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FxNet Pays 225,000 Euro to Settle With CySEC Over Compliance Failures Across Its Retail Trading Business
CySEC secured a 225,000 euro settlement from FxNet (FXNET Limited), operator of EMS Brokers and NessFX, over compliance lapses found in a 2021 to 2022 review. It is not the firm's first penalty from the regulator — a pattern worth knowing about before funding an account.