AG sets out the delineation between a payment service and e-money issuance independent.com.mt - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from independent.com.mt Daily Mail and Mail on Sunday newspapers.
December 10, 2020 2:12 pm UTC, Andrew Saks
CySec last week issued a fine and marked one of the reasons down as conflicts of interest, but did not elaborate. We expose the incestuous web of deceit that surrounds the FX firm in question. It is time regulators did their investigations more thoroughly
FX industry experts have all seen it many times.
The dubious practice in which companies whose core business activity is providing services, be they liquidity, brokerage solutions or market integration services to retail FX brokers and then open a retail FX brokerage with an MetaTrader 4 off-the-shelf solution under a different name.