CySEC draws the attention of CIFs to the Sapin 2 law.
Cyprus Investment Firms (CIFs)
Live: CySec Chairman Demetra Kalogerou goes ballistic, gets executives of Cyprus FX firms in a room and absolutely lambasts them
CySec Chairman Demetra Kalogerou dresses down the entire retail FX industry on the island, telling executives that she does not like IBs, wants to outlaw call centers and has drastic changes ahead, delivered in a powerful and extremely assertive manner
It took a whole weekend for Cyprus’ regulator to change its mind on licenses withdrawn.
Tenor of binary options should be at least 5 minutes, with investors to be able to exit before expiry.