Topic Markets Renounces its Cypriot CIF License
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Topic Markets Renounces its Cypriot CIF License
The Cyprus Securities and Exchange Commission (CySEC) announced on Friday that the multi-asset brokerage firm Topic Markets Ltd, which operates under the trading name TMFX, has renounced its Cyprus Investment Firm (CIF) License, as of May 5, 2017.
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Although CySEC didn’t clearly state why Topic Markets has decided to say goodbye to its CIF authorization , the Cypriot watchdog has recently seen many regulated brokers opt to voluntary surrender their license of their own accord, and not as a result of any regulatory ... (read more)
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