CySEC Withdraws Licences And Oversees RAIF Liquidations

Regulatory Reforms And Strategic Decision-Making

The Cyprus Securities and Exchange Commission (CySEC) has announced a series of regulatory actions affecting investment firms and alternative investment funds operating in Cyprus. Recent decisions include licence withdrawals and the launch of liquidation procedures for several entities under its supervision.

TTCM Traders Trust Capital Markets Ltd License Withdrawal

CySEC withdrew the Cyprus Investment Firm (CIF) licence of TTCM Traders Trust Capital Markets Ltd (authorisation number 107/09) following the company’s request to renounce its licence. The decision was taken on May 14, 2026, under section 8(1)(a) of the Investment Services and Activities and Regulated Markets Law of 2017 and section 4(7) of Directive DI87-05.

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Conotoxia Ltd Faces Regulatory Repercussions

On June 5, 2026, CySEC also withdrew the CIF licence of Conotoxia Ltd (licence number 336/17). According to the commission, the company failed to meet several regulatory requirements, including provisions relating to governance, board member suitability, management oversight and organisational arrangements. Conotoxia’s licence had been suspended since July 23, 2025. CySEC instructed the company to remove references to its investment services authorisation and regulatory status from its websites and other digital platforms.

Liquidation Processes In The RAIF Sector

CySEC also reported developments involving Registered Alternative Investment Funds (RAIFs). On June 4, 2026, AIFCAP Managers Ltd informed the commission that dissolution and liquidation procedures had begun for ANABAZA RAIF V.C.I.C Ltd under article 138(7)(a) of the Alternative Investment Funds Law of 2018. The fund will remain on the register with an “under liquidation” designation until the process is completed.

Separate liquidation procedures have also been initiated by Argus Management Ltd for compartments CASCADE 5 and CASCADE 6 of CASCADE INVESTMENT FUND RAIF V.C.I.C. Ltd. Both compartments will retain their “under liquidation” status until all regulatory requirements and documentation have been completed.

Ongoing Supervisory Efforts

The latest actions form part of CySEC’s supervision of investment firms and alternative investment funds operating in Cyprus. Recent licence withdrawals and liquidation proceedings highlight the regulator’s continued focus on compliance with licensing, governance and operational requirements across the financial sector.

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Anthropic Launches Claude Fable 5 With New AI Safety Controls

by THEFUTURE.TEAM

June 10, 2026

New Model Sets The Bar For AI Safety And Efficiency

Anthropic has launched Claude Fable 5, the latest public version of its Mythos model, expanding access to a system designed for software engineering, knowledge work and computer vision tasks. The company said high-risk requests involving areas such as cybersecurity, biology, chemistry and AI model distillation will be redirected to Claude Opus 4.8, which has been configured with additional safeguards.

Strategic Rollout And Broader Accessibility

Mythos was initially made available to a limited group of partners in April as Anthropic evaluated potential cybersecurity risks associated with the model. Access was expanded last week to hundreds of organisations across 15 countries, primarily those operating critical infrastructure. Claude Fable 5 is now available through Anthropic’s Claude API and usage-based Enterprise plans. Early access has also been included in selected subscription tiers ahead of a broader pricing rollout scheduled for June 23.

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Advancing Safety And Industry Standards

Anthropic said the model underwent extensive safety testing before release, including bug bounty programmes and red-team exercises conducted by external organisations. According to the company, more than 1,000 hours of testing did not identify any universal jailbreak vulnerabilities.

A mandatory 30-day data retention policy will apply to all traffic processed by the model, including accounts that previously operated under zero-retention agreements. Anthropic said the measure is intended to improve monitoring and protection against emerging security threats.

Outstanding Performance And Competitive Pricing

Independent evaluations, including testing by analytics company Hex, reported strong performance in complex reasoning and analytical tasks. Companies, including Base44 and Genspark, highlighted improvements in tool use and interface design capabilities. Pricing has been set at $10 per million input tokens and $50 per million output tokens, compared with lower rates for previous models. Some enterprise customers, including Rakuten, said the model’s ability to verify aspects of its own output could help improve efficiency in tasks that require higher levels of accuracy.

Implications For The AI Market

The release comes as Anthropic prepares for a potential public market debut, and competition among leading AI developers continues to intensify. Alongside performance improvements, the company has placed significant emphasis on model safety, reflecting broader industry concerns around misuse, jailbreak attempts and the risks associated with increasingly capable AI systems.

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