The Cyprus Securities and Exchange Commission (CySEC) has revoked the investment services license of Royal Forex Ltd. The regulatory decision was made during a commission meeting held on 24 February 2025 and was publicly disclosed today (Tuesday).

The decision follows CySEC’s broader regulatory efforts, including a recent notice reminding Cyprus Investment Firms (CIFs) of their obligations under EU-wide regulations. The regulator has outlined compliance requirements that align with the European Green Deal, urging firms to integrate sustainability considerations into their operations.

CySEC Withdraws Royal Forex CIF License

According to the announcement, the firm voluntarily renounced its authorization. The withdrawal was conducted in accordance with the legal framework governing investment services and regulated markets in Cyprus, including relevant provisions of national legislation and directives.

Royal Forex was previously authorized as a Cyprus Investment Firm (CIF), allowing it to offer investment services under Cypriot regulation. The company’s legal entity identifier was also referenced in the regulatory notice. There was no mention of any judicial review or further proceedings related to this decision.