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Cyprus Stock Exchange Warning

The Cyprus Securities and Exchange Commission has warned investors that the company MeVideoCY Ltd in Larnaca is not licensed to operate as an investment firm.

The compay "is not a bank established in the Republic, licensed by the Central Bank, and allowed to offer investment...services," said the CYSEC in a written statement.

"The Commission urges the investors, before doing business with Investment Firms, to consult its Web Site www.cysec.gov.cy to confirm the companies which have license to offer investment and ancillary services in the Republic."

No one from MeVideoCY was available for comment.

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