The Cyprus Securities and Exchange Commission (CySEC) has issued additional guidelines on the types of bonus incentives that Cyprus Investment Firms (CIFs) are banned from offering to retail clients. The regulator gave specific examples of the types of bonuses banned from being offered.
Among the banned types of bonuses are Welcome/Deposit Bonus/Re-deposit bonus, Volume Bonus, Tournaments/ Competitions and quite a few others.
Among the banned types of bonuses are Welcome/Deposit Bonus/Re-deposit bonus, Volume Bonus, Tournaments/ Competitions and quite a few others.