Following its June 2021 plenary meeting held this week, the FATF has confirmed today, Friday 25 June 2021, that Mauritius has substantially completed its action plan at technical level and that FATF will conduct an onsite inspection in Mauritius, to take stock of its implemented measures outlined in its last progress report submitted in April 20...

Dear Readers, We are looking for an authorized Payment Institution or Electronic Money Institution from Europe that is looking to exit the market and sell the company & license to an investor. Please contact us if you have any information on the above, info@zitadelleag.com

New Capital Requirements for UK FCA regulated investment firms (CFD / Spread Betting) Firms in this space that operate as STP companies must be aware of the proposed changes to capital requirements under the forthcoming Investment Firm Prudential Regime (“IFPR”). The IFPR is expected to come into force in January 2022 and under this new regi...

Dear Readers, We have some good news from Labuan, FT Malaysia. This will be of special interest to our customers who obtained Money Broker on Asset Management license in Labuan, FT Malaysia. Further Extension of Regulatory Reliefs for Labuan Entities. Taking cognizant of the development of the impacts of COVID-19 pandemic toward the IBFC and ...

Dear Readers, We have some good news from Mauritius. Full text below, yet an extract that will be of value to a lot of our clients - Mauritius Investment Dealers and Asset Managers will enjoy tax benefits and effective tax rate for these companies will be lowered from 15% to 3%. Full announcement: Tax Holiday / Partial exemption Asset/Fun...

Dear Readers,

If you are employed by a group, or you are an owner of the business and you want to sell your company with or without any assets, please reach out to our team.

During 2020 our team was able to facilitate 13 Acquisition and 3 Merger deals, all in the FinTech space.

We can either start by finding a Buyer/ S...

Hong-Kong Money Service Operator license for sale (MSO). Valid license, which was recently renewed, with an office in Hong-Kong. If you are in the money remittance business, and look to expand in the Asian regions, please contact us for more details,

BVI FSC Security Dealing License for Sale. Bank location: Singapore Monthly Recurring Cost (estimated): USD 5,000 Capital Requirement: USD 1million Cash in bank account Please contact our team for more information on the acquisition and premium.

Estonia is introducing new requirements for companies operating with virtual currencies. The license will no longer be regulated by the Financial Intelligence Unit (FIU), and the authority will be changed to the Financial Supervision Authority (EFSA). Changes will affect the paid- up capital, constitution of the management board, complianc...

Would you like to operate a payment company from South-East Asia?
We have the right solution for you. Our team can assist you with acquiring a Payment company authorization from the financial authorities in South-East Asia, namely in Malaysia.
Having experience with the local authorities for more than 5 years, and having set-up more...