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
Harvest Capital Management Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €8.500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Dec. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
Karyes Investment Public Company Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €9.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Dec. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
MLK Foods Public Company Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €12.500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Dec. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
Ermes Department Stores Plc |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €13.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Dec. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
Triena Investments Public Company Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €13.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Dec. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
Woolworth (Cyprus) Properties Plc |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €13.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Dec. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
Cyprus Trading Corporation Plc |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €13.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|