Breaking news

CySEC’s Strategic Regulatory Actions: BrightPool Licence Withdrawn and Liquidation Procedures Initiated

BrightPool Licence Withdrawn

The Cyprus Securities and Exchange Commission (CySEC) has taken a decisive step by withdrawing the Cyprus Investment Firm licence from BrightPool Ltd. On October 13, 2025, CySEC formally cancelled the authorisation, number 378/19, following the company’s decision to relinquish its status. This move signals the regulator’s proactive approach in aligning market operations with stringent compliance standards.

Liquidation of SCITUS Global Real Estate

In a parallel regulatory development, external manager GMM Global Money Managers AIFM Ltd initiated the dissolution and liquidation process for the SCITUS GLOBAL REAL ESTATE compartment. The compartment is part of SCITUS GLOBAL CAPITAL HOLDINGS RAIF V.C.I.C. LTD, a Registered Alternative Investment Fund (RAIF). Until the dissolution and liquidation processes are fully completed and all requisite documents are submitted, the compartment will continue to be listed in the RAIF registry with a notice stating “under liquidation”.

Liquidation Process for GRAVITY Fund I

Similarly, AFICAP MANAGERS LTD has informed CySEC of the commencement of the dissolution and liquidation procedures for the GRAVITY FUND I compartment. This compartment is managed under GRAVITY FUND RAIF V.C.I.C. PLC, also registered as a RAIF. Consistent with regulatory guidelines, the compartment will remain on the RAIF registry marked “under liquidation” until the process is finalized and all necessary documentation is received by the regulator.

These regulatory actions underscore CySEC’s steadfast commitment to market integrity and compliance. By ensuring that these investment vehicles undergo proper dissolution and liquidation procedures, CySEC reaffirms its dedication to maintaining transparency and rigor in the financial landscape.

Starbucks Wins ‘Best Workplace / Employer Of Choice At The 18th IN Business Awards

Starbucks was recently awarded the ‘Best Workplace / Employer of Choice’ award at the 18th IN Business Awards in Greece — a recognition that reflects the company’s philosophy and its ongoing investment in its people.

This distinction confirms Starbucks’ commitment to creating a work environment defined by respect, collaboration, inclusivity, and equal opportunities for all. Starbucks consistently fosters a culture that encourages growth, authenticity, and participation since people are always at the center.

“At Starbucks, our success is rooted in our people. This recognition is a testament to our team’s dedication to nurturing a space where everyone can express themselves, grow equally, and deliver exceptional experiences to our customers,” said Pambis Anastasis — District Manager of Starbucks, who received the award.

f3918b39 ad0b 41b1 9836 7ee35f7c3563

Through modern development and employee support practices, Starbucks meaningfully invests in the continuous training and empowerment of its workforce, offering learning opportunities, mentorship, and career advancement at every stage of their journey.

The company also promotes an inclusive workplace where every employee feels a sense of belonging, can express themselves freely, and grow equally. This approach is a core element of Starbucks’ identity and is reflected both in the company’s internal culture, and in the experience it delivers to customers.

Winning at the prestigious IN Business Awards is a great honor for Starbucks and serves as a strong affirmation that its people are always at the heart of every step it takes.

Aretilaw firm
The Future Forbes Realty Global Properties
Uol
eCredo

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter