| Announcement Date: |
02 Dec. 2022 |
Board Decision Date: 13 Dec. 2021 |
| Regarding: |
A.L. Prochoice Group Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €5.100 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Dec. 2022 |
Board Decision Date: 13 Dec. 2021 |
| Regarding: |
Aias Investment Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €5.100 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Dec. 2022 |
Board Decision Date: 13 Dec. 2021 |
| Regarding: |
KDM Shipping Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine €5.475 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
01 Dec. 2022 |
Board Decision Date: 28 Nov. 2022 |
| Regarding: |
Τristone Healthcare Bond Designated Activity Company |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Suspension of trading of issuer bonds |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
29 Nov. 2022 |
Board Decision Date: 03 Oct. 2022 |
| Regarding: |
Novox Capital Ltd |
| Legislation: |
The Cyprus Securities and Exchange Commission Law |
| Subject: |
Fine €100 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
18 Nov. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
LOMONOSOV INVESTMENTS FUND AIFLNP V.C.I.C. LTD |
| Legislation: |
The Cyprus Securities and Exchange Commission Law |
| Subject: |
Fine €100 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
17 Nov. 2022 |
Board Decision Date: 03 Oct. 2022 |
| Regarding: |
Royal Forex Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law of 2017 |
| Subject: |
Settlement €120.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
15 Nov. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
Q.C.M. QUALITY CAPITAL MANAGEMENT LIMITED |
| Legislation: |
The Cyprus Securities and Exchange Commission Law |
| Subject: |
Fine €100 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
15 Nov. 2022 |
Board Decision Date: 07 Nov. 2022 |
| Regarding: |
G2FUND AIFLNP V.C.I.C. LIMITED |
| Legislation: |
The Cyprus Securities and Exchange Commission Law |
| Subject: |
Fine €100 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
11 Nov. 2022 |
Board Decision Date: 11 Nov. 2022 |
| Regarding: |
FTX (EU) 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 Nov. 2022 |
Board Decision Date: 03 Oct. 2022 |
| Regarding: |
Corinth Fund Management Ltd |
| Legislation: |
The Alternative Investment Fund Managers Law |
| Subject: |
Withdrawal of AIFM authorization |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
14 Oct. 2022 |
Board Decision Date: 19 Sep. 2022 |
| Regarding: |
General Capital Brokers (GCB) Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Settlement €120.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
07 Oct. 2022 |
Board Decision Date: 26 Sep. 2022 |
| Regarding: |
Crowd Tech Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law, Regulation (EU) No. 600/2014 |
| Subject: |
Settlement €230.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
07 Oct. 2022 |
Board Decision Date: 26 Sep. 2022 |
| Regarding: |
Louis Plc |
| Legislation: |
Regulation (EU) No. 596/2014 |
| Subject: |
Settlement €10.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
07 Oct. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
RAIF BACHO INVESTMENT V.C.I.C. (RAIF) LTD (RAIF5) - Investment Compartment BACHO II FUND (RAIF5_2) |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of a RAIF Investment Compartment authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
07 Oct. 2022 |
Board Decision Date: 22 Aug. 2022 |
| Regarding: |
RAIF DAI INZU V.C.I.C. (RAIF) LTD (RAIF6) - Investment Compartment DAI INZU (IV) FUND (RAIF6_4) |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of a RAIF Investment Compartment authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
04 Oct. 2022 |
Board Decision Date: 12 Sep. 2022 |
| Regarding: |
IFC Investments Cyprus Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorization |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
30 Sep. 2022 |
Board Decision Date: 26 Sep. 2022 |
| Regarding: |
Isxis Investment Public Ltd, Regallia Holdings & Investments Public Ltd, Aias Investment Public Ltd, Triena Investments Public Company Ltd, Trading Corporation Plc, Ermes Department Stores Plc and Woolworth (Cyprus) Properties Plc |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Suspension of trading of shares |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
23 Sep. 2022 |
Board Decision Date: 02 Aug. 2021 |
| Regarding: |
D.A.P.P. Digital Access Pass PTE Investments Public Company Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine € 4.875 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
23 Sep. 2022 |
Board Decision Date: 02 Aug. 2021 |
| Regarding: |
Ισχύς Επενδυτική Δημόσια Λτδ |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine € 5.050 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
23 Sep. 2022 |
Board Decision Date: 02 Aug. 2021 |
| Regarding: |
Regallia Holdings & Investments Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine € 5.050 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
23 Sep. 2022 |
Board Decision Date: 02 Aug. 2021 |
| Regarding: |
SFS Group 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: |
23 Sep. 2022 |
Board Decision Date: 02 Aug. 2021 |
| Regarding: |
A.L. Prochoice Group Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine € 6.500 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
23 Sep. 2022 |
Board Decision Date: 02 Aug. 2021 |
| Regarding: |
Aias Investment Public Ltd |
| Legislation: |
The Transparency Requirements (Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total fine € 6.750 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
20 Sep. 2022 |
Board Decision Date: 12 Sep. 2022 |
| Regarding: |
Tristone Healthcare Bond Designated Activity Company |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Suspension of trading of issuer bonds |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
15 Sep. 2022 |
Board Decision Date: 05 Sep. 2022 |
| Regarding: |
Investment Compartment ‘IC Multistrategy Investment Compartment’ of the AIF ‘Mega Ploutos AIF Variable Capital Investment Company Plc’ |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of an AIF Investment Compartment authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
09 Sep. 2022 |
Board Decision Date: 11 Jul. 2022 |
| Regarding: |
AIF EURASIAN AMBASSADOR FUND (CYPRUS) AIF V.C.I.C. LIMITED |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of AIF authorization |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
08 Sep. 2022 |
Board Decision Date: 18 Jul. 2022 |
| Regarding: |
Zemblanco Investments Ltd |
| Legislation: |
Τhe Prevention and Suppression of Money Laundering and Terrorist Financing Law |
| Subject: |
Settlement €200.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
10 Aug. 2022 |
Board Decision Date: 18 Jul. 2022 |
| Regarding: |
ICC Intercertus Capital Limited |
| Legislation: |
Regulation (EU) No. 600/2014 |
| Subject: |
Settlement €100.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
09 Aug. 2022 |
Board Decision Date: 14 Mar. 2022 |
| Regarding: |
FXBFI Broker Financial Invest Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law, DI 144-2014-14 |
| Subject: |
Settlement €150.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
03 Aug. 2022 |
Board Decision Date: |
| Regarding: |
VPR Safe Financial Group Limited |
| 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: |
03 Aug. 2022 |
Board Decision Date: |
| Regarding: |
Exelcius Prime 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 Aug. 2022 |
Board Decision Date: 13 Sep. 2021 |
| Regarding: |
KDM Shipping Public Company Ltd |
| Legislation: |
The Transparency Requirements (Transferable Securities Admitted to Trading on a Regulated Market) Law |
| Subject: |
Total Fine €19.250 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Aug. 2022 |
Board Decision Date: 14 Mar. 2022 |
| Regarding: |
Magnum FX (Cyprus) Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law, DI 144-2014-14 |
| Subject: |
Settlement €150.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Aug. 2022 |
Board Decision Date: 14 Mar. 2022 |
| Regarding: |
F1 Markets Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law, DI 144-2014-14 |
| Subject: |
Settlement €150.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
26 Jul. 2022 |
Board Decision Date: 17 Jul. 2022 |
| Regarding: |
The Cyprus Cement Public Company Ltd |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit to takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
26 Jul. 2022 |
Board Decision Date: 11 Jul. 2022 |
| Regarding: |
MPS Marketplace Securities Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorization |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
26 Jul. 2022 |
Board Decision Date: 18 Jul. 2022 |
| Regarding: |
Sharelink Securities & Financial Services Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorization |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
25 Jul. 2022 |
Board Decision Date: 04 Jul. 2022 |
| Regarding: |
Triangleview Investments Ltd |
| Legislation: |
Τhe Investment Services and Activities and Regulated Markets Law |
| Subject: |
Settlement €50.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Jul. 2022 |
Board Decision Date: 04 Jul. 2022 |
| Regarding: |
Finteractive Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorization |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
18 Jul. 2022 |
Board Decision Date: 14 Jun. 2022 |
| Regarding: |
SQUARED AIFLNP V.C.I.C LTD |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of AIFLNP authorization |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
06 Jul. 2022 |
Board Decision Date: 16 May. 2022 |
| Regarding: |
BCM Begin Capital Markets CY Ltd |
| Legislation: |
Τhe Investment Services and Activities and Regulated Markets Law |
| Subject: |
Settlement €170.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
30 Jun. 2022 |
Board Decision Date: 23 May. 2022 |
| Regarding: |
Forex TB Ltd |
| Legislation: |
Τhe Investment Services and Activities and Regulated Markets Law, DI 144-2014-14 |
| Subject: |
Settlement €270.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
28 Jun. 2022 |
Board Decision Date: 20 Jun. 2022 |
| Regarding: |
Isxis Investment Public Ltd, Regallia Holdings & Investments Public Ltd, Aias Investment Public Ltd, Triena Investments Public Company Ltd, Cyprus Trading Corporation Plc, Ermes Department Stores Plc and Woolworth (Cyprus) Properties Plc |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Suspension of trading of shares |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Jun. 2022 |
Board Decision Date: 09 May. 2022 |
| Regarding: |
Spa Financial Services Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law
The Alternative Investment Fund Managers Law
|
| Subject: |
Withdrawal of CIF authorization Granting of AIFM authorization |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Jun. 2022 |
Board Decision Date: 02 May. 2022 |
| Regarding: |
Credit Financier Invest (CFI) Limited |
| Legislation: |
Τhe Prevention and Suppression of Money Laundering and Terrorist Financing Law |
| Subject: |
Settlement €150.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
17 Jun. 2022 |
Board Decision Date: 09 May. 2022 |
| Regarding: |
Board of Directors of Maxigrid Ltd – Messrs. Alexis Zampas, Pavlos Iosifides and Ioannis Chasikos (Directors) |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Violation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
17 Jun. 2022 |
Board Decision Date: 09 May. 2022 |
| Regarding: |
Board of Directors of Maxigrid Ltd – Mr. Nikolai Monogarov (Director) |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Violation/Prohibition in the exercise of professional activity |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
17 Jun. 2022 |
Board Decision Date: 09 May. 2022 |
| Regarding: |
Board of Directors of Maxigrid Ltd – Mrs Katerina Papanicolaou (Director) |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Violation/Prohibition in the exercise of professional activity |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
17 Jun. 2022 |
Board Decision Date: 09 May. 2022 |
| Regarding: |
Board of Directors of Maxigrid Ltd – Mrs Jekaterina Pedosa (Director) |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Violation/Fine €10.000/Prohibition in the exercise of professional activity |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|