 |
|
|||||||||||||||||||||||||||
|
|
INTERNATIONAL BROKERAGE & CLEARING HOUSE LICENSE
INTERNATIONAL BROKERAGE & CLEARING HOUSE LICENSE This website provides information about a government issued International Brokerage and Clearing House License which allows the license holder to engage in activities such as brokering, issuing and underwriting of securities, asset management, transaction clearing, fund management, payment processing, currency trading and financial advisory. Please review the License section of our website for details about application procedure, due diligence requirements and relevant license fees.
LICENSE
The International
Brokerage & Clearing House License introduced in 2007 allows for the
license holder to engage in activities such as:
Stock Brokerage
Securities Brokerage
Financial Advisory
Asset Management
Fund Management
Custody Services
Transaction Clearing
Payment Processing
Currency Trading (FOREX)
Issuance of Securities
Underwriting of Securities
In order to apply for a license the
applicant must first establish an International Business Company (IBC) in
The IBC applying for a license should have a minimum capital of EUR 250.000.
ABOUT THE JURISDICTION
The
license described on this website is issued by the Offshore Finance
Authority of Anjouan, Union of the
L EGISLATION
The government of Anjouan
passed several new laws in 2005 in order to create a modern and attractive
legal framework for international business as well as to ensure that the
jurisdiction is in compliance with international regulations and
recommendations relating to anti money laundering and anti terrorist
funding measures. The mission of the Offshore Finance Authority is to
maintain a business friendly environment with light regulation while
respecting international conventions and standards. The following laws
were adopted in 2005:
|
