| 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:
|
|
|
| Announcement Date: |
06 Jul. 2016 |
Board Decision Date: 13 Jun. 2016 |
| Regarding: |
Modestou Sound & Vision Public Company Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
06 Jul. 2016 |
Board Decision Date: 13 Jun. 2016 |
| Regarding: |
Agroton Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €1.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
29 Jun. 2016 |
Board Decision Date: 07 Mar. 2016 |
| Regarding: |
Karkotis Manufacturing & Trading Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total Fine €13.500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
29 Jun. 2016 |
Board Decision Date: 07 Mar. 2016 |
| Regarding: |
Firstdelos Group Plc |
| 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: |
29 Jun. 2016 |
Board Decision Date: 07 Mar. 2016 |
| Regarding: |
Ceilfloor Public Company Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €13.500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
29 Jun. 2016 |
Board Decision Date: 07 Mar. 2016 |
| Regarding: |
Phil. Andreou Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €13.500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
29 Jun. 2016 |
Board Decision Date: 07 Mar. 2016 |
| Regarding: |
Charilaos Apostolides Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €13.500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
29 Jun. 2016 |
Board Decision Date: 07 Mar. 2016 |
| Regarding: |
Cyprint Plc |
| 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: |
29 Jun. 2016 |
Board Decision Date: 07 Mar. 2016 |
| Regarding: |
L.P. Transbeton Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €12.500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
29 Jun. 2016 |
Board Decision Date: 07 Mar. 2016 |
| Regarding: |
Karaolis Group Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €12.500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
29 Jun. 2016 |
Board Decision Date: 07 Mar. 2016 |
| Regarding: |
KDM Shipping Public Ltd |
| Legislation: |
he Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Fine €3.750 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
29 Jun. 2016 |
Board Decision Date: 07 Mar. 2016 |
| Regarding: |
Elma Holding 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: |
29 Jun. 2016 |
Board Decision Date: 07 Mar. 2016 |
| Regarding: |
Jupiter Portfolio Investments Public Company Ltd |
| 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: |
29 Jun. 2016 |
Board Decision Date: 07 Mar. 2016 |
| Regarding: |
Liberty Life Insurance Public Company Ltd |
| 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: |
29 Jun. 2016 |
Board Decision Date: 07 Mar. 2016 |
| Regarding: |
Δωδώνη Επενδύσεις Χαρτοφυλακίου Δημόσια Εταιρεία Λτδ |
| 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: |
29 Jun. 2016 |
Board Decision Date: 07 Mar. 2016 |
| Regarding: |
Agroton Public Ltd |
| 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: |
28 Jun. 2016 |
Board Decision Date: 27 Jun. 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:
|
|
|
|
|