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:
Decision
Decision
|
|
|
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: |
Συνολικό πρόστιμο € 20.000 |
Judicial Review: |
YES
(09 Aug. 2017)
NO
|
Judicial Review Ruling:
Decision
Decision
|
|
|
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:
DECISION
DECISION
|
|
|
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:
|
|
|