In spite of the financial crisis in Europe, Cyprus carries on to attract international business looking the preferential tax structures and a strategic European location with infrastructure of high quality. One industry which has seen dynamic increase is that of funds and investment firms, especially Forex brokers looking to receive EU licensing through Cyprus.
The number of international FX Brokers, Asset Managers and Brokerage Houses seeking CySEC Licenses and registration as a Cyprus Investment Firm (CIF) has been increased recently. MAP S.Platis has been at the front of this development, assisting not only the investment firms, but also providing with specialized advisory and training to the regulatory body itself, the Cyprus Securities and Exchange Commission (CySEC). During October 2011, MAP S.Platis continued to break fresh ground achieving the fastest ever licensing application success in CySEC so far.
With assistance of MAP S.Platis, Amana Capital (Cyprus) Ltd which is part of a Middle Eastern Banking and Investment group received with success their CIF License from CySEC.
Due to the increased level of interest in its services MAP S.Platis will be participating in the forthcoming Middle East Forex & Investment Summit, to be held on the 15th and 16th of November 2011 in Hilton Abu Dhabi, United Arab Emirates.