Compliance Officer and Director Demetris Kyriacou Leaves IronFX

A filing with UK Companies House shows that the Chief Compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term Officer of IronFX Demetris Kyriacou is stepping down. He spent over eight years with the company.

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Kyriacou has been with IronFX since February 2009 when he joined as Chief Compliance Officer and Director of Financial Services. After spending a little over a year with the firm, he also became General Manager.

According to a filing made by the UK entity of IronFX, 8SAFE UK Limited, Mr Kyriacou left the company at the beginning of the month. The FCA-regulated unit of the company has kept a clean regulatory record during his tenure. Back in November 2015, IronFX agreed to pay €325,000 to Cypriot authorities over possible violations of the regulator's legislative framework.

Before joining IronFX, Mr Kyriacou served as General Manager of ACFX for a little over a year.

Last month IronFX announced that the it received a major investment from a Middle Eastern family office. The company stated that the $100 million commitment would enable the firm to engage in M&A activity as well as provide it with enough resources to boost its own technological and operational resources.