CySEC and Mount Nico Corp Ltd. Reach Agreement on EUR 290,000 Fine

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The Cyprus Securities and Exchange Commission (CySEC) has announced that it has agreed on a EUR 290,000 fine with Cypriot investment intermediary Mount Nico Corp Ltd. The company operates through brands such as NicoFX and Excentral, and the agreement is on possible violations of the Investment Services and Activities and Regulated Markets Law of 2017.

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