Thomas Xydas

Indication Investments Ltd.: License Suspension

Public Notice by the Cyprus Securities and Exchange Commission that it has suspended the license of Indication Investments Ltd. for regulatory breaches. Editor's Note: Research by OffshoreAlert at the Cyprus Registrar of Companies showed that Indication Investments Ltd. was incorporated in Cyprus on July 26th, 2011 and its directors are Thomas Xydas, Viacheslav Aleksandrovich Taran, Andrei Nikolaev, Alexey Trifonov, and Giorgos Stylianou.

Key Way Investments Ltd.: €120K Settlement

Board Decision by the Cyprus Securities and Exchange Commission announcing that Key Way Investments Ltd. has agreed to pay €120,000 to settle an action for "possible violations" of regulations. Editor's Note: Research by OffshoreAlert in the Cyprus Registrar of Companies showed that Key West Investments Ltd. was incorporated in Cyprus on March 4th, 2015, its directors are Wasim Zayed, Christina Koullapi, Loukas Kousios, Pavlos Iosifidis, Thomas Xydas, and Constantin Octavian Patrascu, and its secretary is PMG Islandserve Nominees Limited.

Indication Investments Ltd.: €160,000 Settlement

Announcement by the Cyprus Securities and Exchange Commission that Indication Investments Ltd. paid €160,000 to settle "possible violations of its regulatory obligations". Editor's Note: Research by OffshoreAlert showed that, in records kept by the Department of Registrar of Companies, the directors of Indication Investments Ltd. are identified as Thomas Xydas, Viacheslav Aleksandrovich Taran, Andrei Nikolaev, Alexey Trifonov, Giorgos Stylianou, and Michalis Kyriakidis.

Belight Capital Group Ltd.: License Suspension

Decision by the Cyprus Securities and Exchange Commission to suspend the Cyprus Investment Firm license of Belight Capital Group Ltd. for suspected violations of the Investment Services and Activities and Regulated Markets Lat of 2017. Editor's Note: Research by OffshoreAlert at the Cyprus Registrar of Companies showed that Belight Capital Group Ltd. was incorporated in Cyprus on July 22nd, 2015 and has the following directors: Robert Ryan Porter, Pavlos Iosifidis, Chrysanthos Anastasiadis, and Thomas Xydas. The company has a website at www.belightcapitalgroup.com, where it operates a forex trading platform. Robert Porter, 42, who is British and has an address in Covent Garden, London, England, formed a company called Belight Capital Group Limited in England and Wales on January 7th, 2020, of which he is the sole shareholder and director, according to Companies House filings.