The Cyprus Securities and Exchange Commission (CySEC) today announced the withdrawal of the Cyprus investment firm (CIF) license of AMP Global Ltd.
The company has held its Cypriot license since June 2018.
CySEC explains that the decision for the license withdrawal was made at its meeting held on September 2, 2024. The withdrawal is pursuant to section 8(1)(a) of the Investment Services and Activities and Regulated Markets Law of 2017 and section 4(7) of Directive DI87-05.
The regulator notes that the withdrawal is due to AMP Global’s decision to expressly renounce its authorisation.
