Dear Readers, Some months ago, there was an article about the Nauru financial licenses for brokers and other financial companies that went viral due to posts on Finance Magnates and due to the heavy marketing of corporate services agents. At the time we have advised that most likely the licenses are not real and the body behind the authori...

Dear Readers, On May 15, 2024, Argentina's National Securities Commission (CNV) issued General Resolution No. 1002/2024, modifying the regulations for promotion and advice in public securities offerings. Brokers with clients in Argentina must comply with these requirements and obtain authorization from the CNV or risk being listed as unaut...

Dear Readers, It has been some time since the Financial Authorities of Georgia have implemented leverage restrictions similar to the ones in Europe, and now the Astana Financial Centre in Kazakhstan has conducted a round of consultations with the market participants to get their opinion on introducing leverage cuts per the ESMA standards. ...

Dear Readers, We would like to invite you to our new HR service webpage, which already lists hot vacancies! During our 7 years of operations, we have received multiple requests to assist with finding directors, dealers, compliance officers, and other employees, and these services were offered on an ad-hoc basis. Yet this year we have launc...

Dear Readers, This is a kind reminder for companies operating in Chile and Argentina: 1) Chile – both financial institutions and VASPs that have clients in Chile and transactions from Chile – are required to register their companies under the Chilean FinTech Law – deadline was extended from December of 2023 to December of 2024. After this ...

Dear Readers, We have a bit of a unique product – one of the oldest Labuan (FT Malaysia) Money Brokers (FX Broker) for sale with the option of transfer of ownership without the lengthy process of getting approvals from the local authority. Hence, the transaction can be completed in a 1 month period. If you are interested in learning more, ...