FSCA challenges two forex and CFD trading FSPs over governance, offshore control and KI oversight
The FSCA has provisionally withdrawn the licences of FXNovus (Pty) Ltd (FSP 50963) and The Grand Trading (Pty) Ltd (FSP 53871) following preliminary investigations that raised concerns about whether the businesses and their Key Individuals were exercising effective management and oversight over regulated activities. In both cases, the regulator says ...
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