The Cyprus Securities and Exchange Commission (CySEC) today announced the withdrawal of the Cyprus investment firm (CIF) license of General Capital Brokers (GCB) Ltd.
The decision, which is in line with section 8(1)(a) of the Investment Services and Activities and Regulated Markets Law of 2017 and section 4(7) of the Directive DI87-05, was made at a meeting held on March 31, 2025.
CySEC notes the company’s decision to expressly renounce its CIF authorization.
According to CySEC’s website, the firm operated via the www.t1markets.com domain.