Regulation on Virtual Currencies – C244

As in accordance with CySEC Circular 244 – Trading in virtual currencies and/or trading on contracts for differences relating to virtual currencies, CySEC sets preliminary regulatory requirements regarding the trading of virtual currencies or related contracts of differences in anticipation of the official position of European authorities. It should be noted that there is no specific EU…

New Marketing Conditions in Spain – C210

In accordance with Circular 210 – New requirements of the Spanish Securities and Exchange Commission (the “CNMV”) regarding the provision of warnings on complex financial instruments to retail clients resided in Spain, CySEC informs Cypriot Investment Firms to adjust their business models to include new specifications when soliciting clients within the territory of Spain. In…

New Marketing Conditions in Germany – C208

In accordance with Circular 208 – BaFin’s General Administrative Act regarding the restriction of marketing, distribution and sale of financial contracts for difference (CFDs) should they have an additional payments obligation, to retail clients in the territory of Germany, CySEC informs Cypriot Investment Firms to adjust their business models and marketing campaigns to include the…