Aggregated News From Investment Management Regulators

Suspension of Authorisation of F1MARKETS Limited by the Cyprus Securities and Exchange Commission – MFSA

Report/Flag

Please complete the required fields.



The Cyprus Securities and Exchange Commission has notified the Malta Financial Services Authority that, with effect from 1ST June 2020, it has suspended the authorisation of F1MARKETS Limited (“the Company”).

For as long as the suspension of the authorisation by CySEC is in force:

  1. The Company is not permitted to:

1.1 Provide/carry out investment services/activities.

1.2 Enter into any business transaction with any person and accept any new client.

1.3 Advertise itself as a provider of investment services.

  1. The Company, provided this is consistent with the wishes of its existing clients, may

proceed with the below actions:

2.1 Complete all its own transactions and those of its clients which are before it, in accordance with client instructions.

2.2 Return all funds and financial instruments which are attributable to its clients.

Until the aforementioned suspension of its authorisation remains in force, the Company is not authorised to passport its services in Malta under the Markets in Financial Instruments Directive (Directive 2014/65/EU) other than in accordance with the actions permitted in terms of (2) above.

Until the aforementioned suspension of the Company’s authorisation remains in force, the MFSA strongly advises against responding to any offer of financial services from F1MARKETS Limited.

Regulator Information

Abbreviation: MFSA
Jurisdiction: Malta

Recent Articles

Amendments to the Investment Services Rulebooks to Implement the Revised ESMA Guidelines on Stress Test Scenarios under the Money Market Funds Regulation

Amendments to the Investment Services Rulebooks to Implement the Revised ESMA Guidelines on Stress Test Scenarios under the Money Market Funds Regulation – MFSA

CVM discloses methodology for defining the size of large minimum lots (art. 95, § 1, of CVM Resolution 135)

This post was translated by Regulatory.News for informational purposes only; the content below is not an official translation from the regulator. See the content...

Truist Investment

We believe this firm may be providing financial services or products in the UK without our authorisation. Find out why you should be wary...

Industry Circular No. 5 of 2022 – Legislative Updates

The BVI Business Companies Act & The BVI Business Companies Regulations Receive Significant Updates The BVI Business Companies (Amendment) Act, 2022 ("the Amendment Act") and the...

Get the latest from Regulatory.News in your inbox!

×