Jurisdiction Singapore Type of License Money-changing Licensee Money-changing licensees provide only money-changing services Year of Licensing 2011 Office At Singapore Money Exchange Lane (Arcade) in CBD, lease until September 2022 Bank Accounts 2 Local bank accounts Others Clean record with no legal issues Note: Proof of funds required as well as KYC of potential …
Customer Type: Eligible Counterparty, Professional, Retail (Investment) Investment Type Certificates representing certain security Commodity Future Commodity option and option on commodity future Contract for Differences (excluding a spread bet and, a rolling spot forex contract and a binary bet) Debenture Future (excluding a commodity future and a rolling spot forex contract) Government and public security …
Customer Type: Eligible Counterparty, Professional, Retail (Investment) Investment Type Certificates representing certain security Commodity Future Commodity option and option on commodity future Contract for Differences (excluding a spread bet and, a rolling spot forex contract and a binary bet) Debenture Future (excluding a commodity future and a rolling spot forex contract) Government and public security …
Dubai DMCC Diamond Trading License with Active Bank Account Read More »
Description of the License The CIF being sold is authorized by CySEC to offer the following investment services: Foreign exchange services where these are connected to the provision of investment services Safekeeping and administration of financial instruments, including custodianship and related services Execution of orders on behalf of clients Reception and transmission of orders in …
Details of this Transaction1. The Firm was incorporated in 1999, licensed in late 2010s.2. Shares capital requirement is SGD2,000,000 (about USD1,500,000).3. Liquidity requirement as prescribed by MAS is SGD1,000,000 (about USD750,000)4. Capital Markets Services License include the following permissions: a. Dealing in Capital Markets Products i. Spot Foreign Exchange Contracts for …
Singapore MAS Capital Markets Services (CMS) License Firm Read More »
After obtaining an IFSC license, a company will be able to engage in the following activities: Money transmission services Payment processing services Trading in foreign exchange Trading in financial and commodity-based derivative instruments and other securities (e.g., futures, options, interest rates, foreign exchange instruments, shares, stock, contracts for differences etc.) Brokerage, consultancy or advisory services …
Belize International Financial Services Commission License (IFSC) Read More »
Permissible Activities: Major payment institutions are licensed and regulated under the Payment Services Act (“PS Act”) to provide payment services without being subject to the specified thresholds. The thresholds are set out in section 6(5) of the PS Act. In summary, these are: S$3 million monthly transactions for any payment service (other than e-money account …
Singapore MAS Major Payment Institution (MPI) License Read More »
Customer Type: Eligible Counterparty, Professional, Retail (Investment) Investment Type Certificates representing certain security Commodity Future Commodity option and option on commodity future Contract for Differences (excluding a spread bet and, a rolling spot forex contract and a binary bet) Debenture Future (excluding a commodity future and a rolling spot forex contract) Government and public security …
UK Financial Conduct Authority (FCA) Matched Principal Broker License Read More »
The legislative regime regulating securities intermediaries in The Bahamas was recently overhauled by the introduction of the Securities Industry Act, 2011. This has led to the attractiveness of the jurisdiction as a hub for entities engaged in conducting securities business in or from The Bahamas. Key Features The Securities Industries Act, 2011 provides for the …
