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Banc De Binary was an Israeli financial firm with a history of regulatory issues on three continents. On January 9,, the company announced that it would be closing due to negative press coverage and its tarnished reputation. The firm also surrendered its brokerage license with the Cyprus Securities and Exchange Commission ( CySEC) removing its ability to legally trade in the European Union.
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Dear Client, On August 1 st,, new regulatory measures came into force. The European Securities and Markets Authority Decision 796 of, imposing restrictions to all non- professional traders within the European Union is taken under Article 40 of Regulation ( EU) No.