CySEC Withdraws CIF License of PMT Matrix Capital
Source: Fanny
The Cyprus Securities and Exchange Commission(CySEC) announced on Wednesday that it has decided to withdraw the Cyprus Investment Firm (CIF) License with Number 197/13 of PMT Matrix Capital Ltd.
The decision was made at a CySEC meeting held on 7 December 2021. The cypriot regulator has decided, pursuant to article 8(1)(a) of the Investment Services and Activities and Regulated Markets Law of 2017, to withdraw the company's license.
Additionally, the regulator also granted authorization as a manager of Alternative Investment funds (AIFs) and company management of undertakings for Collective Investment in Transferable Securities (UCITS) to the company.
Notably, PMT Matrix Capital intends to maintain its existing registered name and website.
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