CySEC Warns Investors Over Unlicensed Financial Platforms

Unregulated Platforms Under Scrutiny

The Cyprus Securities and Exchange Commission (CySEC) has issued an urgent advisory concerning the operations of two online platforms—greymax.net and finotivefunding.com—which lack the necessary authorization to offer investment services under Cypriot law. These platforms operate without affiliation to any licensed entity, thus existing outside the stringent regulatory framework mandated by Article 5 of Law 87(I)/2017.

Investor Due Diligence Imperative

CySEC’s warning underscores the risks associated with engaging with unregulated entities. The commission emphasizes that greymax.net and finotivefunding.com are not subject to the oversight required for regulated investment firms. To mitigate potential exposure to fraud and unauthorized financial practices, investors are strongly advised to confirm the legitimacy of any investment partner by consulting the regulator’s official website at www.cysec.gov.cy, where a comprehensive registry of licensed firms and ongoing investor alerts are readily available.

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Safeguarding Market Integrity

This proactive alert reflects CySEC’s broader commitment to enhancing market transparency and protecting retail investors from the pitfalls associated with unregulated operators. In an era where online trading platforms increasingly shape the investment landscape, such measures play a crucial role in fostering a secure and reliable financial ecosystem.

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Cyprus Ranks Among EU Leaders In Tertiary-Educated ICT Workforce

by THEFUTURE.TEAM

May 25, 2026

High Educational Attainment Sets Cyprus Apart

Recent data from Eurostat showed that Cyprus is expected to rank among the leading European countries for tertiary-educated ICT professionals in 2025. According to the figures, 96.4% of ICT professionals in Cyprus are projected to hold tertiary education qualifications, placing the country among the highest-ranked members of the European Union.

Gender Disparity Remains A Critical Challenge

Despite the high level of educational attainment, the ICT workforce in Cyprus continues to show a significant gender imbalance. Men are projected to account for 85.1% of ICT employees in 2025, while women are expected to represent 14.9% of the sector. In 2024, the split stood at 70.9% for men and 29.1% for women. The figures highlighted a widening gender gap within the country’s ICT workforce.

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European Union Trends And Comparative Analysis

Across the European Union, the number of ICT professionals is projected to increase to 3.4 million in 2025 from 3.2 million in 2024, representing annual growth of 5.1%. Men are expected to account for 83.4% of ICT employment across the bloc, equivalent to approximately 2.8 million workers, while women are projected to represent 16.6%.

National Performance Variability In Gender Representation

Countries within the EU show a varied landscape: the highest percentages of male ICT professionals are reported in the Czech Republic (92.9%), Slovenia (89.1%), Latvia (89.0%), Lithuania (88.9%), and Slovakia (88.4%). On the contrary, nations such as Denmark (30.0%), Sweden (29.8%), Romania (28.6%), Bulgaria (25.6%), and Croatia (25.2%) lead in female participation in the ICT arena.

Educational Background Across The European ICT Sector

Eurostat data also showed that most ICT professionals across the EU hold tertiary education qualifications. By 2025, 74.8% of ICT workers in the bloc are projected to have university-level education, while 25.2% are expected to hold secondary or post-secondary qualifications. Denmark recorded the highest share of tertiary-educated ICT professionals at 97.7%, followed by France at 96.6% and Cyprus at 96.4%. Other countries with high levels of tertiary-educated ICT workers included Ireland at 92.3%, Bulgaria at 91.1%, and Croatia at 90.9%. At the lower end of the ranking, Italy recorded 69.2%, while Portugal stood at 58.8%.

Conclusion

The data perfectly encapsulates the dual narrative in the ICT sector: while countries like Cyprus and Denmark achieve remarkable educational standards among ICT workers, persistent gender disparities remind us that diversity remains an ongoing challenge. As the ICT landscape continues to evolve, strategic policy formation and corporate governance will be pivotal in balancing excellence with inclusivity.

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