| Announcement Date: |
21 Jun. 2022 |
Board Decision Date: 09 May. 2022 |
| Regarding: |
Spa Financial Services Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law
The Alternative Investment Fund Managers Law
|
| Subject: |
Withdrawal of CIF authorization Granting of AIFM authorization |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Jun. 2022 |
Board Decision Date: 02 May. 2022 |
| Regarding: |
Credit Financier Invest (CFI) Limited |
| Legislation: |
Τhe Prevention and Suppression of Money Laundering and Terrorist Financing Law |
| Subject: |
Settlement €150.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
17 Jun. 2022 |
Board Decision Date: 09 May. 2022 |
| Regarding: |
Board of Directors of Maxigrid Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Imposition of administrative sanctions and measures |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
15 Jun. 2022 |
Board Decision Date: 03 Jun. 2022 |
| 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: |
02 Jun. 2022 |
Board Decision Date: 16 May. 2022 |
| 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: |
17 May. 2022 |
Board Decision Date: 17 Aug. 2021 |
| Regarding: |
Woodbrook Group 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: |
17 May. 2022 |
Board Decision Date: 31 Jan. 2022 |
| Regarding: |
Mount Nico Corp Ltd |
| Legislation: |
Τhe Investment Services and Activities and Regulated Markets Law |
| Subject: |
Settlement €290.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
09 May. 2022 |
Board Decision Date: 28 Mar. 2022 |
| Regarding: |
VEROSTAR FUND AIFLNP LTD |
| Legislation: |
The Cyprus Securities and Exchange Commision Law |
| Subject: |
Fine €100 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
09 May. 2022 |
Board Decision Date: 14 Mar. 2022 |
| Regarding: |
GH CAPITAL INVESTMENT FUNDS LTD |
| Legislation: |
The Cyprus Securities and Exchange Commision Law |
| Subject: |
Total Fine €300 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
06 May. 2022 |
Board Decision Date: 14 Mar. 2022 |
| Regarding: |
Finteractive Ltd |
| Legislation: |
Τhe Investment Services and Activities and Regulated Markets Law |
| Subject: |
Settlement €100.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Apr. 2022 |
Board Decision Date: 18 Apr. 2022 |
| Regarding: |
Isxis Investment Public Ltd, Regallia Holdings & Investments Public Ltd, Aias Investment Public Ltd, A.L. Prochoice Group Public Ltd, Triena Investments Public Company 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: |
19 Apr. 2022 |
Board Decision Date: 28 Mar. 2022 |
| Regarding: |
BrokerCreditService (Cyprus) Limited |
| Legislation: |
Regulation (EU) 596/2014 on Market Abuse |
| Subject: |
Fine €10.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
19 Apr. 2022 |
Board Decision Date: 28 Mar. 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: |
18 Apr. 2022 |
Board Decision Date: 08 Mar. 2022 |
| Regarding: |
RMG Holding 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: |
18 Apr. 2022 |
Board Decision Date: 04 Apr. 2022 |
| Regarding: |
ED&F MAN Capital Markets CEEMA 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: |
15 Apr. 2022 |
Board Decision Date: 28 Mar. 2022 |
| Regarding: |
Hoch 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: |
13 Apr. 2022 |
Board Decision Date: 04 Apr. 2022 |
| Regarding: |
The Cyprus Cement 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: |
06 Apr. 2022 |
Board Decision Date: 14 Mar. 2022 |
| Regarding: |
Capital Com SV Investments Ltd |
| Legislation: |
Regulation (EU) 596/2014 on Market Abuse |
| Subject: |
Fine €10.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Mar. 2022 |
Board Decision Date: 08 Mar. 2022 |
| Regarding: |
RAIF RIONE 7 V.C.I.C. (RAIF) LTD |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Mergers between RAIFs Investments Compartments |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
18 Mar. 2022 |
Board Decision Date: 14 Mar. 2022 |
| Regarding: |
Isxis Investment Public Ltd, Regallia Holdings & Investments Public Ltd, Aias Investment Public Ltd, A.L. Prochoice Group Public Ltd, Triena Investments Public Company Ltd, Toxotis Investments 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: |
15 Mar. 2022 |
Board Decision Date: 13 Dec. 2021 |
| Regarding: |
AIFLNP GH CAPITAL INVESTMENT FUNDS AIFLNP V.C.I.C. LTD – Investments Compartments Sub-Fund «CHINA», Sub-Fund «NADEJNIY», Sub-Fund «HEALTHCARE», Sub-Fund «DIVIDEND», Sub-Fund «TELECOMMUNICATIONS», Sub-Fund «BRIC: BRAZIL, RUSSIA, INDIA, CHINA», Sub-Fund «TECHNOLOGIES», Sub-Fund «4 ASIAN TIGERS», Sub-Fund «BIOTECHNOLOGIES», Sub-Fund «UTILITIES», Sub-Fund «FINANCIALS», Sub-Fund «FINANCIALS», Sub-Fund «CONSUMER SECTOR», Sub-Fund «FOND SMESHANNYH INVESTICIY», Sub-Fund «US REIT» and Sub-Fund «CONSERVATIVE “II”» |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of AIFLNP Investments Compartments authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
24 Feb. 2022 |
Board Decision Date: 14 Feb. 2022 |
| Regarding: |
Maxigrid 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. 2022 |
Board Decision Date: 14 Feb. 2022 |
| Regarding: |
Constantinou Bros Hotels Public Company Limited |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Prohibition in the publication of an Offer Document |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Feb. 2022 |
Board Decision Date: 27 Jan. 2022 |
| Regarding: |
Isxis Investment Public Ltd, Regallia Holdings & Investments Public Ltd, Aias Investment Public Ltd, A.L. Prochoice Group Public Ltd, Triena Investments Public Company Ltd, Harvest Capital Management Public Ltd, Toxotis Investments Public Ltd, Cyprus Trading Corporation Plc, Ermes Department Stores Plc και 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: |
26 Jan. 2022 |
Board Decision Date: 17 Jan. 2022 |
| Regarding: |
Karyes Investment Public Company 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: |
24 Jan. 2022 |
Board Decision Date: 11 Oct. 2021 |
| Regarding: |
Atlantic Securities Ltd |
| Legislation: |
Regulation (EU) 596/2014 on Market Abuse |
| Subject: |
Fine €3.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
19 Jan. 2022 |
Board Decision Date: 07 Dec. 2021 |
| Regarding: |
PMT MATRIX CAPITAL LTD |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law
The Alternative Investment Fund Managers Law
The Open-Ended Undertakings for Collective Investment Law
|
| Subject: |
Withdrawal of CIF authorisation Granting of AIFM and UCITS Management Competent authorization |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
13 Jan. 2022 |
Board Decision Date: 29 Jun. 2021, 13 Dec. 2021 |
| Regarding: |
Alkis H. Hadjikyriacos (Frou – Frou Biscuits) 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: |
30 Dec. 2021 |
Board Decision Date: 20 Dec. 2021 |
| 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: |
28 Dec. 2021 |
Board Decision Date: 20 Dec. 2021 |
| Regarding: |
Toxotis Investments Public Ltd, Cyprus Trading Corporation Plc, Ermes Department Stores Plc και 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: |
23 Dec. 2021 |
Board Decision Date: 19 Jul. 2021 |
| Regarding: |
AFX Capital Markets Ltd, Διοικητικό Συμβούλιο, Ελεγκτές |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF licence and imposition of administrative sanctions and measures |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
16 Dec. 2021 |
Board Decision Date: 08 Nov. 2021 |
| Regarding: |
Feldmans Management (Overseas) Ltd |
| Legislation: |
The Cyprus Securities and Exchange Commission Law |
| Subject: |
Revocation of administrative fine |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
14 Dec. 2021 |
Board Decision Date: 08 Nov. 2021 |
| Regarding: |
KMG Capital Markets Ltd |
| Legislation: |
The Open-Ended Undertakings for Collective Investment Law |
| Subject: |
Revocation of Management Company’s operation licence |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Dec. 2021 |
Board Decision Date: 22 Nov. 2021 |
| Regarding: |
Minerva 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. 2021 |
Board Decision Date: 11 Oct. 2021 |
| Regarding: |
INTERNATIONAL LEISURE MARINE FUND (ILMF) LTD |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of AIFLNP authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
26 Nov. 2021 |
Board Decision Date: 16 Nov. 2021 |
| Regarding: |
CLEGANE FUND LTD |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of AIFLNP authorization |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
23 Nov. 2021 |
Board Decision Date: 11 Oct. 2021 |
| Regarding: |
Mr. Demetrios Chomatas and others |
| Legislation: |
Regulation (EU) No. 596/2014 on Market Abuse |
| Subject: |
Settlement €9.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
15 Nov. 2021 |
Board Decision Date: 08 Nov. 2021 |
| Regarding: |
Isxis Investment Public Ltd, Regallia Holdings & Investments Public Ltd, Aias Investment Public Ltd, Harvest Capital Management Public Ltd, SFS Group Public Company Ltd, D.A.P.P. Digital Access Pass PTE Investments Public Company Ltd, A.L. Prochoice Group Public Ltd, Triena Investments Public Company 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: |
04 Nov. 2021 |
Board Decision Date: 11 Oct. 2021 |
| Regarding: |
Sonaf Business 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: |
03 Nov. 2021 |
Board Decision Date: 02 Nov. 2021 |
| Regarding: |
Depaho Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Recall of suspension of CIF license |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
03 Nov. 2021 |
Board Decision Date: 18 Oct. 2021 |
| Regarding: |
RAM CYPRUS INCOME FUND LTD |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of AIFLNP authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
26 Oct. 2021 |
Board Decision Date: 18 Oct. 2021 |
| Regarding: |
Karyes Investment Public Company 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: |
22 Oct. 2021 |
Board Decision Date: 22 Oct. 2021 |
| Regarding: |
Depaho 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 Oct. 2021 |
Board Decision Date: 15 Oct. 2021 |
| Regarding: |
Maxigrid 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: |
15 Oct. 2021 |
Board Decision Date: 15 Oct. 2021 |
| Regarding: |
Maxiflex 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: |
21 Sep. 2021 |
Board Decision Date: 14 Jun. 2021 |
| Regarding: |
London Capital Group (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: |
10 Sep. 2021 |
Board Decision Date: 01 Mar. 2021 |
| Regarding: |
Belight Capital Group 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: |
10 Sep. 2021 |
Board Decision Date: 10 Sep. 2021 |
| Regarding: |
Depaho 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 Sep. 2021 |
Board Decision Date: 30 Aug. 2021 |
| Regarding: |
D&V Pegasus Real Estate AIF VCIC Plc |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of AIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Sep. 2021 |
Board Decision Date: 30 Aug. 2021 |
| Regarding: |
Isxis Investment Public Ltd, Regallia Holdings & Investments Public Ltd, Aias Investment Public Ltd, Harvest Capital Management Public Ltd, SFS Group Public Company Ltd, D.A.P.P. Digital Access Pass PTE Investments Public Company Ltd, A.L. Prochoice Group Public Ltd, Triena Investments Public Company Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Suspension of trading of shares |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|