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If you plan to operate as a Banking-as-a-Service (BaaS for short) provider, you should obtain a banking license. This is a crucial aspect as your choice will settle the scope of your business, the menu of services you will deliver, the client base, and even your market share. Read on to figure out the core…

Today, activities of such market representatives as Forex brokers are extremely common; however, brokerage structures don’t have legal right to officially work with traders’ transactions without getting Forex licenses. Traders try not to deal with unlicensed organizations as their operations are considered unsafe and outside the legal limits. Risk is a noble cause, and in…

Transactions related to the implementation of any actions within securities market, in particular Forex, carried out in the territory of Seychelles must be carried out by a licensed person acting in accordance with the rules of the local regulations of state. Such enterprise establishment is a rather multifaceted process regarding legal nuances. Purchasing a ready…

Mauritius is a jurisdiction popular among those wishing to establish Forex company. For businesspersons, this is a rather profitable solution, since flexible and loyal conditions are set there, which allows you to start a commercial way in shortest possible time, while not being burdened with large financial costs. No matter what jurisdiction we are talking…

As known, Forex brokers activities regulation in USA are classified as one of the most stringent, but at the same time the most reliable in the world. Its mechanism is built on the principle of maximum protection of customers from fraudulent activities, although some features of the regulation are still a topic for active discussion….

According to the Law on Payment Services, large payment institutions are regulated to provide payment services without reaching the established limits and such Major payment institutions could apply for the license in Singapore. Section 6, paragraph 5 of the Law on Payment Services sets restrictions. In short, they are: The monthly volume of transactions should…

On April 5, 2022, a number of modifications to the PCMLTFA regulations were published. This article provides an overview of recent amendments to the AML/TF regulations, which have implications for crowdfunding sites, and may bring a substantial impact on money service companies subject to their operational format. Updated PCMLTFA regulations: what is new? By virtue…

Persons with other citizenship possess rights to open bank account in USA, but not all establishments spread their services to other residents. Plenty of establishments claim social securities, which non-residential persons don’t possess. Nevertheless, large banking corporations permit other persons to cooperate with them subject to determined rules. Documentation needed for bank account in USA…

Buying an E-Money Institution that is duly authorized but has not operated is a popular inquiry among the individuals that are willing to operate in a financial market. However, there are a lot of pitfalls in getting relevant information when it comes to acquiring or selling an authorized company. In this article, we will provide…

Labuan cryptocurrency exchange is a digital space via which issuer of digital assets can transfer their funds (incl. cryptoactives) to other persons, in particular, invest in a project, and trade in cryptocoins, transfer fiat for crypto and like that. Crypto exchange licensing in Labuan is a necessary step for entrepreneur wanting to master this niche….

Holding an Australian Financial Services (AFS) license authorizes you and your representatives to conduct a financial services business. If you provide or have an intention to carry on financial services offerings, you will need to be licensed by ASIC. Below you will find a comprehensive guide as to what are the key steps you need…

The Eternity Law International team found immense value in their participation at Fazzaco Expo Dubai 2022. Held in the dynamic business hub of Dubai, this expo provided an perfect platform for forging new business connections and exploring emerging opportunities in the financial sector. With a focus on networking and collaboration, Fazzaco Expo Dubai 2022 facilitated…