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CySEC Halts FXOpen EU Sole Shareholder’s Voting Rights, Allows Six Months to Restructure

FINANCEMAGNATES
October 29, 2024
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CySEC Halts FXOpen EU Sole Shareholder’s Voting Rights, Allows Six Months to Restructure

CySEC Halts FXOpen EU Sole Shareholder’s Voting Rights, Allows Six Months to Restructure

2024-10-29T17:03:16.134+02:00
Tuesday, 29/10/2024 | 15:03 GMT by

Jared Kirui

The regulator mentioned that Aliaksandr Klimenka’s influence as the firm’s sole indirect shareholder could potentially jeopardize its ability to manage itself prudently.
The six-month grace period is intended to allow FXOpen EU Ltd sufficient time to restructure its governance.

This post is originally published on FINANCEMAGNATES.

FINANCEMAGNATES
October 29, 2024
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CySEC Halts FXOpen EU Sole Shareholder’s Voting Rights, Allowed Six Months to Restructure

Cyprus Securities and Exchange Commission (CySEC) suspended the voting rights of FXOpen’s sole shareholder, Aliaksandr Klimenka, over concerns about his influence on the company’s management. Voting Rights Suspended CySEC highlighted…

FINANCEMAGNATES
October 29, 2024
2 views

B2BROKER Steps Up B2CORE with New Android App and iOS Upgrades

B2BROKER, a provider of liquidity and technology for Forex and crypto markets, has introduced three updates to its CRM and back-office platform, B2CORE. These updates include the 16th release of…