Authorisation and Passporting

GLOBAL TRADE CIF LTD, a Cyprus Investment Firm registered with the Cyprus Registrar of Companies under registration number HE311445 (the “Company”), licensed and regulated by the Cyprus Securities and Exchange Commission (“CySEC”) and authorised to operate under the registered name of  FINANSERO www.finansero.com.

The Company is operating in accordance with the Markets in Financial Instruments Directive (MiFID) of the European Union. MiFID II provides a harmonised regulatory environment for investment services across the European Economic Area (EEA). The main objectives of the MiFID II Directive are to enhance financial transparency, increase competition, and offer greater consumer protection in investment services.

The Cyprus Securities and Exchange Commission (CySEC)

Licence No. 190/13

 GLOBAL TRADE CIF LTD is authorised and regulated as a Cyprus Investment Firm (CIF), registered under the Cyprus Securities and Exchange Commission (CySEC) (www.cysec.gov.cy), with licence no. 190/13, under the Investment Services and Activities and Regulated Markets Law of 2007 (Law 144(I)/2007). CySEC is an independent public supervisory Authority responsible for the supervision of the investment services market and transactions in transferable securities carried out in the Republic of Cyprus.

CySEC was established in accordance with section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001 as a public legal entity. The operation of CySEC is governed by the Laws regulating the Structure, Responsibilities, Powers, Organization of the Cyprus Securities and Exchange Commission and Other Related Matters(L73(I)/2009). To view our License please  click here

In compliance with Law 144(I)/2007, the Company is a member of the Investor Compensation Fund (ICF). The ICF was established pursuant to Articles 59(1) and (2) of Law 144(Ι)/2007 which provides for the Provision of Investment Services, the Exercise of Investment Activities, the Operation of Regulated Markets and other Related Matters (“the Law”), as an investor compensation fund for CIFs clients other than credit institutions. Its powers and functions are regulated by the provisions of the Law and of Directive 144-2007-15 of CySEC for the Continuance of the Operation and the Operation of the Investment Firm Investor Compensation Fund (the “Directive”).

The purpose of the ICF is to secure the claims of covered clients against the ICF members through the payment of compensation, if the necessary preconditions are fulfilled. All non-professional investor-clients of an ICF member who is covered by the ICF for claims against such member, arising out of the covered services provided by the member, may apply for compensation.   Read more

REGISTRATIONS

GLOBAL TRADE CIF LTD is operating in compliance with high financial standards and is authorised to provide cross border services to EU member states. GLOBAL TRADE CIF LTD is registered with several authorities. Below is a list of the authorities, among others, with which GLOBAL TRADE CIF LTD is registered. Please note the list is not exhaustive.  

Commissione Nazionale per le

Società e la Borsa (CONSOB)

Registration No. 3899

 The Commissione Nazionale per le Società e la Borsa (CONSOB, Italy) is the supervisory authority for the Italian financial products market. Its aims are to protect investors and the efficiency, transparency and development of the market. CONSOB regulates the provision of investment services and activities, the behaviors that must be kept by intermediaries and financial salesmen in dealing with investors, principles and criteria related to organization of the “Organismo per la tenuta dell’Albo dei promotori finanziari” and of the “Organismo dei consulenti finanziari”. Read more
Komisja Nadzoru Finansowego (KNF)

Registration

 The Komisja Nadzoru Finansowego (KNF) is the Polish Financial Supervision Authority. The KNF is competent in matters of financial market supervision, ensuring the proper functioning of the financial market, its stability, transparency, confidence and security, protecting the interests of market participants. Moreover, the KNF promotes the development of the financial market and its competitiveness, undertaking educational and information measures in relation to the functioning of the financial market.
It is also responsible for the supervision of banking, capital market, insurance market, pension system and payments services. Read more
Finansinspektionen (FI)

Registration No. 34103

 The Finansinspektionen (FI, Sweden) is a financial supervisory authority that monitors and analyses trends in the Financial market, assessing the Financial health of individual companies. FI supervises compliance with statutes, ordinances and other regulations, provides supervision regarding the Swedish Insider Act, and investigates cases of suspected offences and share price manipulations.

FI issues regulations & guidelines assessing on whether existing legislation needs to be amended. It issues permits to companies that wish to provide financial services, designs rules and regulations for financial activities and supervises on these rules and on the performance of risk assessments.

FI is also responsible for monitoring that companies disclose complete and clear information to consumers and ensures that routines for such information function satisfactorily. Read more
The Comisión Nacional del

Mercado de Valores (CNMV)

Registration No. 3647

 The Comisión Nacional del Mercado de Valores (CNMV, Spain) is the agency in charge of supervising and inspecting the Spanish Stock Markets and the activities of all the participants in those markets. It was created by the Securities Market Law, which instituted in-depth reforms of this segment of the Spanish financial system. The purpose of the CNMV is to ensure the transparency of the Spanish market and the correct formation of prices in them, and to protect investors. The CNMV promotes the disclosure of any information required to achieve these ends, by any means at its disposal. Read more
Bundesanstalt für

Finanzdienstleistungsaufsicht

(BaFin)

Registration No. 136563

 The Bundesanstalt für Finanzdienstlei stungsaufsicht (BaFin, Germany) is the integrated supervisory authority for Germany’s financial market.

It is responsible for supervising credit institutions, financial services providers, asset management companies, insurance undertakings, pension funds (supervised entities) and securities trading.

BaFin sees itself as a forward-looking, risk-oriented supervisory authority. It acts decisively and judiciously to contribute to the proper functioning, stability and integrity of the German financial system in a European and international context, thus fulfilling its statutory mandate to the best of its ability. Read more
Finanstilsynet (Norway)

Registration No.  FT00079593

 Finanstilsynet is the Financial Supervisory Authority of Norway. Based on Norwegian legislation and international standards, it acts as an independent government agency and is responsible for financial regulation and supervision of enterprises and markets. Its aim is to promote financial stability and orderly market conditions and to instil confidence that financial contracts will be honoured and services performed as intended.

Finanstilsynet regulates and supervises, apart from financial market places, banks, finance companies, mortgage companies, insurance companies, pension funds, investment firms and securities fund management.

Its premise is that all the above supervised enterprises must be afforded competitive conditions, which are in line with those enjoyed by institutions in other EEA member states. Read more

Also registered with:

Netherlands Autoriteit Financiële Markten (AFM)
Austria Financial Market Authority (FMA)
Denmark Finanstilsynet (FSA)
Malta Malta Financial Services Authority (MFSA)
Czech Republic Czech National Bank (CNB)
Estonia Finantsinspektsioon (IF)
France Autorité des Marchés Financiers (AMF)
GREECE Hellenic Capital Market Commission (HCMC)
Hungary Magyar Nemzeti Bank (MNB)
Latvia Financial and Capital Market Commission (FCMC)
Lithuania Bank of Lithuania (BL)
Slovakia National Bank of Slovakia (NBS)
Slovenia Securities Maket Agency (SMA)
Bulgaria Financial Supervision Commission (FSC)

 

Important Note: Global Trade CIF Ltd does not offer services in any third country (non EU and EEA countries).