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CySEC Cancels CIF license of AMP Global Ltd

WikiFX | 2024-09-06 19:08

Abstract:The Cyprus Securities and Exchange Commission (CySEC) has decided to withdraw AMP Global Ltd's Cyprus Investment Firm (CIF) licenses, Number 360/18.

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The Cyprus Securities and Exchange Commission (CySEC) has decided to withdraw AMP Global Ltd's Cyprus Investment Firm (CIF) licenses, Number 360/18. AMP Global had held its CIF license since June 2018, and its cancellation was due to the company's voluntary surrender of it.

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The Cyprus Securities and Exchange Commission announces that, on its meeting of 2nd September 2024, has decided, according to section 8(1)(a) of the Investment Services and Activities and Regulated Markets Law of 2017 and section 4(7) of Directive D187-05, to withdraw the Cyprus Investment Firm authorisation with Number 360/18 of AMP Global Ltd (LEI 254900IBOUORVOPTA088) (the Company), due to the Company's decision to expressly renounce it.

About AMP Global

AMP Global is a regulated financial institution with operations in multiple jurisdictions. It is regulated by the Cyprus Securities and Exchange Commission (CySEC) in Cyprus and the National Futures Association (NFA) in the United States. The company offers market-making services and is categorized as a regional broker.

AMP Global provides a wide range of market instruments for trading. These include exchange-traded futures, forex, cryptocurrencies, indices, energies, metals, and shares. Each category has specific instruments with varying contract sizes, leverage, tick values, and profit and loss currencies.

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Related broker

Not Regulated
AMP Global
Company name:AMP Global LTD
Score
1.77
5-10 years | Questionable Regulatory License | Suspicious Operational Region | Market Making License (MM)
Score
1.77

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