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CySEC Issues Investor Warning on 9 Unlicensed Platforms
Abstract：CySEC warns investors of growing risks from unlicensed financial platforms after identifying 9 more websites violating local regulations.
The Cyprus Securities and Exchange Commission (CySEC) has issued an official warning regarding nine online platforms that are offering investment services without holding proper regulatory authorisation. The regulator stated that these websites are not associated with any entity licensed to operate under Article 5 of Law 87(I)/2017, which governs the provision of investment services and activities within Cyprus.
According to CySEC, the following domains have been flagged for unauthorized activity:
- surgirux.pro
- nasanetac.com
- a-eternitycapital.ltd
- rohkatech.com
- asteo-group.com
- elegantopex.com
- ewripro.com
- haystdq.com
- eldenstrade.com
These websites are alleged to be offering financial services to the public without the required licence, a violation of Cypriot investment law. CySEC has not granted these entities any form of investment service approval and confirms that none of them appear on its official list of authorised firms.
CySEC emphasized that operating without a licence undermines the regulatory safeguards established to protect investors and market integrity. Offering investment services in Cyprus requires strict adherence to the rules outlined in Law 87(I)/2017, and unlicensed entities may be involved in misleading or high-risk practices.
This announcement follows a broader trend of increased regulatory scrutiny across Europe in response to the rising number of online platforms operating without permission.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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