CySEC issued an administrative fine to mr. Pavel Krymov (Shareholder of Skopalino Finance Ltd)

Reason:
Non Compliant
Content of Penalty:

The Board of the Cyprus Securities and Exchange Commission (‘CySEC’) would like to inform the public that decided to impose an administrative fine of €10.000 to Mr. Pavel Krymov, Shareholder of Skopelino Finance Ltd at the time (now Concorde Investments Ltd), for non compliance with section 139 of the Investment Services and Activities and Regulated Markets Law of 2007, as in force, as he did not ensure for the correctness, completeness and accuracy of information notified to CySEC since he provided false and/or misleading information and/or withheld material information in his questionnaire which was submitted to CySEC on July 2012 regarding his relation with a certain company.

Date: 11/01/2018
Amount: 10000
Link: https://www.cysec.gov.cy/en-GB/public-info/decisions/46355/?uuid=10012018224730