CySEC Withdraws CIF License of Sonaf

The Cyprus Securities and Exchange Commission announces that, on its meeting of 11 October 2021, has decided, pursuant to section 8(1)(a) of the Investment Services and Activities and Regulated Markets Law of 2017 and section 4(7) of Directive DI87-05, to withdraw the Cyprus Investment Firm authorisation with Number 174/12 of Sonaf Business Ltd (‘the Company’), due to the Company’s decision to expressly renounce it.