According to a company press release, Alpari has established a regulated entity in Mauritius under the name Alpari International Limited, in order to provide its clients, starting in April 2014, with the option of trading with a firm regulated by the Financial Services Commission (FSC) of Mauritius, under its brand.
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The company said in its March 18 press release how it had gained considerable experience operating in different parts of the world, and how Alpari International Limited works at the same high standards of quality of service which, combined with its innovative approach, uniquely identifies the Alpari brand.
Asia A Focus of New Regulatory Hub
“Alpari International Limited is beginning full operations, opening a new page in the global development of the Alpari brand. Alpari is ready to offer our Asian clients a high quality service, combined with the most attractive conditions and leading edge technology,” said Mr. Om Pravesh Kumar Lolljee, Director of Alpari International Limited in Mauritius, as first shared with Finance Magnates exclusively.
Flag of the Republic of MauritiuAs part of the new entity offered under the brand, the company holds a Category 1 Global Business Licence under Section 72 (6) of the Financial Services Act, and an Investment Dealer (Full Service Dealer, excluding Underwriting) Licence pursuant to Section 29 of the Securities Act 2005, Rule 4 of the Securities (Licencing) Rules 2007 and the Financial Services (Consolidated Licencing and Fees) Rules 2008.