The Cyprus Securities and Exchange Commission (CySEC) said it has fined €30 000 the Leadcapital Markets Ltd. According to CySEC, the sanction was imposed because the company has not acted honestly, fairly and professionally in accordance with the best interests of its clients in Romania. More specifically, Leadcapital Markets Ltd. allowed the provision of services by its branch in Romania before the latter was entered in the public register kept by the supervisory authority of Romania. This occurred during the period between end July/beginning August 2016 until July 2017, and is a violation section 36(1) of the Investment Services and Activities and Regulated Markets Law of 2007.