CySEC has fined IQ Option €180.000 for non compliance with following laws:
- 1. the Investment Services and Activities and Regulated Markets Law of 2007, as amended from time to time (‘the Law’),
- 2. the Directive DI 144-2007-01 of 2012 of the Securities and Exchange Commission for the Authorisation and Operating Conditions of CIFs (‘Directive 1’),
- 3. the Directive DI 144-2007-02 of 2012 of the Securities and Exchange Commission for the professional competence of Investment Firms and the natural persons employed by them (‘Directive 2’).
View full document here: http://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=23e69caf-067d-4b6c-907c-dea24ca3f6bb