The Cyprus Securities and Exchange Commission (CySEC) announced on Monday that it has reached a €100,000 settlement with RoboMarkets Ltd over possible breaches of investment services and financial markets rules.
CySEC said the settlement concerns possible violations of the Investment Services and Activities and Regulated Markets Law of 2017 and EU Regulation 600/2014.
The settlement relates to a review of RoboMarkets’ compliance between June 2023 and June 28, 2024.
The Cypriot financial regulator said the review examined the company’s compliance with several regulatory requirements governing investment firms operating in Cyprus.
These included organisational requirements for Cyprus Investment Firms (CIFs), general principles and information provided to clients, assessments of whether investment products or services were appropriate for clients, and rules governing product intervention by competent authorities.
In particular, the review covered restrictions imposed by CySEC on the marketing, distribution and sale of contracts for difference (CFDs) to retail clients.
CySEC said the settlement was reached under the relevant article of the Cyprus Securities and Exchange Commission Law of 2009.
The provision allows CySEC to reach settlements over violations or possible violations where there are reasonable grounds to believe that an act or omission may have breached legislation under its supervision.
The €100,000 settlement has already been paid by RoboMarkets, the watchdog stated.
The regulator added that settlement payments are treated as revenue for the Treasury of the Republic of Cyprus and do not constitute income for CySEC.
The announcement was published on August 24, 2026, following a CySEC board decision dated May 25, 2026.
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