EN#0118 – STP licensed entity (CySEC/CIF) for sale - SALVUS Funds

23MarMarch 23, 20212021

EN#0118 – STP licensed entity (CySEC/CIF) for sale

By SALVUS Team News CIF, entities, Sale

A CySEC regulated Cyprus Investment Firm (CIF) STP (straight-through processing) broker has become available for sale.

This CIF has no complaints against it and maintains the minimum regulatory share capital of 125,000 EUR as per CySEC.

Key points:

1. The broker has monthly expenses of 28 to 30,000 EUR per month (including salaries, outsource services, rental fee, IT).
2. Clients’ funds and corporate Bank accounts with Eurobank and Hellenic Bank in Cyprus.
3. No other PSP accounts.
4. Licensed for:
  - Reception and transmission of orders in relation to one or more financial instruments,
  - Execution of orders on behalf of clients
  - Investment advice,
  - Portfolio management,
5. A contract with Bloomberg at 27.000 USD ends in November 2021.

For additional information of this STP CIF for sale, please contact us at info@salvusfunds.com.

Other entities for sale can be found within our Entity Acquisition or Sale service.

Members of the Global Institute of Internal Auditors (IIA). Member of the Cyprus Institute of Internal Auditors (Cyprus IIA) Research and Training Committee. Members of the Cyprus Investment Funds Association (CIFA) and the Association’s Fintech Committee. Member of the Cyprus Blockchain Technologies (CyBT) think-tank. Certified Actuarial Analyst (CAA) by the Institute and Faculties of Actuaries (IFoA). Certified Persons and Certified Anti-Money Laundering (AML) Officers in the Public Register of the Cyprus Securities and Exchange Commission (CySEC). Instructors on Compliance, Regulation & Internal Audit at the Institute for Professional Excellence (IforPE).

SALVUS Funds Licensing, Compliance & Internal Audit is the fastest-growing Regulatory Compliance boutique advisory for CFD brokers, EMI, payment institutions, investment funds, and crypto-asset services providers (CASP). As a premium brand, we are committed to elevating the communication of developments in the jurisdictions we service through all relevant channels using the #StayAhead, #WeAreSALVUS, #YouAreSALVUS, and #GrowWithSALVUS hashtags we created and consistently use them where applicable. We coined the trade marks of Business Athletes™ to refer to potential career candidates with us and our clients and The Most Complete™ series of regulatory compliance online courses.

SALVUS Funds is protected under two registered European trade marks. The trade mark registration numbers for the logo and the word mark are 018854839 and 018854882, respectively. These trade marks are protected under the European Union’s legislation.

SALVUSFunds Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (license no. 225/196).

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