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As CySEC’s attitude of adopting more stringent licensing guidelines and operating regulations becomes ever clearer, certain aspects of the rules and operations start to come into sharper focus. Among those is what the regulator calls the freedom to provide investment and ancillary services and/or perform investment activities in a third country.
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CySEC today sent a circular to its regulated brokers, in which it mentioned some basic rules that every broker has to obey, effective May 31, 2017.
According to the circular, onboarding overseas clients broker ... (read more)