The KAB Strategy CySEC licence withdrawal ended nearly 18 years of Cyprus-regulated status. The Cyprus Securities and Exchange Commission announced on 26 July 2023 that KAB Strategy Limited had expressly renounced its Cyprus Investment Firm authorisation. The regulator processed the company’s own request under section 8(1)(a) of the Investment Services and Activities and Regulated Markets Law of 2017 and section 4(7) of Directive DI87-05. This was a voluntary exit, not an announced disciplinary cancellation.
What the Licence Surrender Means
A voluntary renunciation ends the firm’s authority to provide the investment services covered by that Cyprus licence. It is not the same as a regulator revoking a licence after a misconduct finding. CySEC’s formal process still matters because an exiting investment firm must address outstanding obligations and cannot continue presenting itself as authorised under a surrendered permission.
The supplied material did not identify a related fine, enforcement judgment or unresolved client-liability finding tied to the surrender. Readers should therefore avoid interpreting the exit as proof of wrongdoing. The material fact is narrower: customers in the European Economic Area can no longer rely on licence 058/05 as the regulatory basis for new services from KAB Strategy Ltd.
What Remains Behind the Brand
The kabonline.com website remained accessible when reviewed, but its current material described the group’s technical analysis methodology, including Elliott Wave Theory, and stated that KAB Strategy Limited provided those services for internal group use only. The page did not present an open retail offering or display a current regulator, licence or compliance statement.
That distinction matters for anyone who remembers KAB Strategy from its regulated years. A historical Cyprus authorisation does not protect new activity after surrender, and a licence held elsewhere in a wider group would not automatically extend to this company. Readers should identify the exact legal entity, regulator and dispute mechanism before relying on old badges or archived marketing.
Questions for Existing Cyprus Clients
Existing customers should retain account statements, correspondence and the terms that applied before the surrender. They should ask whether open positions have been closed or transferred, how remaining cash can be withdrawn and which complaints channel handles events that occurred while the Cyprus authorisation was active. CySEC’s public register should be checked directly rather than relying on an old licence badge in search results or archived marketing.
The KAB Strategy profile provides directory context, while the BestForex.io broker directory lets readers compare firms with current authorisations. Regulatory status can change, so licence numbers should always be verified immediately before account opening.
BestForex.io View
KAB Strategy’s exit should be described precisely: it was a voluntary surrender, not an announced CySEC penalty. The present-day concern is that a visitor could remember the regulated history while missing that the current website describes only internal group analysis and displays no regulator.
About KAB Strategy
KAB Strategy Ltd
CySEC 058/05
Approximately 18 years
UAE, Hong Kong and China
KAB Strategy Licence FAQs
Did CySEC revoke KAB Strategy’s licence?
The supplied record describes a voluntary renunciation by KAB Strategy Ltd, not a disciplinary revocation. No associated misconduct finding was identified in that material.
Can KAB Strategy use licence 058/05 for new EU clients?
No. A surrendered Cyprus investment-firm licence cannot serve as the authorisation for new regulated services.
What should an existing client verify?
Confirm the contracting entity, treatment of cash and open positions, withdrawal route, governing law and complaints process in writing.