Our Company congratulates STIC Payments (STICPAY) with receiving the awaited Mauritius Payment Intermediary Services license.

We were glad to be a part of this journey, and hope that the new branch will deliver the results hoped for and will assist the group in further expansion,

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Dear Readers, Currently, one of our clients is selling his business and together with the business the following legal business units are being sold: - Labuan FSA authorized financial company – can be used for FX, Derivatives, Digital Asset Exchange and similar; - CySec Market Maker license – can be used for stocks, derivatives an...

Dear Readers, Currently our firm has an agreement with several companies to sell equity of: - EU regulated investment firms (FX, investment advice, portfolio management, both STP and MM); - Non-EU regulated investments firms (FX, investment advice, portfolio management, both STP and MM); - EEA Top Regulated Payment/De...

Our team congratulates GFX SECURITIES with receipt of the Mauritius Investment Dealer authorization.
We hope that the new branch will deliver the results hoped for and will assist the group in further expansion,

Accounting and audit obligations in offshore jurisdictions. Reminder to all owners of Seychelles, Belize, and other offshore jurisdictions previously not having accounting obligations -> Seychelles imposed the new requirements applicable to all International Business Companies (“IBC”) and related to the new obligations on retention of account...

Recently, one of the biggest brokerage/cfd brokerhouses – Plus500 obtained a MiFID II license in Estonia. During the past months we have received a number of enquiries into regulation of Estonia and for similar applications. If you are interested in getting regulated in Estonia, either for the MiFID II (investment and broker services), virt...

Our team congratulates Exfor Limited with receipt of pre-approval from the Labuan FSA for the Money Broker license. Exfor Limited is a new fintech start-up that is to operate in the stock market/ forex markets with a goal to become an Investment Bank within the next 3 years. Our team at Zitadelle is glad to have assisted Exfor Limited with...

Mauritius – Payment/ Fintech Growth. Our team congratulates EziPay on acquiring the Payment Intermediary License in Mauritius. We hope that the new office and authorization will prove to be a great asset to the business and development of EziPay. We are grateful to the team of EziPay for their patience during the license application, and are...

Dear Readers, Many of you who participate in the investment/ CFD industries are aware of the top-notch destinations outside of the EU, like Bahamas, Cayman Islands, Mauritius, Seychelles, and some others. If we take top 25 brokerage firms, most of them are regulated in the same jurisdictions or at least some of the regulations overlap. It is...

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...