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CySEC Finalizes €10,000 Settlement With MD&TR Consulting Ltd Over Unauthorized Administrative Services

by THEFUTURE.TEAM

October 22, 2025

The Cyprus Securities and Exchange Commission (CySEC) has imposed a €10,000 settlement on MD&TR Consulting Ltd in response to a potential breach of the law governing administrative service providers. This decisive action follows a board resolution dated July 28, 2025, with the official settlement announced on October 21, 2025.

Regulatory Oversight And Legal Framework

The matter centers on potential non-compliance with the Law Regulating Companies Providing Administrative Services and Related Matters of 2012, as amended. In particular, the focus was on Article 5(1), which clearly prohibits the provision of administrative services without proper authorization—a foundational principle for maintaining industry integrity.

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Investigation Timeline And Enforcement Authority

The investigation, encompassing the period from September 7, 2021 to April 10, 2024, scrutinized Md&tr Consulting Ltd’s adherence to the statutory requirements. CySEC invoked its powers under Article 37(4) of the Cyprus Securities and Exchange Commission Law of 2009, as amended, enabling the commission to enter into a settlement for any breach or potential violation found in its supervised legislation.

Financial Implications And Compliance

MD&TR Consulting Ltd has fulfilled its financial obligations by remitting the full settlement amount of €10,000. Consistent with legal stipulations, these funds are considered revenue for the Treasury of the Republic rather than income for CySEC, reinforcing the strict regulatory framework applied in this case.

Conclusion

This enforcement action underscores CySEC’s steadfast commitment to upholding regulatory standards within the administrative services sector. It serves as a clear signal to industry players regarding the importance of obtaining proper authorization and maintaining strict compliance with established legal frameworks.

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Women Accounted For More Than Half Of Scientists In 10 EU Regions

by THEFUTURE.TEAM

November 10, 2026

In Portugal’s Continente region, 265,100 women worked as scientists and engineers in 2025, representing 46% of the total workforce in these occupations.

Across the EU, women made up more than half of all scientists and engineers in 10 regions. Four were located in Spain, two in Portugal and one in Greece. The remaining regions were Poland’s Makroregion centralny, Sweden’s northernmost region and France’s outermost regions.

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Most of these areas had relatively small numbers of scientists and engineers overall. Spain’s Noreste region was the largest, with 102,700 women in these occupations, accounting for 51% of its total workforce.

Women’s Representation Varies Across Europe

The figures highlight considerable regional differences in both the number of women working in science and engineering and their share of the overall workforce.

Cyprus remains below the EU average, with women accounting for 37.8% of scientists and engineers. However, this share is broadly comparable to that of Île-de-France, one of Europe’s largest centres of scientific and engineering employment.