| Announcement Date: |
11 Jun. 2021 |
Board Decision Date: 01 Mar. 2021 |
| Regarding: |
Atlas Capital Financial Services Ltd |
| Legislation: |
The Investment Services and Regulated Markets Law of 2007, the Law on the Prevention and Combating of Money Laundering Act 2007, the Directive DI144-2007-08, the Regulation (EU) 648/2012 (EMIR) and the Law of the Cyprus Securities and Exchange Commission of 2009 |
| Subject: |
Administrative sanctions |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
11 Jun. 2021 |
Board Decision Date: 01 Mar. 2021 |
| Regarding: |
Mr. Petar Kazivoda, Mr. Dusko Knezevic, Mr. Aleksandar Krtinic and Mrs. Ljiljana Dragicevic |
| Legislation: |
Directive DI144-2007-01 of 2012 |
| Subject: |
Violation / Temporary prohibition of professional activity |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
01 Jun. 2021 |
Board Decision Date: 17 May. 2021 |
| Regarding: |
Mutual fund “BOC Common Funds” |
| Legislation: |
The Open Ended Undertakings for Collective Investment (UCI) Law |
| Subject: |
Dissolution of mutual fund |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
25 May. 2021 |
Board Decision Date: 17 May. 2021 |
| Regarding: |
HELVETIC AIFLNP VCIC LTD |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of AIFLNP authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 May. 2021 |
Board Decision Date: 17 May. 2021 |
| Regarding: |
Investment Compartment Alter Vesting 2-Bonds and Debt Instruments of the AIF ALTER VESTING AIF V.C.I.C. PLC |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of an AIF Investment Compartment authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
20 May. 2021 |
Board Decision Date: 10 May. 2021 |
| Regarding: |
Stocks Forex AF 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: |
19 May. 2021 |
Board Decision Date: 17 May. 2021 |
| Regarding: |
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: |
19 May. 2021 |
Board Decision Date: 12 Apr. 2021 |
| Regarding: |
Felicitas Management Investment 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: |
18 May. 2021 |
Board Decision Date: 10 May. 2021 |
| 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: |
18 May. 2021 |
Board Decision Date: 22 Mar. 2021 |
| Regarding: |
Rodeler 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 May. 2021 |
Board Decision Date: 08 Mar. 2021 |
| Regarding: |
Prior Capital Cy Ltd |
| Legislation: |
Τhe Investment Services and Activities and Regulated Markets Law |
| Subject: |
Settlement €100.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
29 Apr. 2021 |
Board Decision Date: 05 Apr. 2021 |
| Regarding: |
MPS Marketplace Securities 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: |
29 Apr. 2021 |
Board Decision Date: 12 Apr. 2021 |
| Regarding: |
Teletrade-DJ International Consulting Ltd |
| Legislation: |
Τhe Investment Services and Activities and Regulated Markets Law |
| Subject: |
Settlement €120.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
29 Apr. 2021 |
Board Decision Date: 19 Apr. 2021 |
| Regarding: |
Glenfinnian Bond Designated Activity Company και Pulteney Bond Designated Activity Company |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Suspension of trading of issuer bonds |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
29 Apr. 2021 |
Board Decision Date: 19 Apr. 2021 |
| Regarding: |
SFS Group Public Company Ltd. D.A.P.P. Digital Access Pass PTE Investments Public Company Ltd (ex Exelixi Investment Public Ltd), Karyes Investment Public Company Ltd and A.L. Prochoice Group 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: |
15 Apr. 2021 |
Board Decision Date: 15 Feb. 2021 |
| Regarding: |
AIF BAO Fund VCIC Ltd - Compartment (C)-G2 Shipping, Compartment (E)-Prior Multi - Pair High Growth System, Compartment (F)-All Weather DAPS and Compartment (G)-Healthcare Opportunities |
| Legislation: |
The Alternative Ivnvestment Funds Law |
| Subject: |
Withdrawal of AIF Investments Compartments authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
06 Apr. 2021 |
Board Decision Date: 29 Mar. 2021 |
| Regarding: |
Isxis Investment Public Ltd, Regallia Holdings & Investments Public Ltd, Aias Investment Public Ltd and Harvest Capital Management Public Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Suspension of trading of shares |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
30 Mar. 2021 |
Board Decision Date: 08 Mar. 2021 |
| Regarding: |
VPR Safe Financial Group Ltd |
| Legislation: |
Τhe Investment Services and Activities and Regulated Markets Law, Regulation (EU) 600/2014 |
| Subject: |
Settlement €100.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
26 Mar. 2021 |
Board Decision Date: 22 Mar. 2021 |
| Regarding: |
WS FINANCIAL AND INVESTMENT 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: |
26 Mar. 2021 |
Board Decision Date: 22 Mar. 2021 |
| Regarding: |
C.G. CAPITAL INVESTMENT LIMITED |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of AIFLNP authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
26 Mar. 2021 |
Board Decision Date: 22 Mar. 2021 |
| Regarding: |
QGF QUALITY GROWTH FUND LTD |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of AIFLNP authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
24 Mar. 2021 |
Board Decision Date: 01 Mar. 2021 |
| Regarding: |
X Global Markets Ltd |
| Legislation: |
Τhe Prevention and Suppression of Money Laundering and Terrorist Financing Law |
| Subject: |
Settlement €50.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
19 Mar. 2021 |
Board Decision Date: 16 Mar. 2021 |
| Regarding: |
Cyprus Trading Corporation Plc, Woolworth (Cyprus) Properties Plc και Ermes Department Stores 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 Mar. 2021 |
Board Decision Date: 08 Mar. 2021 |
| Regarding: |
Deloitte Investment Services 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: |
05 Mar. 2021 |
Board Decision Date: 26 Oct. 2020 |
| Regarding: |
CPI Holdings Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
05 Mar. 2021 |
Board Decision Date: 26 Oct. 2020 |
| Regarding: |
A.L. Prochoice Group Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €1.200 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
05 Mar. 2021 |
Board Decision Date: 26 Oct. 2020 |
| Regarding: |
Exelixi Investment Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €1.600 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
05 Mar. 2021 |
Board Decision Date: 26 Oct. 2020 |
| Regarding: |
Isxis Investment Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €3.150 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
05 Mar. 2021 |
Board Decision Date: 26 Oct. 2020 |
| Regarding: |
Regallia Holdings & Investments Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €3.150 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
05 Mar. 2021 |
Board Decision Date: 26 Oct. 2020 |
| Regarding: |
Rolandos Enterprises Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €4.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
05 Mar. 2021 |
Board Decision Date: 26 Oct. 2020 |
| Regarding: |
Harvest Capital Management Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €4.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
05 Mar. 2021 |
Board Decision Date: 26 Oct. 2020 |
| Regarding: |
Liberty Life Insurance Public Company Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €6.300 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
05 Mar. 2021 |
Board Decision Date: 26 Oct. 2020 |
| Regarding: |
Aias Investment Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €4.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
05 Mar. 2021 |
Board Decision Date: 26 Oct. 2020 |
| Regarding: |
KDM Shipping Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €6.300 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
05 Mar. 2021 |
Board Decision Date: 26 Oct. 2020 |
| Regarding: |
Ermes Department Stores Plc |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €6.300 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
05 Mar. 2021 |
Board Decision Date: 26 Oct. 2020 |
| Regarding: |
Woolworth (Cyprus) Properties Plc |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €6.300 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
05 Mar. 2021 |
Board Decision Date: 26 Oct. 2020 |
| Regarding: |
Cyprus Trading Corporation Plc |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine € 6.300 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
05 Mar. 2021 |
Board Decision Date: 22 Feb. 2021 |
| Regarding: |
Maxigrid Limited |
| Legislation: |
Τhe Investment Services and Activities and Regulated Markets Law |
| Subject: |
Settlement €75.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
01 Mar. 2021 |
Board Decision Date: 22 Jan. 2021 |
| Regarding: |
APHEA FUND AIF V.C.I.C. LTD |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of AIF authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
26 Feb. 2021 |
Board Decision Date: 08 Feb. 2021 |
| Regarding: |
Investment Compartment Skyprime Fund of the AIFLNP FIDESCORP VENTURES AIFLNP V.C.I.C. LTD |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of an AIFLNP Investment Compartment authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
26 Feb. 2021 |
Board Decision Date: 22 Feb. 2021 |
| Regarding: |
Alphakat AIFLNP V.C.I.C. Limited |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of AIFLNP authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
26 Feb. 2021 |
Board Decision Date: 08 Feb. 2021 |
| Regarding: |
Coverdeal Holdings 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: |
26 Feb. 2021 |
Board Decision Date: 22 Feb. 2021 |
| Regarding: |
Rolandos Enterprises 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: |
16 Feb. 2021 |
Board Decision Date: 15 Feb. 2021 |
| Regarding: |
Cyprus Trading Corporation Plc, Woolworth (Cyprus) Properties Plc and Ermes Department Stores 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: |
16 Feb. 2021 |
Board Decision Date: 08 Feb. 2021 |
| Regarding: |
SFS Group Public Company Ltd, Exelixi Investment Public Ltd, Karyes Investment Public Company Ltd, A.L. Prochoice Group Public Ltd and CPI Holdings 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: |
01 Feb. 2021 |
Board Decision Date: 18 Jan. 2021 |
| Regarding: |
Goldenburg Group Limited |
| Legislation: |
Τhe Investment Services and Activities and Regulated Markets Law |
| Subject: |
Settlement €270.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
01 Feb. 2021 |
Board Decision Date: 25 Jan. 2021 |
| Regarding: |
Glenfinnian Bond Designated Activity Company και Pulteney Bond Designated Activity Company |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Suspension of trading of issuer bonds |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
29 Jan. 2021 |
Board Decision Date: 25 Jan. 2021 |
| Regarding: |
Dimacos Fund Ltd |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of AIFLNP authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
29 Jan. 2021 |
Board Decision Date: 25 Jan. 2021 |
| Regarding: |
Indus Kamdhenu Fund Limited |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of AIFLNP authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
18 Jan. 2021 |
Board Decision Date: 11 Jan. 2021 |
| Regarding: |
Cyprus Trading Corporation Plc, Woolworth (Cyprus) Properties Plc, Ermes Department Stores Plc, Isxis Investment Public Ltd, Regallia Holdings & Investments Public Ltd, Aias Investment Public Ltd and Harvest Capital Management Public Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Suspension of trading of shares |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|