| 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:
|
|
|
| Announcement Date: |
17 Jun. 2022 |
Board Decision Date: 09 May. 2022 |
| Regarding: |
Board of Directors of Maxigrid Ltd – Mr. Roy Almagor (Director) |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Violation/Fine €200.000/Prohibition in the exercise of professional activity |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
15 Jun. 2022 |
Board Decision Date: 03 Jun. 2022 |
| Regarding: |
Ellinas Finance Public Company Limited |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit to takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
07 Jun. 2022 |
Board Decision Date: 28 Mar. 2022 |
| Regarding: |
Maxigrid Ltd |
| Legislation: |
The Investor Compensation Fund Directive |
| Subject: |
Initiation of the compensation payment process by the Investor Compensation Fund (I.C.F.) |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Jun. 2022 |
Board Decision Date: 16 May. 2022 |
| Regarding: |
UCITS GMM Funds |
| Legislation: |
The Open-Ended Undertakings for Collective Investment Law |
| Subject: |
Mergers between UCITS |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
17 May. 2022 |
Board Decision Date: 17 Aug. 2021 |
| Regarding: |
Woodbrook Group Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorization |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
17 May. 2022 |
Board Decision Date: 31 Jan. 2022 |
| Regarding: |
Mount Nico Corp Ltd |
| Legislation: |
Τhe Investment Services and Activities and Regulated Markets Law |
| Subject: |
Settlement €290.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
09 May. 2022 |
Board Decision Date: 28 Mar. 2022 |
| Regarding: |
VEROSTAR FUND AIFLNP LTD |
| Legislation: |
The Cyprus Securities and Exchange Commision Law |
| Subject: |
Fine €100 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
09 May. 2022 |
Board Decision Date: 14 Mar. 2022 |
| Regarding: |
GH CAPITAL INVESTMENT FUNDS LTD |
| Legislation: |
The Cyprus Securities and Exchange Commision Law |
| Subject: |
Total Fine €300 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
06 May. 2022 |
Board Decision Date: 14 Mar. 2022 |
| Regarding: |
Finteractive Ltd |
| Legislation: |
Τhe Investment Services and Activities and Regulated Markets Law |
| Subject: |
Settlement €100.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Apr. 2022 |
Board Decision Date: 18 Apr. 2022 |
| Regarding: |
Isxis Investment Public Ltd, Regallia Holdings & Investments Public Ltd, Aias Investment Public Ltd, A.L. Prochoice Group Public Ltd, Triena Investments Public Company Ltd, Cyprus Trading Corporation Plc, Ermes Department Stores Plc and Woolworth (Cyprus) Properties Plc |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Suspension of trading of shares |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
19 Apr. 2022 |
Board Decision Date: 28 Mar. 2022 |
| Regarding: |
BrokerCreditService (Cyprus) Limited |
| Legislation: |
Regulation (EU) 596/2014 on Market Abuse |
| Subject: |
Fine €10.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
19 Apr. 2022 |
Board Decision Date: 28 Mar. 2022 |
| Regarding: |
Ayers Alliance Financial Group Limited |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Imposition of sanction and measure |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
18 Apr. 2022 |
Board Decision Date: 08 Mar. 2022 |
| Regarding: |
RMG Holding Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorization |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
18 Apr. 2022 |
Board Decision Date: 04 Apr. 2022 |
| Regarding: |
ED&F MAN Capital Markets CEEMA Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorization |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
15 Apr. 2022 |
Board Decision Date: 28 Mar. 2022 |
| Regarding: |
Hoch Capital Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorization |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
13 Apr. 2022 |
Board Decision Date: 04 Apr. 2022 |
| Regarding: |
The Cyprus Cement Public Company Ltd |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit to takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
06 Apr. 2022 |
Board Decision Date: 14 Mar. 2022 |
| Regarding: |
Capital Com SV Investments Ltd |
| Legislation: |
Regulation (EU) 596/2014 on Market Abuse |
| Subject: |
Fine €10.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
21 Mar. 2022 |
Board Decision Date: 08 Mar. 2022 |
| Regarding: |
RAIF RIONE 7 V.C.I.C. (RAIF) LTD |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Mergers between RAIFs Investments Compartments |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
18 Mar. 2022 |
Board Decision Date: 14 Mar. 2022 |
| Regarding: |
Isxis Investment Public Ltd, Regallia Holdings & Investments Public Ltd, Aias Investment Public Ltd, A.L. Prochoice Group Public Ltd, Triena Investments Public Company Ltd, Toxotis Investments Public Ltd, Cyprus Trading Corporation Plc, Ermes Department Stores Plc and Woolworth (Cyprus) Properties Plc |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Suspension of trading of shares |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
15 Mar. 2022 |
Board Decision Date: 13 Dec. 2021 |
| Regarding: |
AIFLNP GH CAPITAL INVESTMENT FUNDS AIFLNP V.C.I.C. LTD – Investments Compartments Sub-Fund «CHINA», Sub-Fund «NADEJNIY», Sub-Fund «HEALTHCARE», Sub-Fund «DIVIDEND», Sub-Fund «TELECOMMUNICATIONS», Sub-Fund «BRIC: BRAZIL, RUSSIA, INDIA, CHINA», Sub-Fund «TECHNOLOGIES», Sub-Fund «4 ASIAN TIGERS», Sub-Fund «BIOTECHNOLOGIES», Sub-Fund «UTILITIES», Sub-Fund «FINANCIALS», Sub-Fund «FINANCIALS», Sub-Fund «CONSUMER SECTOR», Sub-Fund «FOND SMESHANNYH INVESTICIY», Sub-Fund «US REIT» and Sub-Fund «CONSERVATIVE “II”» |
| Legislation: |
The Alternative Investment Funds Law |
| Subject: |
Withdrawal of AIFLNP Investments Compartments authorisation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
24 Feb. 2022 |
Board Decision Date: 14 Feb. 2022 |
| Regarding: |
Maxigrid Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Withdrawal of CIF authorization |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
14 Feb. 2022 |
Board Decision Date: 14 Feb. 2022 |
| Regarding: |
Constantinou Bros Hotels Public Company Limited |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Prohibition in the publication of an Offer Document |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
02 Feb. 2022 |
Board Decision Date: 27 Jan. 2022 |
| Regarding: |
Isxis Investment Public Ltd, Regallia Holdings & Investments Public Ltd, Aias Investment Public Ltd, A.L. Prochoice Group Public Ltd, Triena Investments Public Company Ltd, Harvest Capital Management Public Ltd, Toxotis Investments Public Ltd, Cyprus Trading Corporation Plc, Ermes Department Stores Plc και Woolworth (Cyprus) Properties Plc |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Suspension of trading of shares |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
26 Jan. 2022 |
Board Decision Date: 17 Jan. 2022 |
| Regarding: |
Karyes Investment Public Company Ltd |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Suspension of trading of shares |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
24 Jan. 2022 |
Board Decision Date: 11 Oct. 2021 |
| Regarding: |
Atlantic Securities Ltd |
| Legislation: |
Regulation (EU) 596/2014 on Market Abuse |
| Subject: |
Fine €3.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
19 Jan. 2022 |
Board Decision Date: 07 Dec. 2021 |
| Regarding: |
PMT MATRIX CAPITAL LTD |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law
The Alternative Investment Fund Managers Law
The Open-Ended Undertakings for Collective Investment Law
|
| Subject: |
Withdrawal of CIF authorisation Granting of AIFM and UCITS Management Competent authorization |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
13 Jan. 2022 |
Board Decision Date: 29 Jun. 2021, 13 Dec. 2021 |
| Regarding: |
Alkis H. Hadjikyriacos (Frou – Frou Biscuits) Public Ltd |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit to takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
30 Dec. 2021 |
Board Decision Date: 20 Dec. 2021 |
| Regarding: |
Cosmos Insurance Public Company Limited |
| Legislation: |
The Takeover Bids Law |
| Subject: |
Exception from a mandatory obligation to submit to takeover bid |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
28 Dec. 2021 |
Board Decision Date: 20 Dec. 2021 |
| Regarding: |
Toxotis Investments Public Ltd, Cyprus Trading Corporation Plc, Ermes Department Stores Plc και Woolworth (Cyprus) Properties Plc |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Suspension of trading of shares |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
23 Dec. 2021 |
Board Decision Date: 19 Jul. 2021 |
| Regarding: |
Anthimos, Leonidou and Partners Ltd (auditors of AFX Capital Markets Ltd) |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law of 2007 |
| Subject: |
Fine € 100.000 |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
23 Dec. 2021 |
Board Decision Date: 19 Jul. 2021 |
| Regarding: |
BDO Ltd (auditors of AFX Capital Markets Ltd) |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law of 2007 |
| Subject: |
Fine € 100.000 |
| Judicial Review: |
YES
(23 Feb. 2022)
NO
|
Judicial Review Ruling:
|
|
|
| Announcement Date: |
23 Dec. 2021 |
Board Decision Date: 19 Jul. 2021 |
| Regarding: |
Board of Directors of AFX Capital Markets Ltd - Messrs. Costas Georgiades, Elena Economides Demetriou, Andreas Papagapiou (Directors) |
| Legislation: |
The Investment Services and Activities and Regulated Markets Law |
| Subject: |
Violation |
| Judicial Review: |
YES
()
NO
|
Judicial Review Ruling:
|
|
|