Breaking: ACFX License Suspended by CySEC, Senior Executive Leaving

Moderator: moderators

kreslik.news
rank: 5000+ posts
rank: 5000+ posts
Posts: 5193
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 0
Gender: None specified

Breaking: ACFX License Suspended by CySEC, Senior Executive Leaving

Postby kreslik.news » Wed Apr 06, 2016 1:54 pm


The Cyprus Securities and Exchange Commission (CySEC) has announced that the license of Cyprus Investment Firm (CIF) Atlas Capital Financial Services Ltd, which is the parent company of ACFX, has been suspended.

According to the regulatory announcement there could be enough evidence for non-compliance with a set of regulatory provisions. The announcement comes after a report by Finance Magnates earlier this month that Chinese clients of the firm have been experiencing issues with their withdrawals.

The company’s Chief Marketing Officer has left the company, Finance Magnates confirmed. The Managing Director of ACFX Petar Gazivoda was not immediately available for a comment.

After ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”