IQ Option fined by CySEC

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IQ Option fined by CySEC
 © KNEWS 2019
Limassol based Broker IQ Option Europe Ltd was fined €450000 by the Cyprus Securities and Exchange Commission for violating regulations 144(Ι)/2017 and 188(Ι)/2007.

CySEC said that the company failed to apply effective conflict of interest safeguards and to implement rigorous due dilligence procedures. 

The regulator also flagged the inadequate implementation of policies, controls and procedures in relation to record keeping, evaluation, supervision and continuous examination of transactions.

IQ Option Europe Limited...


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IQ Option fined by CySEC


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Article Tags: option, fined, cysec,