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CySEC withdraws CIF license of Fintailor
Abstract：The CIF license of Fintailor has been revoked by CySEC. This action taken by the regulatory signifies that Fintailor is no longer authorized to provide financial services under the CIF license.
The CIF license of Fintailor has been revoked by CySEC. This action taken by the regulatory signifies that Fintailor is no longer authorized to provide financial services under the CIF license.
The Cyprus Securities and Exchange Commission (CySEC) announces that, its meeting on 15th April 2024, has decided, under section 8(1)(a) of the Investment Services and Activities and Regulated Markets Law of 2017 and section 4(7) of Directive DI87-05, to withdraw the Cyprus Investment Firm authorisation with Number 133/11 cf Fintailor Investments Ltd (LEI)253400WVY97MTMFCOU22) ('the Company'), due to the Company's decision to expressly renounce it.
About CySEC
The Cyprus Securities and Exchange Commission (CySEC) is the independent public supervisory Authority responsible for the supervision of the investment services market, transactions in transferable securities carried out in the Republic of Cyprus, and the collective investment and asset management sector. It also supervises the firms offering administrative services which do not fall under the supervision of ICPAC and the Cyprus Bar Association, as well as Crypto-Asset Services Providers.
The mission of the CySEC is to exercise effective supervision to ensure investor protection and the healthy development of the securities market.
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