Plus500 Ltd (LON:PLUS) has just released a statement through the London Stock Exchange (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.
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