Announcement Date: |
16 Apr. 2024 |
Board Decision Date: 08 Apr. 2024 |
Regarding: |
Stockstech Investments 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: |
16 Apr. 2024 |
Board Decision Date: 04 Mar. 2024 |
Regarding: |
AAA Trade 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: |
16 Apr. 2024 |
Board Decision Date: 02 Apr. 2024 |
Regarding: |
FTX (EU) Ltd |
Legislation: |
The Investment Services and Activities and Regulated Markets Law
|
Subject: |
Extension to the suspension of CIF licence |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
10 Apr. 2024 |
Board Decision Date: 19 Mar. 2024 |
Regarding: |
Veles International Ltd |
Legislation: |
The Investment Services and Activities and Regulated Markets Law |
Subject: |
Influence exercised by Mr. Dmitry Vitalyevich Bugayenko to the sound and prudent management of the CIF Veles International Ltd |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
08 Apr. 2024 |
Board Decision Date: 19 Mar. 2023 |
Regarding: |
OTKRITIE BROKER LTD |
Legislation: |
The Investment Services and Activities and Regulated Markets Law |
Subject: |
Influence exercised by Otkritie FC Bank to the sound and prudent management of the CIF Otkritie Broker Ltd |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
05 Apr. 2024 |
Board Decision Date: 12 Feb. 2024 |
Regarding: |
Triumph Int. (Cyprus) Ltd |
Legislation: |
The Investment Services and Activities and Regulated Markets Law |
Subject: |
Influence exercised by Mr. Chong Chun Hseung to the sound and prudent management of the Triumph Int. (Cyprus) Ltd |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
03 Apr. 2024 |
Board Decision Date: 26 Mar. 2024 |
Regarding: |
Toxotis Investments Public Ltd |
Legislation: |
The Investment Services and Activities and Regulated Markets Law
|
Subject: |
Suspension of trading of shares |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
02 Apr. 2024 |
Board Decision Date: 29 Jan. 2024 |
Regarding: |
Notesco Financial Services Ltd |
Legislation: |
Regulation (EU) Νο. 600/2014 |
Subject: |
Settlement €100.000 |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
02 Apr. 2024 |
Board Decision Date: 12 Feb. 2024 |
Regarding: |
Noteris Services Ltd |
Legislation: |
Τhe Investment Services and Activities and Regulated Markets Law
|
Subject: |
Settlement €50.000 |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
02 Apr. 2024 |
Board Decision Date: 19 Mar. 2024 |
Regarding: |
Crowd Tech Ltd |
Legislation: |
The Investment Services and Activities and Regulated Markets Law |
Subject: |
Influence exercised by Petros Zachariades to the sound and prudent management of the CIF Crowd Tech Ltd |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
28 Mar. 2024 |
Board Decision Date: 19 Mar. 2024 |
Regarding: |
Louis Plc |
Legislation: |
The Takeover Bids Law
|
Subject: |
Exception from a mandatory obligation to submit to takeover bid |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
13 Mar. 2024 |
Board Decision Date: 26 Feb. 2024 |
Regarding: |
Treefund AIFLNP V.C.I.C. Ltd |
Legislation: |
The Cyprus Securities and Exchange Commission Law
The Alternative Investment Funds Law |
Subject: |
Total Fine €25.000 |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
12 Mar. 2024 |
Board Decision Date: 15 Jan. 2024 |
Regarding: |
Fiduserve Asset Management Ltd |
Legislation: |
The Investment Services and Activities and Regulated Markets Law |
Subject: |
Total fine €50.000 |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
11 Mar. 2024 |
Board Decision Date: 12 Feb. 2024 |
Regarding: |
Treefund AIFLNP V.C.I.C. Ltd |
Legislation: |
Τhe Prevention and Suppression of Money Laundering and Terrorist Financing Law, Directive for the Prevention and Suppression of Money Laundering and Terrorist Financing |
Subject: |
Total Fine €1.500 |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
20 Feb. 2024 |
Board Decision Date: 09 Oct. 2023 |
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: |
14 Feb. 2024 |
Board Decision Date: 15 Jan. 2024 |
Regarding: |
RAIF ENSO Energy Investments RAIF V.C.I.C. Ltd - Investment Compartment Multi Asset |
Legislation: |
The Alternative Investment Funds Law |
Subject: |
Withdrawal of a RAIF Investment Compartment authorisation |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
08 Feb. 2024 |
Board Decision Date: 29 Jan. 2024 |
Regarding: |
Deltamark Fund Management Ltd |
Legislation: |
The Alternative Investment Fund Managers Law
|
Subject: |
Withdrawal of AIFM operation license |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
08 Feb. 2024 |
Board Decision Date: 04 Dec. 2023 |
Regarding: |
Leverate 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: |
08 Feb. 2024 |
Board Decision Date: 11 Dec. 2023 |
Regarding: |
Fintailor Investments Ltd |
Legislation: |
The Prevention and Suppression of Money Laundering and Terrorist Financing Law, Directive for the Prevention and Suppression of Money Laundering and Terrorist Financing
|
Subject: |
Settlement €200.000 |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
08 Feb. 2024 |
Board Decision Date: 29 Jan. 2024 |
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: |
06 Feb. 2024 |
Board Decision Date: 29 Jan. 2024 |
Regarding: |
Inveqo Fund Management Ltd |
Legislation: |
The Alternative Investment Fund Managers Law
|
Subject: |
Withdrawal of AIFM operation license |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
31 Jan. 2024 |
Board Decision Date: 23 Oct. 2023 |
Regarding: |
Investment Compartments AFK Middle East RAIF Sub Fund (RAIF54_1) and AFK Asia RAIF Sub Fund (RAIF54_2) of the RAIF AFK Multi RAIF V.C.I.C. Plc |
Legislation: |
The Alternative Investment Funds Law |
Subject: |
Withdrawal of Registration in the RAIF’s Register of RAIF’s Investment Compartments |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
30 Jan. 2024 |
Board Decision Date: 22 Jan. 2024 |
Regarding: |
Toxotis Investments Public Ltd, Isxis Investment Public Ltd, Regallia Holdings & Investments Public Ltd and Aias Investment Public Ltd |
Legislation: |
The Investment Services and Activities and Regulated Markets Law
|
Subject: |
Suspension of trading of shares |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
30 Jan. 2024 |
Board Decision Date: 23 Oct. 2023 |
Regarding: |
Directors of the Cyprus Trading Corporation Plc |
Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law
|
Subject: |
Settlement |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
30 Jan. 2024 |
Board Decision Date: 23 Oct. 2023 |
Regarding: |
Directors of the Woolworth (Cyprus) Properties Plc |
Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
Subject: |
Settlement |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
29 Dec. 2023 |
Board Decision Date: 27 Mar. 2023 |
Regarding: |
NAGA MARKETS EUROPE LTD |
Legislation: |
Τhe Investment Services and Activities and Regulated Markets Law Regulation (EU) 600/2014 |
Subject: |
Settlement €150.000 |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
28 Dec. 2023 |
Board Decision Date: 11 Dec. 2023 |
Regarding: |
Polyvalent Capital Management Limited |
Legislation: |
The Alternative Investment Fund Managers Law
|
Subject: |
Withdrawal of AIFM operation license |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
28 Dec. 2023 |
Board Decision Date: 04 Dec. 2023 |
Regarding: |
BCM Begin Capital Markets CY Ltd |
Legislation: |
Τhe Investment Services and Activities and Regulated Markets Law, Regulation (EU) 1286/2014 |
Subject: |
Settlement €50.000 |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
21 Dec. 2023 |
Board Decision Date: 04 Dec. 2023 |
Regarding: |
Triumph Int. (Cyprus) Ltd |
Legislation: |
The Investment Services and Activities and Regulated Markets Law
|
Subject: |
Influence exercised by Chong Chun Hseung to the sound and prudent management of the Triumph Int. (Cyprus) Ltd |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
21 Dec. 2023 |
Board Decision Date: 11 Dec. 2023 |
Regarding: |
Cyprus Trading Corporation Plc, Woolworth (Cyprus) Properties Plc, Ermes Department Stores Plc and Aias Investment Public Ltd |
Legislation: |
The Investment Services and Activities and Regulated Markets Law
|
Subject: |
Suspension of trading of shares |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
21 Dec. 2023 |
Board Decision Date: 11 Dec. 2023 |
Regarding: |
NTBP Management Company Limited |
Legislation: |
The Alternative Investment Fund Managers Law |
Subject: |
Withdrawal of AIFM operation license |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
20 Dec. 2023 |
Board Decision Date: 11 Dec. 2023 |
Regarding: |
A.Tsokkos Hotels Public Ltd, Toxotis Investments Public Ltd, Dome Investments Public Company Ltd, Isxis Investment Public Ltd και Regallia Holdings & Investments Public Ltd |
Legislation: |
The Investment Services and Activities and Regulated Markets Law |
Subject: |
Suspension of trading of shares |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
11 Dec. 2023 |
Board Decision Date: 16 Oct. 2023 |
Regarding: |
AAA Regent (Trustees) Limited |
Legislation: |
The Prevention and Suppression of Money Laundering and Terrorist Financing Law
|
Subject: |
Re-examination |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
08 Dec. 2023 |
Board Decision Date: 24 Apr. 2023 |
Regarding: |
Aias Investment Public Ltd |
Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
Subject: |
Total fine €9.500 |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
08 Dec. 2023 |
Board Decision Date: 24 Apr. 2023 |
Regarding: |
KDM Shipping Public Ltd |
Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
Subject: |
Total fine €9.500 |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
08 Dec. 2023 |
Board Decision Date: 24 Apr. 2023 |
Regarding: |
MLK Foods Public Company Ltd |
Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
Subject: |
Total fine €8.500 |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
08 Dec. 2023 |
Board Decision Date: 24 Apr. 2023 |
Regarding: |
Cyprus Trading Corporation Plc |
Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
Subject: |
Fine €7.500 |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
08 Dec. 2023 |
Board Decision Date: 24 Apr. 2023 |
Regarding: |
Woolworth (Cyprus) Properties Plc |
Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
Subject: |
Fine €7.500 |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
08 Dec. 2023 |
Board Decision Date: 24 Apr. 2023 |
Regarding: |
Ermes Department Stores Plc |
Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
Subject: |
Fine €7.500 |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
08 Dec. 2023 |
Board Decision Date: 24 Apr. 2023 |
Regarding: |
Isxis Investment Public Ltd |
Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
Subject: |
Fine €7.500 |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
08 Dec. 2023 |
Board Decision Date: 24 Apr. 2023 |
Regarding: |
Regallia Holdings & Investments Public Ltd |
Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
Subject: |
Fine €3.750 |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
08 Dec. 2023 |
Board Decision Date: 24 Apr. 2023 |
Regarding: |
Karyes Investment Public Company 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: |
08 Dec. 2023 |
Board Decision Date: 24 Apr. 2023 |
Regarding: |
Harvest Capital Management 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: |
08 Dec. 2023 |
Board Decision Date: 24 Apr. 2023 |
Regarding: |
Toxotis Investments Public Ltd |
Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
Subject: |
Fine €2.750 |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
08 Dec. 2023 |
Board Decision Date: 24 Apr. 2023 |
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: |
08 Dec. 2023 |
Board Decision Date: 24 Apr. 2023 |
Regarding: |
Seabird Exploration Plc |
Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
Subject: |
Total Fine €1.000 |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
07 Dec. 2023 |
Board Decision Date: 23 Oct. 2023 |
Regarding: |
AIF GG Aspire AIF V.C.I.C. Limited |
Legislation: |
The Alternative Investment Funds Law |
Subject: |
Withdrawal of AIF authorisation |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
07 Dec. 2023 |
Board Decision Date: 23 Oct. 2023 |
Regarding: |
Apollo (Cyprus) Limited |
Legislation: |
Τhe Prevention and Suppression of Money Laundering and Terrorist Financing Law, Directive for the Prevention and Suppression of Money Laundering and Terrorist Financing |
Subject: |
Total Fine €1,500 |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
07 Dec. 2023 |
Board Decision Date: 23 Oct. 2023 |
Regarding: |
Enter Winglobe Management Ltd |
Legislation: |
Τhe Prevention and Suppression of Money Laundering and Terrorist Financing Law, Directive for the Prevention and Suppression of Money Laundering and Terrorist Financing |
Subject: |
Total Fine €1,500 |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
Announcement Date: |
07 Dec. 2023 |
Board Decision Date: 23 Oct. 2023 |
Regarding: |
Egard Management Ltd |
Legislation: |
Τhe Prevention and Suppression of Money Laundering and Terrorist Financing Law, Directive for the Prevention and Suppression of Money Laundering and Terrorist Financing |
Subject: |
Total Fine €4,000 |
Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|