Equiti Group Receives CySEC License to Operate in Europe
Equiti Group, a leading provider of online trading technology and multi-asset financial products, announced that it has secured the operating license from the Cyprus Securities and Exchange Commission (CySEC).
The new CySEC license was awarded to Equiti Global Markets Ltd, the group's Cyprus-registered subsidiary, allowing it to operate in Europe.
"We are excited to be awarded our new CySEC license that allows us to extend our business-to-business offering in a secure, regulated manner to clients in Europe," commented Iskandar Najjar, CEO of Equiti Group. "Our CySEC license gives our clients peace of mind by knowing that they are with a global broker in Europe that they can trust and that with CySEC's regulatory oversight, strict financial market regulatory standards are adhered to. Regulation and good governance have always been and will continue to be a key part of Equiti's business model."
Evdokia Pitsillidou, Risk & Compliance Director at SALVUS, a licensing, regulatory compliance and internal audits service provider, commented: "Obtaining the CySEC license for Equiti Global Markets LTD was the result of proactive communication and diligence, in a team effort with input from highly skilled professionals."The firm has played an important role in Equiti's CySEC license obtaining.
Equiti Group has announced several executives changes recently to support its global expansion strategy. Hamad Haider had been promoted to the group's Chief Legal Officer in early September, following the appointment of Christoffer Rosenkilde Nielsen as Chief Technology Officer in August.
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