Malta updates policies for Forex brokers

The MFSA has just updated its policy on online forex trading service providers, licensed as Category 2 or Category 3 Investment Service Licence holders. Key changes are its threshold in relation to the requirement of a direct qualifying shareholding by a licensed entity and enhanced consumer protection warnings.

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CySec suspends license of FxPulp

FxPulp’s license has been suspended by CySec, with a 10 day period having been provided for the firm to comply with irregularities highlighted by the regulator. During this period, the firm must return client funds and profits

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