Cyprus Investment Firm (CIF) STP

1. Authorization process has been completed and CIF License was granted in 2020
2. Service Activities covered by the license:
I(1) Reception and transmission of orders in relation to one or more financial instruments
I(2) Execution of orders on behalf of clients
ΙΙ(1) Safekeeping and administration of financial instruments for the account of clients, including custodianship and related services such as cash/collateral management
ΙΙ(2) Granting credits or loans to an investor to allow him to carry out a transaction in one or more financial instruments, where the firm granting the credit or loan is involved in the transaction;
ΙΙ(4) Foreign exchange services where these are connected to the provision of investment services
3. Are there any bank accounts of the company? Yes
4. Are the company's owners’ residents of any EU country? Yes
5. Sale Price premium: (excluding capital, reserves and ICF) EUR 315,000
6. Debt existence? No
7. List of fines, warnings, from Regulators and any open legal disputes with 3rd parties: No
8. Additional details: The company is operational and fully stuffed. The company has no commitments to service providers, and there are no conditions to the sale. Als, if needed by the new owner, the employees can be easily replaced.
Everything is in place for the prospective Buyer.