CySEC fines Harvest Capital Management and others

Source: LeapRate 2020-07-01

The Cyprus Securities and Exchange Commission (CySEC) announced imposing fines on a number of companies for violations of transparency requirements of the law.

The board of CySEC held a meeting on 10 February 2020 to decide the administrative fines of the companies listed below.

The companies with monetary penalties include:

Harvest Capital Management Public Ltd with administrative fine of €13,000
Cyprus Trading Corporation Plc with administrative fine of €12,500
Aias Investment Public Ltd was fined the amount of €12,500
Regallia Holdings & Investments Public Ltd was fined €6,500
Isxis Investment Public Ltd was fined €6,500
Elma Holdings Public Company Ltd was fined €6,250
Dodoni Portfolio Investments Public Company Ltd was fined €6,250
Jupiter Portfolio Investments Public Company Ltd was fined €6,250
CPI Holdings Public Ltd was fined €3,750
Karyes Investment Public Company Ltd was fined €3,000
Exelixi Investment Public Ltd was fined €1,500
Unigrowth Investments Public Ltd was fined €1,500

The companies failed to comply with transparency requirements of in regard to the publication of the Annual Financial Report for the year 2018.

CySEC fines Harvest Capital Management and others

Subscribe to Our Newsletter!

Subscribe to Our Newsletter!