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CySEC Fines Titanedge Securities €100,000 For Regulatory Breaches

by THEFUTURE.TEAM

October 16, 2026

The Cyprus Securities and Exchange Commission (CySEC) has fined Limassol-based Titanedge Securities Ltd €100,000 for breaches involving client communications, unauthorised investment advice and inadequate compliance procedures. The penalty comes weeks after the firm announced plans to cease operations and voluntarily surrender its Cyprus Investment Firm licence.

Three Areas Of Regulatory Breach

Announced on Friday, October 16, the fine follows an investigation into violations of Cyprus’s Investment Services and Activities and Regulated Markets Law of 2017 during 2023 and 2024.

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The largest penalty, €40,000, concerned the company’s failure to ensure that information provided to existing and prospective clients, including marketing materials, was fair, clear and not misleading.

CySEC imposed a further €30,000 fine for providing investment advice without the necessary authorisation and another €30,000 for failing to establish adequate internal policies and procedures to ensure compliance with its legal obligations.

The unauthorised advice and compliance failures covered January 1, 2023, to December 31, 2024. The findings concerning client information related to December 24, 2023, to May 24, 2024.

The regulator’s board decisions were taken on October 13, 2025, and July 20, 2026, before being published this week.

Firm Had Already Announced Exit Plans

In a notice to clients in September, Titanedge said it intended to cease operations and voluntarily surrender its Cyprus Investment Firm licence. Customers were asked to close open trading positions by September 30 and request withdrawals of any remaining balances.

CySEC’s official register continues to list the company under licence 405/21, issued in October 2021, while its application to surrender the licence remains under review.

Previous €90,000 Settlement

The latest penalty follows a separate €90,000 settlement announced by CySEC in December 2023 over possible breaches concerning client information between October 2022 and July 2023. The regulator confirmed that the settlement amount had been paid.

CySEC said the latest sanction highlights the importance of accurate client information, effective internal controls and compliance with the limits of a firm’s authorisation. These safeguards are intended to help investors make informed decisions and protect their interests.

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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.