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Screenshot of a breaking news alert e-mail from Q2 2017
Belize financial regulator IFSC announced that it has revoked the License for Trading in Financial and Commodity-based Derivatives Instrument and other Securities (“Trading in Securities”), reference number IFSC/60/372/TS/17, issued to FM Marketing Ltd. (the “Company”) with immediate effect, pursuant to section 7(8) of the International Financial Services Commission Act, Chapter 272 of the Substantive Laws of Belize, Revised Edition 2011, which authorises the Commission for good and proper cause and after giving the licensee an opportunity to make representations cancel or suspend a licence granted under the Act.
The public is, therefore, hereby informed that the Trading in Securities license issued to the Company, reference number IFSC/60/372/TS/17, stands revoked with effect from 13th December 2017.
The official announcement can be seen here.