Cyprus’s financial regulator, the Cyprus Securities and Exchange Commission (Cysec) has announced that it has issued fines to two authorised financial services firms for compliance related activities. Cysec regulates all financial services products in the small Mediterranean island.
Details from the official notice are as follows:
The Committee of Cysec has decided on the 5 Nov 2012 to impose administrative fine of EUR 2000 to each of the CIFs Pulp Intl Business Ltd … [visit site to read more]
Read More... [Source: Forex Magnates - Posted by FreeAutoBlogger]
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