Cyprus Archives - FortuneZ

MAP S.Platis Helps Two Clients Obtain EMI Licenses in Cyprus

January 13, 2021

European regulatory consultant, MAP S.Platis, said it has concluded the application processes for two Electronic Money Institutions (EMIs) with the Central Bank of Cyprus (CBC) on behalf of its clients. Beco...

MAP S.Platis Concludes Second CySEC Regulatory Services Agreement

December 10, 2020

MAP S.Platis, a regulatory compliance consulting firm operating in the UK and EU, has announced on Thursday the conclusion of its second agreement with the Cyprus Securities and Exchange Commission (CySEC). ...

Hoch Capital, Rodeler Renounce Cyprus’ CIF License

July 22, 2020

The Cyprus Securities and Exchange Commission (CySEC) announced on Wednesday that two regulated companies – Hoch Capital Ltd and Rodeler Ltd – had renounced their Cyprus Investment Firm (CIF) authorization li...

Cyprus Parliament Begins Discussions On Sports Betting Law Amendment

June 30, 2020

Cyprus parliament begins discussions on sports betting law amendment. One of the proposed modifications to the sports betting legislation requires the use of a percentage of all tax revenue obtained from bett...

Melco Reopens Four Cyprus Casinos

June 16, 2020

Melco reopens four Cyprus Casinos. Melco Resorts reopened four of its Cyprus casinos on 13 June following a three-month closure due to COVID-19. Casinos in Limassol, Nicosia and Paphos reopened at 7 a.m. whi...

Former ADSS CEO Philippe Ghanem Becomes Executive Chairman at SquaredFinancial

April 11, 2020

Philippe Ghanem, known as an innovator and visionary in global financial markets, has become Chairman at SquaredFinancial, according to market sources. Ghanem co-founded the SquaredFinancial Group in 2005, b...

MAP S.Platis Procures First EU LPAIF License, Targeting New Investor Class

December 2, 2014

Following the passage of Alternative Investment Funds into the law in Cyprus, MAP S.Platis has earned its inaugural license for Limited Persons Alternative Investment Funds (LPAIF), targeting professional inv...