- Licensed in January 2024.
- Directors willing to stay in the structure.
- Shareholders willing to stay in the structure for 8 months as company starts operation.
- AML reporting officer will remain in the structure.
- Secretary will also stay if needed.
- Bank account active at MauBank for corporate use and clients funds.
- License category Broker Dealer.
Activities allowed:
- Act as an intermediary in the execution of securities transactions for clients;
- Trade in securities as principal with the intention of reselling these securities to the public;
- Give investment advice which is ancillary to the normal course of his business activities; and
- Manage portfolios of clients;
- Capital requirements: Buyer to inject minimum capital requirement of USD 16,000.