Over 1,000 Institutions Shun Swiss Regulator’s License Application
A total of 1,060 institutions comprising portfolio managers and trustees have notified the Swiss Financial Market Supervisory Authority (FINMA) that they will not be submitting a license application as required by the country’s Financial Institutions Act (FinIA) which came into force on January 1, 2020. This is even as the three-year transitional period granted to […]
Boutique Wealth Manager EXANTE Secures FCA License, Launches in UK
EXANTE, a Cyprus-based boutique wealth management platform, has secured a regulatory license from the UK Financial Conduct Authority (FCA) and has officially launched its services in the country. The boutique brokerage disclosed the developments in a statement shared with Finance Magnates. AloGatewayis a Global payment processing service and solutions provider able to cater to a […]
SVG Gives FX Brokers until March 10 to Show License
The Financial Services Authority of the Saint Vincent and the Grenadines (SVG) has asked existing forex brokers registered in the Island country to produce a certified copy of the requisite licenses from the jurisdictions or authorities from which their business activities are conducted. The non-bank financial services regulator also now requires prospective forex brokers that […]