Cyprus (CySEC) Forex License
The financial services regulatory body in Cyprus is the 'Cyprus Securities and Exchange Commission' (CySEC). Being a member of the EU, Cyprus is in full compliance and duly harmonized with the EU Markets in Financial Instruments Directive (MiFID).
During the last 5 years Cyprus has established itself as an excellent Forex environment and a financial services jurisdiction. Cyprus' EU membership and its MiFID harmonized status enables CySEC regulated Firms to an immediate access and easy set up in prestigious financial markets within the EU (London, Frankfurt etc.).
Our team of regulatory lawyers and compliance consultants guide our clients on setting up their FX Investment Brokerage business and Market Making firms under CySEC (MiFID), and operate as duly licensed and regulated investment services firms from Cyprus in the EU, Russia, the Middle East, Africa, Asia or other third countries.
Cyprus FX in bullet points:
Regulatory Body: Cyprus Securities and Exchange Commission (CySEC)
License: Cyprus Investment Firm (CIF)
EU Directive Regulating Investment Firms operating in the EU: Market in Financial Investments Directive (MiFID)
Cyprus law applying MiFID: Cyprus Investments Services and Activities and Regulated Markets Law 144(I)/2007, as amended
Services that a CIF covers, and capital requirements: click here
Our team acts as "one-stop-shop" service provider offering the whole set up, from the preparation, drafting and submission of the application to CySEC to on-going post-submission support up to granting of the EU MiFID CySEC license, authorising therefore the Investment Firm to provide investment services in the EU according to the applicable laws, and post-licensing support.
For more details as to how can we help you, please contact us now.