Banc De Binary was founded by Oren Laurent and at its peak Its headquarters are located in Israel, with an office in Limassol Cyprus. Other Information: Company which renounced its CIF authorisation and it remains under the supervision of the CySEC until it settles its obligations. Banc De Binary was an Israeli financial firm with a history of regulatory issues on three continents. On January 9, the company announced that it would be closing because of negative press coverage and its tarnished reputation. The firm also surrendered its brokerage license with the Cyprus Securities Key people : Oren Shabat Laurent (CEO); Abra.