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CySEC Slaps €100K Fine on BDSwiss for Non-Compliance

CySEC Slaps €100K Fine on BDSwiss for Non-Compliance
The Cyprus Securities and Exchange Commission (CySEC) announced today (Thursday) its decision to impose an administrative penalty of €100,000 on BDSwiss Holding Ltd, the operator of forex and contracts for differences (CFDs) broker BDSwiss. The monetary penalty was imposed due to non-compliance, primarily around the mandatory requirements of initial margin and risk warning during 2021. CySEC Fines BDSwiss The Cyprus Investment Firm (CIF) company enabled "offshore companies with which it was asso... Read More
Posted: Jul 27 2023, 10:23
Author Name: financemagnates
Views: 092093

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