Mayzus Investment Company Fined €14K by CySEC

Moderator: moderators
rank: 1000+ posts
rank: 1000+ posts
Posts: 4444
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 0
Gender: None specified

Mayzus Investment Company Fined €14K by CySEC

Postby » Wed Mar 30, 2016 7:18 pm

Cyprus Securities and Exchange Commission (CySEC) today announced that on February 29 of this year it decided to impose a financial penalty on Mayzus Investment Company Ltd (Mayzus) in connection with legal and regulatory violations.

Mayzus is a foreign exchange market brokerage offering its services to European customers, registered and headquartered in Cyprus. According to the information provided on the company’s website, it holds licenses in eighteen different jurisdictions.

The total value of the fine amounted 12,000 euros and consisted of an 8,000 euro fine for non-compliance with section 58(a) of Money Laundering and Terrorist Financing Law of 2007 („L.188(I)/2007”) and ... (read more)

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

Return to “news”