The Australian Securities and Investments Commission (ASIC) announced this Thursday that it has suspended the Australian financial services (AFS) license of Forex Plus Australia Pty Ltd (Forex Plus) and canceled the AFS license of Squareknot Pty Ltd. The Australian regulator has suspended the AFS license of Forex Plus for six months, effective from 28/05/ · Australia financial regulator ASIC said on Thursday that it has suspended the AFS licence of NSW-based financial services provider Forex Plus Australia Pty Ltd (Forex Plus) for six months, effective from May 5, Forex Plus’ licence was suspended after ASIC became aware that Forex Plus had not been providing financial services for some time Copyright © Forex Plus Australia Pty Ltd • ACN AFSL • 1 Ellen Street, Bowral • NSW Australia
Forex Plus Australia Pty Ltd - ABN, ACN, Business names, Former names
The Australian Securities and Investments Commission ASIC announced this Thursday that it has suspended the Australian financial services AFS license of Forex Plus Forex plus australia pty ltd Pty Ltd Forex Plus and canceled the AFS license of Squareknot Pty Ltd. The Australian regulator has suspended the AFS license of Forex Plus for six months, effective from the 5th of May The Most Diverse Audience to Date at FMLS — Where Finance Meets Innovation.
Under the Corporations Act, the Aussie watchdog may suspend or cancel an AFS license if the licensee has ceased providing financial services. Forex Plus was authorized to provide advice and make a market for foreign exchange contracts for wholesale clients. As Finance Magnates reportedas of February this year, ASIC was granted new powers which allow it to cancel both AFSL and Australian Credit License ACL if the licensee does not begin its operations within six months of the license being granted.
Furthermore, the agency said that Forex Plus failed to lodge its audited accounts for a number of years. In addition to Forex Plus, ASIC also said that it had cancelled the license of Sydney-based financial services provider Squareknot, which took effect on the 6th of May Specifically, the regulator found that the company did not meet the base level financial requirements of its license. Squareknot was granted AFS license no. It was authorized forex plus australia pty ltd provide general advice on, forex plus australia pty ltd, and deal in, securities for wholesale clients.
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, time: 1:17Forex Plus Australia Pty Ltd | Private Secondary Market Securities
28/05/ · Australia financial regulator ASIC said on Thursday that it has suspended the AFS licence of NSW-based financial services provider Forex Plus Australia Pty Ltd (Forex Plus) for six months, effective from May 5, Forex Plus’ licence was suspended after ASIC became aware that Forex Plus had not been providing financial services for some time Copyright © Forex Plus Australia Pty Ltd • ACN AFSL • 1 Ellen Street, Bowral • NSW Australia The Australian Securities and Investments Commission (ASIC) announced this Thursday that it has suspended the Australian financial services (AFS) license of Forex Plus Australia Pty Ltd (Forex Plus) and canceled the AFS license of Squareknot Pty Ltd. The Australian regulator has suspended the AFS license of Forex Plus for six months, effective from
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