CySEC fines 1Market's parent EUR740,000 over nine separate violations

CySEC fined Exelcius Prime Ltd, the parent of 1Market, EUR740,000 on 7 August 2024 for nine separate violations -- including unauthorized investment advice, board-governance failures, and inadequate conflict-of-interest management -- and suspended the firm's CIF authorisation while fining and banning several named directors from management duties. The 366/18 licence is now under examination for voluntary renunciation.