Opens in a new tab

Breaking news

CySEC Orders Dissolution of Wanterfell Investment AIFLNP and Restricts Control at Octa Markets Cyprus

Regulatory Oversight and Voluntary Liquidation

The Cyprus Securities and Exchange Commission (CySEC) has executed a decisive regulatory move, announcing the dissolution and liquidation of Wanterfell Investment AIFLNP V.C.I.C. Ltd. The dismantling of the fund follows the full redemption of its units and adheres to article 132(1)(d) of the Alternative Investment Funds Law of 2018. Established as an Alternative Investment Fund with a Limited Number of Persons (AIFLNP) under License Number LPAIF123/2014, the fund’s external manager, T.C.R. International Ltd, proactively informed CySEC as mandated by article 63(8) of the law.

Strategic Enforcement Measures at Octa Markets Cyprus

In a separate but related directive, CySEC’s board determined that Pavel Prozorov, the ultimate beneficial owner of Octa Markets Cyprus Ltd, had compromised the company’s robust management standards. At a meeting held on August 25, 2025, CySEC invoked its authority under article 11(3) of the Investment Services and Activities and Regulated Markets Law (Law 87(I)/2017). The board suspended the voting rights associated with Prozorov’s shareholding, which accounts for 95% of the company’s capital, and prohibited him from executing any management duties on the board of directors. These measures are effective immediately and underscore CySEC’s commitment to maintaining market integrity and safeguarding investor interests.

Implications for the Investment Landscape

This regulatory action, combining fund dissolution and governance restrictions, serves as a stark reminder of the high standards imposed on market participants. As investors and industry stakeholders assess the ramifications, the decision emphasizes the stringent oversight that is characteristic of the CySEC framework. In an environment where market confidence hinges on transparent and prudent management, such interventions are pivotal to preserving the health of the financial ecosystem.

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

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.

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.

Aretilaw firm
The Future Forbes Realty Global Properties
eCredo
Uol

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter