CySEC Withdraws Licences And Memberships In Strategic Regulatory Action

by THEFUTURE.TEAM

September 5, 2025

Reinforcing Regulatory Compliance

The Cyprus Securities and Exchange Commission (CySEC) has taken decisive steps to ensure market integrity by withdrawing the Cyprus Investment Firm licence from Fibo Markets Ltd, following the firm’s own decision to renounce its authorisation. Concurrently, the regulator has terminated Investors Compensation Fund (ICF) membership for four additional firms, reflecting a broader push for heightened regulatory discipline.

Licence Withdrawal And Membership Termination

At its meeting on August 25, 2025, CySEC confirmed the withdrawal of Fibo Markets Ltd’s licence and the removal of Oasis Wealth Management Ltd, The Alternative GMI Ltd, Itrade Global (CY) Ltd, and Viverno Markets Ltd from the ICF. These measures come on the heels of earlier decisions to revoke operating licences for the affected entities, including the withdrawal of the licence for Oasis Wealth Management Ltd as a UCITS management company and the revocation of The Alternative GMI Ltd’s authorisation as an Alternative Investment Fund Manager.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Client Compensation And Future Procedures

CySEC has underscored that former clients of these firms will still retain their rights to compensation for investment operations conducted prior to the regulatory changes, provided that the eligibility criteria are met. Moreover, the regulator has affirmed that the initiation of compensation procedures remains available where necessary, ensuring that client protections are maintained.

Industry Ramifications

This pronounced regulatory intervention not only safeguards investor interests but also reinforces the importance of continual compliance in a dynamic financial landscape. By retracting the licences and ICF membership of these entities, CySEC is setting a benchmark of accountability that may reverberate throughout the industry, prompting firms to re-evaluate their operational standards to remain competitive and compliant.

The Future Forbes Realty Global Properties

Brussels Urges Immediate EU Approval Of New Russia Sanctions And €90 Billion Ukraine Aid Plan

by THEFUTURE.TEAM

February 18, 2026

Strategic Support For Ukraine Amid Crisis

The Economic and Financial Affairs Council, meeting under the Cyprus Presidency, approved a €90 billion loan package intended to cover Ukraine’s financing needs for 2026 and 2027. The initiative, backed by both the European Parliament and the European Commission, is scheduled to begin disbursements in the second quarter of 2026, reinforcing Europe’s financial support for Ukraine as the conflict with Russia continues.

A Coordinated European Response

Following the council meeting, Finance Minister Makis Keravnos emphasized the urgency of immediate financing measures. Designed to counter the economic disruption caused by ongoing Russian military actions, the council also approved amendments aimed at accelerating Lithuania’s recovery and resilience plan. Within the framework of the Recovery and Resilience Facility, approximately €394 billion has already been disbursed, accounting for about 68% of the originally allocated funds.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Bolstering Defence And Fiscal Stability

In efforts to strengthen defence capabilities across the bloc, the council activated the national escape clause for Austria for four years. This measure paves the way for a gradual increase in defence spending while ensuring fiscal balance remains intact. Complementing these decisions, eight implementing decisions under the Security Action for Europe instrument have been adopted, thus facilitating the provision of affordable long-term loans aimed at modernising defence equipment and bolstering overall readiness among participating member states.

Enhanced Sanctions and Financial Oversight

In tandem with the support measures for Ukraine, the council updated the EU list of non-cooperative tax jurisdictions, incorporating Vietnam and the Turks and Caicos Islands while removing Fiji, Samoa, and Trinidad and Tobago. At the same press conference, Economy and Productivity Commissioner Valdis Dombrovskis underlined the pressing need to intensify sanctions against Russia. With reports confirming continued attacks on energy infrastructure throughout winter, the Commission is pushing forward with a 20th sanctions package aimed at curbing Russia’s trade, energy, and financial services activities. The legislative process for these sanctions, bolstered by robust parliamentary support, is expected to conclude within the coming week.

Ongoing Initiatives and Fiscal Controls

Commissioner Dombrovskis also provided updates on the Recovery and Resilience Facility, emphasizing strides towards an accelerated implementation process ahead of the August deadline. Furthermore, the SAFE defence investment instrument continues to progress with promising evaluations from 16 member states, nearly €113 billion in SAFE loans disbursed, and additional assessments forthcoming. This comprehensive approach underscores the EU’s commitment to fiscal prudence while simultaneously addressing defence and security imperatives.

Conclusion

As Brussels navigates a complex geopolitical landscape, these strategic initiatives demonstrate a balanced approach to reinforcing regional security, supporting Ukraine, and maintaining fiscal discipline. The rapid progression of these measures is emblematic of the EU’s proactive stance, ensuring that the bloc remains well-equipped to address both immediate challenges and long-term structural changes in a turbulent global environment.

Breaking news