Financial licenses in Cyprus (CySec)
As a member state of the European Union, Cyprus maintains a very serious approach to compliance with the EU directive “Markets in Financial Instruments”. The regulatory body responsible for financial services is the Commission on Securities and Exchange Commission of the Republic of Cyprus (Cyprus Securities and Exchange Commission). Licenses issued by CySec are valid throughout the European Union and most major brokers in the Forex market are licensed by CySec.
There are three main divisions of licenses, depending on the type and quantity of services provided, each of which involves a sum of capital from 80,000 to 1,000,000 EUR:
- Reception and transmission of orders with respect to customers of financial instruments, as well as the provision of investment advice;
- Reception and transmission of orders with respect to customers of financial instruments, as well as investment consulting, execution of orders on behalf of clients, investment portfolio management;
- Trading on stock exchanges, market-maker.
For more information, please do not hesitate to get in touch: info@finadvisers.com
Financial License in Belize
Belize has created the perfect combination of quality services and a modern approach to the field of finance. In matters of license issuance, the financial responsibility of the International Finance Commission of Belize (International Finance Services Commission), the regulatory body, is recognised throughout the world and has developed its own rules and requirements for obtaining a license. Companies working in the field of Forex and Binary Options often operate under a financial license from Belize. The sum of capital from a company ranges, depending on the services offered, from 25,000 to 100,000 USD.
For more information, please do not hesitate to get in touch: info@finadvisers.com
License for Gaming in Curacao
Holding a license is the main feature of reliability in the world of online casinos. Licensed gaming business and legal status are evidence of fair play, bringing the casino proprietor stability and confidence in the future. In Curacao, online games are governed by the law of the National Ordinance on Offshore Hazard Games.
Obtaining a gaming license in Curacao is one of the best solutions for gaming projects, and its unique status within the Netherlands provides an additional advantage. There is no separation of the gambling business as an individual category in Curacao. The license therefore covers all bases: casinos, bookmakers, baccarat, poker, bingo, etc. Obtaining a gambling license from Curacao is less complex than in many other jurisdictions and does not require paid up capital .
For more information, please do not hesitate to get in touch: info@finadvisers.com
