Breaking: Plus500 Resumes Onboarding Clients Through FCA Regulated Unit
- The company has fully resolved the regulatory hurdles that prevented it from onboarding clients in the UK
Plus500 Ltd (LON:PLUS) has just released a statement through the London Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term (LSE) that it is resuming the onboarding activity of its U.K. Financial Conduct Authority (FCA) regulated unit. The brokerage faced regulatory hurdles earlier this year after the regulator established that the way in which new clients were verified did not adhere to the watchdog's requirements.
The brokerage also confirms in its statement that it is not subject to any regulatory restrictions. Plus500UK will resumer the onboarding process of new customers in January 2016.
Plus500 Ltd (LON:PLUS) has just released a statement through the London Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term (LSE) that it is resuming the onboarding activity of its U.K. Financial Conduct Authority (FCA) regulated unit. The brokerage faced regulatory hurdles earlier this year after the regulator established that the way in which new clients were verified did not adhere to the watchdog's requirements.
The brokerage also confirms in its statement that it is not subject to any regulatory restrictions. Plus500UK will resumer the onboarding process of new customers in January 2016.