CySEC-Regulated Arm of Capital Index Renounces its Cypriot CIF License

[kreslik.news]

The Cyprus Securities and Exchange Commission (CySEC) today made a public notice that Capital Index (Cyprus) Ltd, the Cyprus-based arm of multi-regulated brokerage firm Capital Index, has applied to renounce its Cyprus Investment Firm (CIF) License.

The Cypriot watchdog made it clear that the Capital Index’s surrender of license is entirely voluntary based on company’s decision and does not arise as a result of any regulatory action taken by the CySEC.

Although the regulator didn’t clearly state why Capital Index has decided to say goodbye to its CIF authorization, it has recently seen many regulated brokers opt to voluntary ... ([url=https://www.financemagnates.com/forex/brokers/cysec-regulated-arm-of-capital-index-renounces-its-cypriot-cif-license/]read more)