The Cyprus Securities and Exchange Commission (CySEC) has announced the withdrawal of Investor Compensation Fund (ICF) membership for four investment firms: IFCM Cyprus Ltd, Arumpro Capital Ltd, Greenpost Trading Europe Ltd, and Reliantco Investments Ltd . This regulatory move comes after these companies lost their Cyprus Investment Firm (CIF) licenses , affecting their ability to provide financial services under CySEC’s framework. Impact on Investors Despite the ICF membership revocation, CySEC clarified that eligible clients can still claim compensation for investment operations conducted before the loss of membership status. This ensures that investors retain their rights under the Directive DI87-07 for the Operation of the ICF . According to CySEC, the withdrawal does not automatically eliminate clients’ rights to compensation . The regulator reassured investors that if they meet the necessary conditions, they can still receive financial compensation for any potential losses...

   The Cyprus Securities and Exchange Commission (CySEC) has unveiled a newly redesigned website aimed at improving navigation, accessibility, and functionality for regulated firms, investors, and the general public. This marks the first phase of an ambitious effort by CySEC to modernize its digital presence and provide a more streamlined experience for its stakeholders. Key Features of the New Website Upgraded Search Tool The website includes a powerful new search tool that allows users to quickly access detailed information about all current and former regulated firms. This feature is designed to enhance efficiency and support regulatory compliance by making information more accessible to users. Centralized Hub A comprehensive central hub has been integrated into the platform, serving as a one-stop resource for regulated entities and stakeholders. The hub provides access to important registries and portals, enabling firms to submit relevant information directly to CySEC. Spe...