Cypriot firm offering risky investments banned by UK FCA
( August 5, 2021, 09:59 GMT | Official Statement) -- MLex Summary: A Cypriot company has been banned from offering high-risk contracts for differences to UK investors. The UK Financial Conduct Authority has required Cyprus-based BDSwiss Holding to stop any regulated or marketing activities in the UK, and to close all trading positions and return funds to customers. The FCA said it had identified “serious concerns” with BDSwiss’s sales and marketing practices.Statement follows...
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