My-offshore.com Provides Information on Forex Licensing and Regulation in Malaysia My-offshore.com, a brand name of Ocfam Global Limited is one of the leading and most specialized consultancy firms for financial services companies in Asia and Asia Pacific. It is one among the few global professional consultancy companies that offer a complete range of consulting services and effective solutions related to the establishment. In an address to heads of companies regarding forex licensing and regulation in Malaysia, their Chief Project Manager asserted, “My-offshore.com is a professional consultancy firm that offers a complete range of consulting services and effective solutions related to the establishment, licensing and operation of Forex Brokerage Firms. Choosing the correct jurisdiction for setting up the FOREX broking firm is very crucial as the success of the business greatly rely on this factor. An efficient and dependable regulatory body is essential for the FX broker’s success as the ever changing challenges of the financial market has to be well tackled.” They process the following types of offshore forex broker license in various jurisdictions in Malaysia. Reception and transmission of orders concerning one or more financial instruments. These include market making and non-market making, execution of orders on behalf of clients, dealing with own account and investment advice. LFSA, Malaysia contributes one of the strongest regulatory frameworks for various financial services activities from Labuan. It offers a straight-through-process license for Money broking, with stringent capital adequacy requirement, in line with the onshore STP license of many of its European counterparts. Also important, LFSA licensed firms enjoy great tax relief. The Chief Project Manager added, “Vanuatu, located in the South Pacific Ocean is fast becoming a favored jurisdiction for many Forex brokers looking for regulation. The main benefit of obtaining a Vanuatu license is that it is highly cost-effective due to the low capital requirements that Forex brokers need to meet for them to receive a Vanuatu Forex license. Belize IFSC is one among the few regulators that offer very specific guidelines for FX brokers and their operations. Belize license delivers a great degree of credibility among global investors. Belize offers very favourable tax laws for International Business Companies.”
My-offshore.com is one among the top professional consultancy firms that offer a comprehensive list of consulting services and efficient solutions that help in the establishing, licensing and operating of forex brokerage firms. Forex broking license is tightly governed and regulated by countries across the globe; this makes it get more and more difficult for broking firms to enter into new regions. The regulatory requirements continue to be strict. Picking the appropriate jurisdiction for setting up the forex broking firm is very crucial to the success of the business heavily depends on it.
About My-offshore.com My-offshore.com is a global commercial license specialist that offers quality licensing services to companies and individuals worldwide. Firms should contact them for information on forex license and regulation as they make work easier for firms that wish to incorporate an offshore company in Asia and Asia Pacific. The offshore regions include Netherlands, Switzerland, Malaysia, United Kingdom, Hong Kong, Singapore and more.
Contact Details My-offshore.com Office: Unit Level 14(B) & 14(C),
Main Office Tower,
Financial Park Labuan, Jalan Merdeka, 87000 Federal Territory of Labuan, Malaysia. Telephone: (+60)-8-7599-355 Fax: (60)-8-7599-201 E-mail: email@example.com Skype: My-offshore.com Website: http://www.my-offshore.com/
Published on Jan 12, 2017
My-offshore.com is a global commercial license specialist that offers quality licensing services to companies and individuals worldwide. Fir...