Central Bank passes regulatory duties to CySEC

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As from 1st November, 2007, the Central Bank of Cyprus ceased to be the regulatory authority for the following financial services companies (investment advisors).  

AMESTY LTD 

AQUILA FINANCIAL SERVICES COMPANY  

ATI ASSOCIATES (CYPRUS) LTD 

BARBICAN FINANCIAL SERVICES LTD   

CARATFIN LIMITED 

CONSTANT FINANCIAL SERVICES (OVERSEAS) LTD 

DAVENPORT CHADWICK & CO LTD

DEVERE & PARTNERS LTD 

ELITE FINANCIAL SERVICES LTD 

F.A.A. LTD 

FCP FINANCIAL MANAGEMENT LTD 

FONCERA TRADING LTD 

FRASER MCKINLAY (MIDDLE EAST) LTD 

GEOFFREY BIRCH FINANCIAL SERVICES LTD 

GERIHALL VENTURES LTD 

INTER-ALLIANCE INTERNATIONAL FINANCIAL SERVICES LTD 

MALLARD FINANCIAL MANAGEMENT (CYPRUS) LTD 

MINDEN LTD 

MOSAIC FINANCIAL SOLUTIONS LTD 

NIKKIMAT LTD 

ORION FINANCIAL SERVICES LIMITED 

PENNONE & PARTNERS 

RMN (CYPRUS) LTD 

SUMNER HOLDINGS LTD 

U.K. EXPATRIATE CONSULTANCY SERVICES (CYPRUS) LTD 

ZAMMIT FINANCIAL MANAGEMENT GROUP LTD

The above companies must either obtain a permit from the Cyprus Securities and Exchange Commission or from the Superintendent of Insurance.