CySEC Regulations |
Pulp International Business Ltd. FxPulp is regulated and licensed by
The Cyprus Securities and Exchange Commission (CySEC), under license reference: 095/08.
Cyprus Securities and Exchange Commission
We are regulated under MiFID (Markets in Financial Instruments Directive), a European Union law effective as of 1 November 2007, which provides a harmonized regulatory regime for investment services across the European Economic Area. The main objectives of the Directive are to increase competition and consumer protection in investment services.
CySEC is a public corporate body that supervises and controls operations and transactions carried out in the Stock Exchange, with the following responsibilities:
- Supervision and control of all operations and transactions carried out in the Stock Exchange.
- Supervision and control of the issuers of securities listed on the Stock Exchange, the licensed investment services companies as well as the collective investment schemes.
- To carry out inspections over companies, the securities of which are listed on the Stock Exchange, over brokers and brokerage firms, investment consultants, and mutual fund management companies.
- Requesting and collecting information necessary for the exercise of its responsibilities, to demand in writing the provision of information from all natural or legal individuals or organizations that are considered to be in a position to provide such information.
- To grant operation licenses to investment firms, including investment consultants, brokerage firms, and brokers.
- Recalling these operation licenses for special reasons, as it is more specifically determined in Regulations that are published in accordance with the Law of Establishment of the Cyprus Securities and Exchange Commission.
- Imposing administrative sanctions and disciplinary penalties to brokers, brokerage firms, investment consultants as well as to in any other legal or natural person whom fall under the provisions of the Stock Market legislation.
|
|
|