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Hong Kong Type 3 (Leveraged Foreign Exchange trading) License

Securities & Futures Ordinance defines 10 different types of regulated activities. Type 3 license for Leveraged Foreign Exchange trading allows a Licensed Corporation to buy or sell foreign exchange for clients on a margin basis.Timeframe: within 6 months Minimum paid up capital:  HKD 5 million ( > EUR 500 000) – if approved as an introducing agent* HKD 30 million ( > EUR 3...

Path: Licensing
Government of India working on law to ban crypto trading

...government of India is preparing to ban digital currencies trade again by introducing a new law. The government has been consulting with the law ministry, ministry of information and technology, and the RBI to draft a framework to ban cryptocurrency trading in India. Government official has told that there was a view in the government that banning cryptocurrency trade through a law would be mo...

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Too old for trading

...gender remains untouched. While European Securities and Markets Authority (ESMA) banned certain products and imposed restriction on leverage, the **Japanese government has focused on the needs and profiles of investors**. One of Japanese online trading platforms (**GMO Click Securities) has outlined its “Age Policy”**. In accordance with this policy all people that are 81 years old or mor...

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Saudi Arabia issued its first license for Forex trading

...rative destination for forex brokers. On April 25, the Capital Market Authority (CMA) of Saudi Arabia has issued its first forex broker license and, therefore, made the country even more attractive for brokers. The newly licensed broker for forex trading is a Closed Joint Stock Company in the Kingdom of Saudi Arabia. AN INSIDER MARKET OR FAIR COMPETITION? Even through this is an overall g...

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Russia is considering to allow crypto trading

**Russian government is actively discussing the idea of allowing cryptocurrency trading.** The country’s major crypto bill on “Digital Financial Assets" is already being drafted, and Deputy Minister of Finance, Alexei Moiseyev, informed what should be expected when the legislation is finally passed: *"There is a range of possibilities from prohibition to the possibility of purchase. Like w...

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Coinbase starting over-the-counter crypto trading for institutional investors

On November 27 financial news network Cheddar announced that **Coinbase, one of the biggest United States crypto exchange and wallet provider, has recently started over-the-counter (OTC) trading for institutional clients**. Unlike trading through a crypto exchange itself, over-the-counter crypto trading makes it possible for institutional investors to carry out direct trades between each other...

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Innovate! Crypto exchange OKEx has recently released data analysis platform for derivatives trading

**OKEx is one of the biggest digital asset exchanges based in Malta. The aforesaid crypto exchange has developed a platform with a wide-range of data insight, that covers trading trends for derivatives.** According to their press release, presumably this platform will allow OKEx users to see real-time data on the exchange’s futures and perpetual swap markets for nine major tokens, including ...

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Singapore's new retail trading regulation cuts FX Leverage to 20:1

Singapore’s retail traders will no longer have access to 50:1 leverage. If previously traders only had to meet margin requirements of 2 percent, new retail trading regulations that came into effect this week cut FX leverage by more than half. **The Monetary Authority of Singapore issued new regulations that imply that retail investors now only have access to 20:1 leverage.** Nevertheless, as ...

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Binance exchange is planning to create crypto futures trading platform

**Cryptocurrency exchange Binance, the world’s largest cryptocurrency exchange by trading volume, has recently revealed its plans to launch a futures trading platform which will offer both long and short positions for digital assets.** The aforesaid news was announced at the Asia Blockchain Summit in Taipei. During a presentation at the conference, Changpeng “CZ” Zhao, founder and C...

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Belarus exempts Forex trading from taxes

The President of Belarus, Alexander Lukashenko, **signed the Decree “On Taxation”** which exempts forex trading from taxes.The decree exempts individuals from paying income tax received from transactions with non-deliverable OTC financial instruments. The tax exemption was initially proposed in March of 2016, however, since then it was only a temporary measure and had to be extended every...

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Authorised Company in Mauritius

Mauritius Authorised Companies are not tax resident and do not have access to the Mauritius Double Taxation Treaties and are generally used for trading and investment purposes.Incorporation: up to 4 weeks   + delivery time for the courier Minimum paid up capital: US$ 1   Overview As of 1st January 2019, the Mauritius Financial Services Commission (FSC) has intr...

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South Africa Crypto License

... FSCA assesses the application to ensure the business is financially stable and compliant with regulatory standards. Once granted, the crypto license allows the company to legally offer cryptocurrency-related services within South Africa, such as trading, exchanges, and custody services. Maintaining the license requires ongoing compliance with FSCA regulations, including regular reporting and c...

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New Legal Framework for Forex Brokers in Saint Vincent and the Grenadines

...t and the Grenadines is not major country that comes to mind when somebody talks about foreign exchanges, but there appears to be a growing trend where a number of companies are being established for the purpose of carrying out the business of forex trading and Brokerage and other related activities in SVG, therefore, in SVG might be some big changes coming in terms of regulation. In recent mo...

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Forex Markets Related Regulations After Pandemic

The COVID-19 has had large impact on our daily lives and it has changed the way we do business. Of course, there are many aspects of life that pandemic hasn’t changed, but the effects can be clearly found in the Forex and trading markets. In particular, **coronavirus pandemic brought a surge of volatility back into the markets in February and March**. This volatility, which has been widely repo...

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New Legal Framework for Forex and CFD Brokers in Bahamas

...r Difference (CFD) assets except for crypto-currencies which the watchdog will establish on a case-by-case basis and brokers will need to ensure a retail client account’s net equity does not fall below 50 percent. New regulation stipulates that trading in binary options will be prohibited for retail clients. Also, the SC will put limits on retail incentives, where enticements and bonuses will...

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Pandemic effect on Cryptocurrency markets

...P 500 index has gone red with 10% since January 2020. Before Black Monday, when the price of Bitcoin dipped below $4,000, indicating that cryptocurrencies are not immune to the influence — and downturns — of traditional financial markets, the trading volume of Bitcoin spiked. Many other major crypto exchanges also reported the same uptick movement in the trade volume in the past weeks. The ...

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Will 2020 bring the volatility back to the Forex market?

...y over the pandemic. **Black Monday and Thursday brought back volatility into the forex markets that remained at low levels for years.** In 2019 majority of brokers were struggling to remain profitable in the conditions of low volatility and low trading volumes. But if the last year was quite tough for the industry then maybe 2020 will bring more trading opportunities? Although this week’...

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Xi Jinping’s vision of “New Era” includes Forex Industry to focus on China

...n the assured vision for the nation’s prosperity and its presence in the world. The “New Era” includes building country determinately governed by the party, being open to the rest of the world and being proudly Chinese.* Due to the enormous trading volumes, currently, China stands out as the forthcoming homeland for **retail Forex**. Introducing brokers operate the vast managed accounts, ...

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Crypto-Friendly bank ‘freeze’ bank account

...not options for you or your company, with a regulated banking provider who have the features we expect from a bank. Complaints from customers being locked out of their bank accounts are very common. If you are looking to engage in cryptocurrency trading or crypto-related business, you seem to be at greater risk of having your account blocked or frozen. It can happen to any of us, and it can ...

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Turbo Certificates vs. CFDs

...lar to options where loss is restricted to the premium paid. Here are some highlights of the Turbos features: - MiFID qualifies Turbo Certificates as transferable security; - They are usually traded on a regulated market or MTF (multilateral trading facility) that involve extra transparency obligations; - Turbos are not margined products; - Investors can’t change the leverage of the ce...

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First Digital Securities Exchange Approved by Financial Conduct Authority

Last week **Archax - institutional-grade exchange for trading asset-backed tokens (digital securities, security tokens, etc.), announced becoming Financial Conduct Authority (FCA) regulated digital securities exchange and custodian in the UK**. Archax has also become the first company to receive crypto-asset registration from the UK regulator, making it a fully compliant Virtual Asset Service Pro...

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The evolution of Forex in the 21st century

...ancient times. Exchange systems have occurred around 8 thousand years ago and have undergone significant changes and developments before such a niche as Forex market emerged. Financial technology Forex markets were able to attain trillions in trading per day in the 21st century. Although the rapid development has been accounted for the 20th century, the figure of more than 5 trillion USD se...

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South Korea enforcing crypto rules

...siness. The legal framework will require exchanges to enhance their security systems. Crypto exchanges and service providers to report and register with the South Korean financial regulator and the Financial Services Commission (FSC). The crypto trading platforms that are already operating will be obliged to the Financial Intelligence Unit (FIU). Taking into account the Financial Action Tas...

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6 reasons why best Forex brokers are regulated

With a huge trading volume which is about $5 trillion a day, the Foreign exchange market is still the largest financial market in the world.The uniqueness of this market is undeniable due to its geographical dispersion, accessibility, and flexibility. Traders can access the Forex market 24 hours a day, except for weekends, use different leverages to increase profit and benefit from a variety of ...

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China to become the first country to issue state-owned cryptocurrency

...ready to invest in the advancement of blockchain technology and called for the acceleration of technology development. The President remarked that digital finance, Internet of Things, intelligent manufacturing, supply chain management, digital asset trading should be the target fields for the adoption of the new technology. This is a big step toward the crypto industry for China. For years cry...

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In 2020 Starbucks will allow you to buy coffee using Bitcoin

...currency will not go mainstream. Well, 2020 will be the year when thousands of people will be able to buy their coffee paying with cryptocurrency. **The largest coffeehouse chain Starbucks entered into a partnership with Bakkt, a digital assets trading platform, to allow its customers to pay for a coffee using Bitcoin.** Bakkt is launching a crypto consumer app and merchant portal to enable c...

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South Korea to tax capital gains on crypto

...vernment of South Korea is determined to levy capital gains tax on digital currencies even if the forthcoming bill will not be approved. In order to levy taxes, the government will also have to precisely define the term of cryptocurrency and collect trading data from crypto exchanges operating in South Korea. Besides, South Korea’s government will have to decide whether the crypto gains tax...

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EU and US propose legislative changes regarding digital asset industries

...egislation purpose is to provide legal clarity around cryptocurrencies (including security tokens and stablecoins) that is in line with Europe’s Markets in Financial Instruments Directive (MiFID), which is a legal framework for securities markets, trading venues, and investment intermediaries. Approximately the very same time, US Conference of State Bank Supervisors (CSBS) announced the launc...

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CFTC Warns More Than 20 Forex Brands

**The US Commodity Futures trading Commission (CFTC) updated its latest caution list or the Registration Deficient List-the ‘RED List,’.** **In this list CFTC warns the public against unauthorized Forex and binary options companies that are illegally conducting Forex business activities and targeting the US residents.** Total number of listed companies is 146 but now the CFTC added 22 new nam...

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India is up to Classifying Crypto-Exchanges as e-Commerce Platforms

...dia will be obliged to register themselves according to the GST regime. Moreover, the rumors state that authorities might classify crypto-exchanges into three categories: Those acting as facilitators, brokerages that allow buying and selling, and trading platforms, providing users with trading interface. Another initiative discussed is to classify the use of blockchain technologies as an expo...

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Cyprus Crypto License

...reholders. CySEC evaluates the application to ensure that the business meets financial stability, regulatory compliance, and governance standards. Once the license is approved, the company can legally offer cryptocurrency-related services such as trading, exchange, and custody within Cyprus. Ongoing compliance with CySEC regulations, including regular reporting, audits, and adherence to AML/KYC...

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Slovakia Crypto License

...horities assess the application to ensure the business meets financial stability and regulatory compliance standards. Once the license is granted, it allows the company to operate legally within Slovakia's crypto market, offering services such as trading, exchange, and custody of cryptocurrencies. Ongoing compliance with regulatory requirements, including regular reporting and adherence to AML/...

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Gibraltar Limited Liability Company Formation

Limited Liability Company in Gibraltar for international business purposes. Gibraltar is a stable EU jurisdiction that offers legitimate tax advantages and exempted from VAT. Gibraltar non-resident company is commonly used for international trading and holding business, as well as e-commerce.Incorporation: 7 working days + delivery time for the courier Minimum paid up capital: 1 GBP ...

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Seychelles International Business Company (IBC) Formation

...s an ideal solution for confidential and fully tax-exempted international business: no requirements to file annual returns, no taxes or stamp duties, no US or IRS interference, no public records. The Seychelles IBC is commonly used for international trading operations, investments and holding purposes, leasing of vehicles or aircraft, marketing and financial activities.Incorporation: within 3 week...

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Marshall Islands International Business Company Formation

The Marshall Islands with its jurisdiction offers a comprehensive administrative and fiscal environment, thus Marshall Islands IBC attracts such entrepreneurs who are interested in international trading, investment enterprises and holding structures.Incorporation: 48 working hours + delivery time for the courier Minimum paid up capital: No minimum capital requirement ...

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How to Get a Crypto License in 2024

...nse allows a business to operate a platform where users can buy, sell, and trade cryptocurrencies. This license is critical for ensuring that the exchange operates under regulatory frameworks that protect users and maintain market integrity. Crypto trading License A crypto trading license is similar to an exchange license but specifically targets entities engaged in trading cryptocurrencies on b...

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Controversy on 30% Crypto Tax in India

...mass adoption of crypto assets in India,” said Jay Hao, the CEO of OKX.com. Furthermore, new crypto taxation legislation explicitly rules out the exemption of crypto gains under any deductible sections, which will force those involved in crypto trading to file income tax returns even if they make as little as a cent from crypto profits: the usual minimum income tax to file a return is INR 250...

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Vanuatu is Willing to Move Its Financial Dealers Onshore

...has significantly beefed up the requirements for the holder of Financial Dealer License, including even the necessity of at least one direct employee matching ‘fit and proper’ definition to be physically present. Those dealing in digital assets, trading which was legalized just this July, must have three employees onshore, including the CTO. Also, minimum capital of US $500,000 is required, as...

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Dubai is set to regulate investment tokens

...s is good news for the industry. The UAE seems to be taking a lead in regulating this fast-moving space.” To be more precise, the regulatory framework issued by the DFSA applies to persons and/or legal entities interested in marketing, issuing, trading or holding investment tokens in and/or from the Dubai International Financial Centre (DIFC). It applies as well to authorized firms wishing to...

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Local Swiss Authority Planning to Accept Taxes in Cryptocurrency

...wiss francs. Bitcoin Suisse founder said: ”The crypto market has grown too big to ignore, and that he sees more crypto adoption in the traditional quarters. Everybody cares about a $0.5 trillion market. There’s almost nothing controversial about trading Bitcoin anymore. It’s completely mainstream,” said Niklas Nikolajsen. The local tax department also has intended to introduce a pilot i...

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Cyprus Securities and Exchange Commission (CySEC) accepts new policy for Crypto-Asset providers

...on of investment advice; -Underwriting and/or placing of crypto assets on a firm commitment basis; -Placing of crypto assets without a firm commitment basis; -Operation of a multilateral system, where multiple third-party buying and selling trading interests in crypto assets are able to interact in the system in a way that results in a transaction. **Those businesses, which will be con...

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Japanese Financial Services Agency is discussing to impose stricter Crypto Laws

...as FSA’s efforts to track cryptocurrency developments. Japan has always been considered as a pioneer in cryptocurrency adoption and legislation development, as some of the first crypto-exchanges were established here and led the market in Bitcoin trading for some years already. **Hacks Led to Strict Rules** After the massive attack on the Japanese leading crypto exchange, Coincheck, which...

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Lawyers’ Lobbying Efforts result in lifting Crypto-Ban in Vanuatu

...was shed on innovative measures that are taking effect in Vanuatu this week. According to Tal Itzhak Ron, on 22nd of July, the amendment to the Financial Dealers Licensing Act unexpectedly went into effect, allowing the “distribution, secondary trading, custodial storage and provision of investment advice or other services in relation to digital assets”. After years of strict restrictions o...

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Business advantages of Belize offshore jurisdiction

...quarters are not obliged to be present there on a regular basis. Operating language in Belize is English due to the fact that it is a former UK colony. You also do not need to file financial reports as you are not obliged to pay internal taxes. **trading rules in Belize offshore jurisdiction are also very close to standard.** You do not have right to do business with domestic companies: this...

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Hong Kong Securities and Futures Commission changing its previous "opt-in" approach

Hong Kong’s Securities and Futures Commission (SFC) will stipulate the regulations of all cryptocurrency trading companies operating in Hong Kong’s jurisdiction. The following activities is an extension of the crypto regulations introduced by the SFC in November last year. Hong Kong is considered as the base of many major cryptocurrency exchanges, but until November 2019, they were not reg...

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ASIC’s strengthens consumer protections by reducing CFD leverage

... product intervention powers, similar to those exercised by the European Securities and Markets Authority (ESMA) in 2018. The new regulations also stipulate negative account protection by ensuring that clients are not able to lose more than their trading stake, avoiding a repeat of debacle following the 2015 Swiss Franc collapse. Additionally, to these changes, new ruling imposes a ban for bonu...

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Can Bitcoin Replace Gold As the Safe-Haven Asset?

...ontinues, it could overtake gold as a safe-haven asset. Nevertheless, evidence could be vague and show shifting standards in terms of direct correlation. Many reports have shown that Bitcoin’s connection to the price of gold had weakened as the trading volume declined at the beginning of the year. However, the crypto exchange noted on September that Bitcoin’s rally to an intra-month high of...

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Nigeria’s Crypto regulation as a solution for financial services

.... Therefore, it seems quite likely that part of Bitcoin’s apparent popularity in Nigeria has to do with the fact that it can be used to pay for some products that can be sold online and Bitcoin is being used for more practical purposes rather than trading and investing. These conditions can make cryptocurrency adoption in the country truly explosive and could continue to extend outside Nigeri...

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CySEC introduces restrictions for CFD offering to retail investors

...State. Also, new national measures will replace the standard risk warning that reflects the percentage range of accounts that lose money with more persuasive risk warnings stating: “the vast majority of retail investor accounts lose money when trading in CFDs” or “CFD-retail client accounts generally lose money”. The CySEC considers that a new warning standard would be more effective t...

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Japan and South Africa are to set new crypto regulations

...ing crypto-industry. **Stablecoins Are the Real Threat** So-called stablecoins, which are pegged to the fiats or other assets and issued privately, became the real headache for Japanese regulators. Though usage of stablecoins is now limited to trading cryptocurrencies, Facebook’s attempt to launch Diem (previously known as Libra) caught regulatory attention worldwide. Just like other to...

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Australian securities and investments commission proposes CFD restrictions and binary options ban

...Armour said: *“For many years' ASIC has taken strong action to protect consumers of binary options and CFDs, using the range of regulatory tools available to us. However, we are concerned that consumers continue to suffer significant harm from trading these products.”* ASIC expected significant pushback from the industry, particularly issuers of CFDs who probably would argue that they a...

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The Shanghai Free-Trade Zone: Development Plans

...nese regions to implement the same norms and standards. • Pudong Airport area, which is the part of the FTZ, is supposed to develop in other fields as well. For example, it has to develop passenger logistics, improve business transfers and also trading transportation rules. The same applies for the Yangshan Port. Its area will focus on logistic, sales and shipping policy developments. • ...

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Bitcoin and cryptocurrency litigation

...st transaction speed and close connection to Bitcoin continue to be its premium quality. ***Cheapest Cryptocurrencies*** For budget investors, here are a few of the cheapest cryptocurrencies in the market now: -Bitshare (BTS), currently trading at $0.086510, with an all-time high of $0.40. -Lykke (LKK), trading at $0.36, with an expected price of $1.50 to $2.3. -Verge (XVG), rec...

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Coinbase was approved by SEC to list security tokens

...ic in a trustworthy way. Last month, the exchange announced that it intends to purchase three companies: (I) Keystone Capital Corp., (II) Venovate Marketplace and (III) Digital Wealth LLC – as means of becoming a regulated platform for offering trading services in security tokens, as well as to tokenize traditional financial assets. Coinbase COO Assiff Hiriji commented: *“Ultimately, we ...

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Cyber risks rules compliance. New rules in Hong Kong

Top Hong Kong trading companies informed their customers on upcoming changes of security and rules on **cyber risks**. These changes were released by the **Securities and Futures Commission (SFC)**. As of April 27th, 2018, **two-factor authentication will become obligatory for every company that provides trading services in Hong Kong**. Such brokers as Monex Boom, Z.com, Phillip Securities (H...

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Chinese financial services opening up to foreigners

...e Hong Kong and mainland will change. Hong Kong-bound investment will be increased to CNY42bn and Shanghai-bound and Shenzhen-bound to CNY52bn for investment. These **changes will open new ways for traders and will allow them to broaden cross-border trading**. Moreover, the People’s Bank promises to make a stable connection between London stock market and Shanghai stock market.

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New features of Interactive Brokers’, mobile app for traders

... on the Instrument Details screen. We also have to mention the previous update of the application. It featured important changes to app’s security namely both IB TWS for Mobile and the IB Key security protocols. These features are effective for trading and for account management of traders. Moreover, developers implemented two-factor authentication because safety and account protection have p...

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Japan Exchange Regulation and Tokyo Stock Exchange Implementing AI Solutions

...ayers - **Japan Exchange Regulation (JPX-R)** and **Tokyo Stock Exchange, Inc. (TSE)**, went public about adding **AI Solutions** to market supervision tools. In this case, usage of AI implies creating and developing surveillance systems for the trading process. All orders are to be checked by the system if they raise any suspicions on unfair trading. Afterwards, surveillance workers will inve...

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How RootAnt Makes Brokerage in China Easier

Doing **brokerage business in China** can be a serious challenge for international companies. Due to the fact that the market is closed, it is hard to follow all legal requirements and at the same time earn traders’ trust. trading platform **RootAnt** is now one of the best services that allows international financial institutions localize in China. It is a combination of services for broke...

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How Brokers in China Feel After the Website Blocks

... website restrictions** that occurred due to lack of information towards the financial regulator. Soon after the government **banned Bitcoin and other cryptocurrency exchanges**, followed by the bans of other trade platforms. It affected all FX and trading platforms without ICP certificates. trading community stated that the access to brokers’ websites has been banned for more than a week al...

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“To trade or not to trade?” or How Chinese Exchanges Overcome the Bitcoin Ban?

... China had banned Bitcoin exchanges. The reason for this ban is the government’s statement that frauds and money laundering took place on the exchanges.* Before these bans, China had a trustworthy role as one of the biggest **cryptocurrency** trading markets. At the same time, this country is ahead with the mining business and became, actually, one of the centers for crypto-enthusiasts. Wha...

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Mauritius is willing to adapt distributed ledger technology and acknowledge the cryptocurrency as digital asset

...021” earlier this year. The goal of this plan, among other things, is to pursue the shift to a digital and cashless environment. This process embraces promotion of FinTech, especially including blockchain technologies, to create a platform for the trading of digital assets. Considerably, an essential item under the Strategic Plan is the introduction of a robust regulatory framework for FinTech c...

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Financial Business Innovations in The Cayman Islands

...ers in the Cayman Islands will now have a special technical solution to perform electronic deals and clear goods. This is a project of the Cayman Islands’ Customs Department and it is aimed at easing traders’ life and start reformation of the e-trading. New clearance rules are attractive for the new importers and facilitate trading for existing ones. Generally, new legislative initiatives ...

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Why do they always choose Cyprus?

...ined the EU. After changing tax legislation, Cyprus became a country which is located the nearest from the Europe and, at the same time, has the lowest tax rates, especially for corporate incoming tax. Businesses connected with royalties, finance or trading are choosing this offshore jurisdiction more and more often. Main advantage of such taxation is business having opportunity to reduce operatin...

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Secrets of starting a business in the UAE

...a very important point to consider when forming your company in the United Arab Emirates. It consists of seven Emirates, which have different free trade areas, customs rules and investment climate. Different zones have different control authorities, trading requirements and documentation. You should perform a detailed study of these aspects to choose the best Emirate for your company and decide wh...

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How to store your crypto with the less tax consequences

...r example, cryptocurrencies are determined as goods that are subject to the seven percent Goods and Services Tax. At the same time, in Hong Kong, cryptocurrencies are defined as virtual commodities that are not taxed as goods, but any profit made in trading shall be treated as income. According to the basic principle of decentralization, cryptocurrencies stand out for national legal frameworks....

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Move business wisely. What to consider when choosing offshore jurisdiction?

...e now in charge of implementing their own tax reforms. This might bring business to different countries that are willing to lower pressure on business and raise its own economics. Harmonization of tax regulations and loyal conditions of cross-border trading might be a good reason for entrepreneur to choose this specific jurisdiction. In the UAE overview we have mentioned $135,000 compliance req...

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How to set up a business on Bahamas?

...ltant assistance and all necessary documents collected. What are other offshore business secrets of the Bahamas? There is a special list you should get acquainted with. Also, international companies cannot involve in providing agent services. For trading or conducting your services for the Bahamas citizens, you should receive a special permit from the government. Banking, insurance and investin...

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Starting offshore business in Vanuatu

...anuatu offshore international company only for carrying out small a business or financial management, you can confine yourself to being a single shareholder and director: there are no requirements for residence or number of founders and CEOs. Forex trading regulations as another common reason to enter Vanuatu offshore jurisdiction. Confidentiality policy in this country is very strict and this...

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Starting your own business in Saint Vincent and the Grenadines

...s or partners and licensing documentation. As soon as you provide the bank with all necessary details you will be able to open the account. In addition to opening a business account in SVG you will be able to use another services as well. Investment trading is available for offshore companies as well as transfer services, setting up a corporate payment system, using trust solutions and other possi...

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Mauritius Global Business Category 1 (GBC1)

...us written consent from the Financial Services Commission (“FSC”) has been requested and that the conditions laid out in the Financial Services Act have been met. Business formations involved in financial services business in particular forex trading, investment management, insurance, banking, investment advisory services, as an example, can only be created as GBC1 companies and receive ext...

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TECHNICAL SOLUTIONS

Liquidity Providers Technical Solution for Broker Companies OffshoreLicense LTD offers technical solutions for broker companies, trading in the securities markets and forex. Our offer includes final product with the connection of one or more liquidity providers. Our offer includes: Variety of leading liquidity providers Easy and fast setup procedure Excellent liquidity conne...

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Cryptocurrency: what are your options?

...estors since it is one of the oldest cryptocurrencies in the market. Since 2011, its fast transaction speed and close connection to Bitcoin continue to be its premium quality. **Cheapest Cryptocurrencies** 1. 1) Bitshare (BTS), currently trading at $0.086510, with an all-time high of $0.40. 2. 2) Lykke (LKK), trading at $0.36, with an expected price of $1.50 to $2.3. 3. 3) Verge (XVG...

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Crypto exchange industry is not as compliant as it appears to us

...i-money laundering (AML) procedures in place. In particular, experienced in AML staff members responsible for transaction monitoring and internal compliance staff with sufficient experience in AML. Whereas certain people may consider unidentified trading as a special feature of the cryptocurrency market, in particular cases it may also enable questionable business practices and criminal or terr...

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SFC Forewarns Retail FX Brokers To Stay Away From Doing Business In China

...ntities to get traders to deposit funds with brokers located outside of the country. The Mainland regulator (SAFE) in its statement informed that due to the new requirements, it is unlawful for any unapproved organization to conduct forex margin trading or for any client, either an organization or individual from Mainland. The aforesaid financial regulator also adds that companies are adverti...

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Israeli court determined bitcoin as an asset

... for tax purposes. The Israeli Tax Authority (ITA) earlier took a position that bitcoin and other cryptocurrencies are considered property for tax purposes, therefore it will tax cryptocurrency as it does any other transacted commodity. As such, trading in cryptocurrencies is subject to a capital gains tax of 25% in case of private investors. It is worth noting that, individuals (crypto trade...

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Herding in the most volatile market in decades

...nificance. However, we also find that the price of bitcoin does not cause deviations in the volume of bitcoin. This is a weird scenario of price not causing volume and volume not causing price. This would mean that using volume analysis only in your trading would not necessary provide any advantage in the predicting of price in the bitcoin market. But to analyse the deeper meaning of this pheno...

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CySEC proposes three levels of leverage for retail clients

...r ‘positive’ or ‘negative.’ Retail clients who won’t be classified as any of the above categories shall remain in the ‘grey’ area of the target market and receive leverage of 20:1 on traditional currencies. In case of digital assets trading, no leverage will be available to these clients. In addition to the above, the regulator suggested a prohibition of marketing, distribution...

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German regulator is planning to implement ban on binary options

...r 2018. And what is more interesting, the German regulator is not the only one introducing national measures. **United Kingdom’s Financial Conduct Authority (FCA) has recently adopted the rules that will be used in order to regulate the retail trading industry, relating to contracts for difference (CFDs).**According to the expectation, the FCA aims to adopt leverage caps for CFDs from 2:1 to...

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FCA will offer 30:1 margin leverage in government bonds

...MA introduced in August 2018. The FCA only mentioned one slight change to these rules, specifically the FCA would be changing leverage for one range of products. According to ESMA’s rules, finance brokers were only allowed to provide 5:1 margin trading on government bonds. The FCA, meanwhile, indicated that 5:1 leverage limit was unreasonable given that the primary government bonds are less v...

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A new license assessment procedure will be adopted for certain AFS applicants

... include a new AFS license application section. For the time being, ASIC will continue to use its existing AFS license program, until the new platform is fully developed and implemented. Read our blog to keep abreast of all actual and interesting trading news.

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Australian commision requires each and every piece of information about its brokers

...ere transferred from overseas entities between January 2018 and March 2019. **Insights** In accordance with the latest changes, brokers are obliged to inform the ASIC whether their employees’ compensation is related in some way to deposits, trading volumes or profits and losses of clients. The overall information requested, including 2017 and 2018 turnovers, revenues by asset class, posit...

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Blockchain technology to be used for cross-border forex transfer in China

...idential, and details are only accessible for the companies involved in the deal alongside with regulators. The initial development of the platform has been completed, SAFE most probably wants to pilot the project for six months in the three main trading provinces - Jiangsu, Zhejiang and Fujian – and two cities, Shanghai and Chongqing. The project will be useful not only for business,...

Path: Blog
Financial conduct authority of the UK has banned binary options for private investors

The FCA’s rules are permanent and are in force as of 2 April 2019. In July 2018, the **FCA enforced a temporary ban on trading binary options for the retail segment. As was expected, this restriction will now remain permanent in force.** This decision, adopted by the regulator, did not come as a big surprise to market participants. The FCA’s rules, in general, are the same as the Europe...

Path: Blog
Luxembourg has just passed the law providing a legal framework for blockchain securities

...ockchain securities have the same status as traditional securities under the bill. Luxembourg is well known for its dynamic approach to blockchain technology. In November last year, the University of Luxembourg collaborated with Luxembourg-based trading platform, VNX Exchange, in an effort to enhance the security of digital assets. The above-mentioned cooperation was aimed at creation of highe...

Path: Blog
Attention! New guidelines for crypto holders were announced by the UK Tax Agency

...sidents how and when their possessions or related transactions might be classified. It says: *“There may be cases where the individual is running a business which is carrying on a financial trade in crypto assets and will therefore have taxable trading profits. This is likely to be unusual, but in such cases Income Tax would take priority over the Capital Gains Tax rules. HMRC will publish se...

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Ethereum has attracted considerable interest of the CFTC

The U.S. Commodity Futures trading Commission (CFTC) wishes to learn more about one of the most popular cryptocurrencies – Ethereum (ETH). Let's try to figure out what caused such an interest from the regulator's side. **Ethereum is the second most discussed cryptocurrency right now.** Ethereum proposes to provide a blockchain with an integral, fully fledged programming language that can be ...

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Japan's Financial Services Agency is ready to approve crypto exchange-traded funds (ETFs)

...ed bill is created in order to increase the level of self-regulatory administration of crypto-industry and classify a lot of ICO tokens as securities, the bill may come into force by 2020. The FSA has abandoned its plans to include permission for trading crypto derivatives on financial exchanges due to its concerns that this only encourage speculation. Recent increase of interest in and anal...

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Malaysia is planning to regulate initial coin offerings as securities offerings

...ore the end of Q1 2019. The Commission replies on this: *“The guidelines will among others, establish criteria for determining fit and properness of issuers and exchange operators, disclosure standards and best practices in price discovery, trading rules and client asset protection.”* **The relevant companies, dealing in digital assets will be required to adhere to AML / CFT requirem...

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Crutial amendments to the Polish tax legislation in 2019

...33%). According to the governments clarification, the reduced rate of the tax will not be applicable to income gained from capital gains. The Bill also presents detailed rules of taxation of the income gained from virtual currencies. Incomes from trading in digital currencies will be regulated as incomes from capital in PIT or capital gains in CIT. The loss incurred while trading in virtual cur...

Path: Blog
Omega Dark, the first regulated dark pool in digital assets is launched

... will increase markets confidence, thereby, leading to greater liquidity, lower volatility, and better price breakthrough. At this point, Omega Dark is accepting clients for its early access plan, which includes liquidity providers, hedge funds, trading desks, execution platforms, exchanges and market makers. There is а minimum monthly trading turnover in the amount of $10 million, starting w...

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Canada is Planning to Restrict Cryptocurrency Short Selling

...changes** within the country. The Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) announced a new framework for cryptocurrencies exchanges that would terminate short selling and margin trading of digital assets The development of the above-mentioned framework follows the scandal and the death of chief executive officer of QuadrigaCX...

Path: Blog
CySEC has introduced a new reporting form for CIFs

**The Cyprus Securities and Exchange Commission (CySEC) recently has announced that Cyprus Investment Firms (CIFs) are required to fill in a new form detailing their trading volumes for 2018.** The aforementioned forms require retail brokers to indicate their trading volumes for the past year. CIFs are obliged to classify their volumes into asset sub-classes and include all undertaken trades. ...

Path: Blog
Account Opening in National Bank of Vanuatu

...ees for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Notarized copy of valid passport. (Please see N.B. below) ...

Path: Banks
Deltec Bank Account Opening

...ees for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services  Online banking Please provide us with the following documents Legalized copy of passport Proof of residence (e.g. ...

Path: Banks
Public Bank Berhad Account Opening

... charge for any other supplementary services. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Notarized copy of valid passport. (Please see N.B. below) Or...

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Fidelity Asia Bank Account Opening

...ees for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Notarized copy of valid passport. (Please see N.B. below) Or...

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Fidelity Asia Bank Account Opening

...ees for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Each Beneficial owner, shareholder, director, authorised signat...

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HSBC Hong Kong Bank Account Opening

...ees for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Notarized copy of valid passport. (Please see N.B. below) Or...

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Alfa Bank Account Opening

...s for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Credits Please provide us with the following documents Notarized copy of valid passport. (Please see N.B. below) Origina...

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Alfa Bank Account Opening

...s for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Credits Please provide us with the following documents Each Beneficial owner, shareholder, director, authorised signatory and s...

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AfrAsia Bank Account Opening

...ees for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Each Beneficial owner, shareholder, director, authorised signator...

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AfrAsia Bank Account Opening

...ees for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Notarized copy of valid passport. (Please see N.B. below) ...

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Deltec Bank Account Opening

...ees for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services  Online banking Please provide us with the following documents Apostilled Certificate of Collation or set of corporat...

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Switzerland Crypto License

...digital access to an application or service (as a rule, is not subject to licensing, but in some cases may be equated with securities); asset tokens: a token whose function is similar to stocks and bonds (as a rule, they fall under the license for trading activity in the field of securities). Financial intermediary license Under the Anti-Money Laundering Act (AMLA), financial intermediar...

Path: Licensing
Curacao Gambling License

... which, amongst others, international trade and trade supportive services may be performed by, but not limited to, electronic communication and information equipment ("e-commerce"). The activities of these companies must, in principle, be focused on trading with or providing services to non-residents of Curaçao. The turnover generated through trading with or providing services to residents of Cur...

Path: Licensing
Belize Forex License

...aratively quick. Moreover, Belize enjoys good reputation in the sphere of financial services and is widely known to international banks and payment providers. Belize has even implemented licensing legislation that is particularly focused on forex trading companies. Provision of such services is regulated by International Financial Services Commission of Belize (IFSC). To satisfy the expectat...

Path: Licensing
Singapore Crypto License

...ic record Directors' details – part of public record Taxation Singapore has a favorable tax regime for crypto businesses: Corporate Tax: The corporate tax rate is 17% on profits. No Capital Gains Tax: Profits from crypto trading are generally not subject to capital gains tax. GST Exemption: Cryptocurrencies are exempt from Goods and Services Tax (GST). ...

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Fiji Foreign Exchange Dealer License

...es. In contradistinction to classic offshore jurisdiction, Fiji Islands are having very positive reputation among investors.Timeframe: approximately 3 months Minimum paid up capital:: $50,000 USD Overview Legality and Licensing: Forex trading in Fiji is legal. However, individuals and companies must obtain a Foreign Exchange Dealer License from the Reserve Bank of Fiji (RBF). This l...

Path: Licensing
Bahamas Dealing in Securities License

...ement letter with an approved auditor and the retainer Audit should be done from Bahamas Local office - Required Physical presence Required (at least 4 employees*: CEO, Compliance officer, Money Laundering Reporting Officer* and trading Representative) Company name Language: English Names having Assurance, Bank, Building Society, Chamber of Commerce, Chartered, Co...

Path: Licensing
Cyprus Investment Fund License

...designed to support the development of the country as an international financial and business center, to promote international investment and to support the development of financial services 30% personal income tax 0% corporate tax as gains from trading in securities are tax exempt exemption from tax on dividend income (subject to certain conditions) no withholding taxes on repatriation of...

Path: Licensing
Isle of Man Gambling License

...n Company structure At least two local directors (must be individuals, not corporate entities) At least one resident Designated Official (DO) Operations Manager (OM) if Designated Official cannot reside in the Isle of Man Gambling and trading accounts should be located in a bank in the Isle of Man Taxation Online gambling duty on a sliding scale from 1.5% down to 0.1% F...

Path: Licensing
CIMB Bank Account Opening

...ees for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Notarized copy of valid passport. (Please see N.B. below) Or...

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Australia Crypto License

...anticipated to oversee licensing for crypto businesses like exchanges and brokers. Currently, digital currency exchanges must register with AUSTRAC as service providers. Companies offering financial services related to digital currencies, such as trading or investment advice, need to obtain an Australian Financial Services (AFS) license from ASIC. This license permits the provision of various f...

Path: Licensing
New Zealand Crypto License

...rency transactions under the Financial Markets Authority (FMA). While a separate crypto license is not required, crypto assets are classified as securities and subject to regulatory controls. The taxation system includes taxes on income from mining, trading, and using cryptocurrencies. Companies must register with the Financial Service Providers Registry (FSPR) and comply with AML/CFT measures. ...

Path: Licensing
Georgia Crypto License

...s' details – part of public record Taxation Corporate Income Tax: Georgia uses an "Estonian model" of taxation, taxing only distributed profits at 15%. Reinvested profits are not taxed. Other Taxes: Income from cryptocurrency trading for individuals is exempt from income tax, and the exchange of crypto for national or foreign currency is exempt from VAT. Accou...

Path: Licensing
Kazakhstan Crypto License

...f digital assets, providing a legal framework for these activities. Despite the general ban on unsecured digital assets, the Astana International Financial Center (AIFC) allows their issuance and circulation under the “Operating a Digital Asset trading Facility” license. This license enables legal cryptocurrency activities within the AIFC, provided companies adhere to established rules, inc...

Path: Licensing
Maybank Account Opening

...fees for assistance of opening a bank account The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Notarized copy of valid passport. (Please see N.B. below) ...

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HSBC Hong Kong Bank Account Opening

...ees for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Each Beneficial owner, shareholder, director, authorised signator...

Path: Banks
Account Opening in Bank Alpinum

...istance of opening a bank account. The bank offers wide range of services and products  Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Notarized copy of valid passport. (Please see N.B. below) Or...

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Barclays Bank Account Opening

...ees for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Each Beneficial owner, shareholder, director, authorised signator...

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Vanuatu International Business Company Formation

... is legally vested in the trustee, thus gaining the potential for even greater tax planning. International companies are widely used vehicles for holding various investments such as property, shares, patents, etc. and can also be useful in operating trading businesses. Both their tax free status and the secrecy provisions embodied in the legislation, makes this type of company attractive to indivi...

Path: Companies
Labuan International Business Company Formation

...dentiality Beneficial owners' details – Not part of public record Shareholders' details – Not part of public record Directors' details – Not part of public record Taxation Labuan offshore companies who are engaged in offshore trading activities are subject to corporate profits tax, which will be levied at 3% on assessable net profits as per the audited accounts. A return an...

Path: Companies
United Kingdom Limited Company Formation

...vings, trust, trustees, university N.B. The initials GB or UK do not require approval. ’European’ - will not be approved if they imply unjustifiable connection with EU. ‘International’ - as prefix major activity must be overseas trading, as suffix, company activity must be in 2 or more overseas countries or any other words deemed sensitive or offensive. Restricted connection...

Path: Companies
United Kingdom Limited Liability Partnership Formation

...vings, trust, trustees, university N.B. The initials GB or UK do not require approval. ’European’ - will not be approved if they imply unjustifiable connection with EU. ‘International’ - as prefix major activity must be overseas trading, as suffix, company activity must be in 2 or more overseas countries or any other words deemed sensitive or offensive. Restricted connection...

Path: Companies
Ireland Private Limited Company Formation

...gal environment provides the ease of doing business, focusing on high-tech industries, trade, and investment. Irish company setup can become a very useful tool for international tax planning purposes, especially due to its universal rate of 12,5% on trading profits for tax resident companies and its extensive network of double taxation treaties. One of the most common forms of Irish legal entit...

Path: Companies
Andorra Limited Liability Company (SL) Formation

...e residence of one of the shareholders or directors in Andorra. Residency is available to company shareholders that fulfill some of the requirements. Nevertheless, the particular requirements depend mostly on the activities and the countries you are trading with. Andorra offers attractive corporate tax rates, which are among the lowest in Europe varying from 2% to 10%, and Europe’s lowest VAT...

Path: Companies
Macau Offshore Commercial Company (OCC) Formation

...ts as long as they do not use MOP currency, do not do business with local residents or other local companies No capital gains tax, sales tax, stamp duty, inheritance tax, or gift tax Other benefits Stable financial system Satisfactory trading environment Platform for economic and trading cooperation between mainland China and Portuguese-speaking countries Accounting requireme...

Path: Companies
Account Opening in Bank of Cyprus

...s for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Ban Please provide us with the following documents Notarized copy of valid passport. (Please see N.B. below) Orig...

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Alpha Bank Account Opening

...ees for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Notarized copy of valid passport. (Please see N.B. below) Or...

Path: Banks
Alpha Bank Account Opening

...ees for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Each Beneficial owner, shareholder, director, authorised signator...

Path: Banks
Account Opening in Bank of Georgia

...s for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Each Beneficial owner, shareholder, director, authorised signat...

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Comert Bank Account Opening

...or assistance of opening a bank account. THE BANK OFFERS WIDE RANGE OF SERVICES AND PRODUCTS Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking PLEASE PROVIDE US WITH THE FOLLOWING DOCUMENTS Each Beneficial owner, shareholder, director, authorised signator...

Path: Banks
Comert Bank Account Opening

...ees for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Notarized copy of valid passport. (Please see N.B. below) Or...

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Credit Suisse Bank Account Opening

...ees for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Each Beneficial owner, shareholder, director, authorised signator...

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Raiffeisenbank Bank Account Opening

... charge for any other supplementary services. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Notarized copy of valid passport. (Please see N.B. below) ...

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Bank Account Opening in ING Bank

...ees for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Each Beneficial owner, shareholder, director, authorised signator...

Path: Banks
Raiffeisenbank Bank Account Opening

... charge for any other supplementary services. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Each Beneficial owner, shareholder, director, authorised signat...

Path: Banks
Account Opening in Bank of Cyprus

...ees for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Each Beneficial owner, shareholder, director, authorised signat...

Path: Banks
Account Opening in Bank Alpinum

...or assistance of opening a bank account. The bank offers wide range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Each Beneficial owner, shareholder, director, authorised signator...

Path: Banks
CIMB Bank Account Opening

...ees for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Each Beneficial owner, shareholder, director, authorised signator...

Path: Banks
Maybank Account Opening

...fees for assistance of opening a bank account The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Each Beneficial owner, shareholder, director, authorised signator...

Path: Banks
Public Bank Berhad Account Opening

... charge for any other supplementary services. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Each Beneficial owner, shareholder, director, authorised signator...

Path: Banks
Account Opening in National Bank of Vanuatu

...ees for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Each Beneficial owner, shareholder, director, authorised signator...

Path: Banks
Pacific Private Bank Account Opening

... charge for any other supplementary services. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Each Beneficial owner, shareholder, director, authorised signator...

Path: Banks
Account Opening in Bank of Georgia

...s for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Notarized copy of valid passport. (Please see N.B. below) ...

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Barclays Bank Account Opening

...ees for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Notarized copy of valid passport. (Please see N.B. below) Or...

Path: Banks
Credit Suisse Bank Account Opening

...ees for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Notarized copy of valid passport. (Please see N.B. below) Or...

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Bank Account Opening in ING Bank

...ees for assistance of opening a bank account. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Notarized copy of valid passport. (Please see N.B. below) Or...

Path: Banks
Pacific Private Bank Account Opening

... charge for any other supplementary services. The bank offers range of services and products Personalised account service Savings & term deposits International wire transfers Treasury& Foreign Exchange services Card services trading services Online Banking Please provide us with the following documents Notarized copy of valid passport. (Please see N.B. below) Or...

Path: Banks