Financial crime is a fast-growing concern nowadays. Financial Services Companies and Investment Firms, their directors and officers may be found liable for your financial loss due to negligent or fraudulent wrongdoing and regulatory violations.
Such wrongdoers can be Banks, Financial Services Companies, Investment Firms, Forex Brokers and Dealers or Portfolio Managers, Market Makers and generally any entity or person who is, or should be, authorized to offer such services to the public.
Taking a Stand Against Fraud: Legal Services for Victims of Financial Crime in Cyprus and the United Kingdom.
Our FS Regulatory Advisory team in cooperation with our Litigation teams in Cyprus and in the United Kingdom (UK) have the ultimate expertise in undertaking financial crime and forex scam cases in Cyprus and in the UK, in acting for and defending traders and investors whose money have been lost or diluted for reasons which the investors themselves may not be aware of.
We have the expertise and experience of filing financial and technical regulatory claims, as well as detailed reports to regulatory bodies, such as the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) of the UK, the Central Bank, the Cyprus Unit for Combating Money Laundering (MOKAS) and the UK Financial Intelligence Unit (UKFIU), the Police etc elaborating on financial misconducts which may have been committed by the wrongdoer.
Few notable client testimonials:
" We have engaged AGPLAW for their litigation/dispute resolution services in combination with their banking & finance regulatory practice. We have chosen AGPLAW because of the combination of expertise they offer, especially for the case we have engaged them for which requires deep knowledge of litigation strategies together with banking and finance regulatory frameworks. "
" Their litigation team is one of the best in Cyprus in my opinion with a wide-range of knowledge and always able to think outside the box. Our case is still ongoing and AGPLAW is handling it perfectly in all aspects. It is our pleasure to be working with such firm and team, and to have them by our side. "
For more details as to how can we help you, please contact us now.
Our 'flourishing' Regulatory and Financial Services litigation practice is distinct in Cyprus for acting for or against Banking, Financial or Investment institutions.
- On 04/07/2022 we have succeeded in obtaining a judgment by consent, in favor of our clients, in a group action of 53 claimants (our clients) against a Cypriot Investment Firm (a Forex & Market Maker broker whose license has been suspended and later withdrawn by CySEC) and its foreign shareholder. For the relevant press release please click here
- We represent before Cyprus courts, on an on-going retainer, most of Cyprus' major banks, including Bank of Cyprus PLC, Hellenic Bank PLC and Alpha Bank (Cyprus) Ltd.
- We currently represent 53 claimants in a pending Class Action filed by our clients into Cyprus courts against an Investment Broker -FOREX type- Market Maker Firm regulated by CySEC, FCA and other regulatory bodies, in the context of which we applied for and successfully be granted a freezing injunction (Mareva) against the Defendant's bank accounts. The claim involves alleged fraud and regulatory misconduct committed by the directors which resulted to a loss of over EUR 2 million to our clients.
- We successfully represented an individual trader who lost over USD 1,8 million in FX trading with a world known FX Broker & Market Maker. The case has been settled in favor of our client.
- We have successfully got a Tracing Order and a Freezing Order issued by the Nicosia District Court for a financial fraud committed through violation of Internet Banking of a world known trading company. The Tracing Order has assisted Cyprus MOKAS (Unit for Combating Money Laundering) and the UK Scotland Yard during criminal investigations.
