The Cyprus Securities and Exchange Commission (CySEC) this week announced a further extension to its decision to prohibit Igor Gutinskiy , the sole director of the Cyprus Investment Firm (CIF) Otkritie Broker Ltd , from exercising management duties on the company’s board of directors.
CySEC had originally imposed a two-year prohibition on Gutinskiy, which was set to take effect after six months.
This follows earlier announcements on April 12, 2023,
