Published by
Reuters UK
Reuters UK
By Huw Jones LONDON (Reuters) – Cyprus’ markets regulator was intervening too little or too late in tackling aggressive marketing behaviour by firms on its watch, the European Union’s securities watchdog said in an unprecedented intervention on Thursday. Cyprus has long been a hub for Russian business but more recently has attracted foreign exchange and investment companies from other parts of the world. The European Securities and Markets Authority undertook a review of cross-border activities of investment firms in Cyprus, the Czech Republic, Germany, Luxembourg, Malta and the Netherlands. T…