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Abstract：When checking on the CySEC register, we found the regulatory status of Royal Forex changed into under examination for voluntary renunciation of the authorisation.
That means the Royal Forex‘s surrender of license is entirely voluntary based on the company’s decision and does not arise as a result of any regulatory action.
The reasons leading up to this decision remain unclear, but CySEC will certainly maintain supervision over the financial service company until it has taken care of its responsibilities under the license.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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