Country for PR: China
Contributor: PR Newswire Asia (China)
Monday, April 20 2020 - 20:15
AsiaNet
Doo Prime Receives Vanuatu Financial Services Commission (VFSC) Approvals
PORT VILA, Vanuatu, April 20, 2020 /PRNewswire-AsiaNet/ --

Doo Prime Vanuatu Limited has acquired the Vanuatu Financial Services 
Commission (VFSC) regulatory authorization with the regulatory number: 700238. 
Under the supervision of VFSC, an additional professional liability insurance 
of up to US$ 500,000 is purchased for customers to protect their assets from 
being misused or stolen due to lack of professional responsibility, ensuring 
the safety of investors' funds.

Photo - https://photos.prnasia.com/prnh/20200420/2780925-1
caption: Doo Prime Receives Vanuatu Financial Services Commission (VFSC) 
Approvals

With the tightening of global financial industry policies and the promulgation 
of new EU regulations imposed nowadays, many traditional large-scale brokers 
have set their sights on offshore supervision to ensure security. The high 
leverage and high trading flexibility brought by offshore supervision are 
practical requirements for traders and brokers. Besides, the offshore financial 
centres are also stepping up strict regional legal supervision.

The granting of the VFSC license contributes to Doo Holding's ability to 
provide traders with our services in the offshore regions. It also strengthens 
and determines the overall capability of our Doo Prime's long-term and stable 
operation.

In terms of compliance operations, other than the newly granted Vanuatu 
Financial Services Commission VFSC license, Doo Holding also holds different 
regulatory licenses and operating authorizations for multiple world-class 
financial centres such as UK FCA (the liquidity provider brand Doo Clearing) 
and HK MSO. 

Doo Prime is a wholly-owned subsidiary of Doo Holding Group and has offices in 
Hong Kong, London, Taipei, and Kuala Lumpur. Obtaining the VFSC supervision 
this time means that Doo Prime has been striving to break down and tackle the 
financial market barriers alongside providing customers with a more flexible 
and safe trading environment. In addition, Doo Prime is also applying for 
regulatory licenses in three other countries. 

As always, Doo Prime will prioritise safety, professionalism, efficiency, and 
transparency as the core criteria. Doo Prime's main ethos includes providing a 
safer, more convenient, and faster trading environment for global customers, 
alongside building a world leading private exclusive brokerage. 

For the VFSC regulatory license, investors and partners can inquire about 
license information at: https://www.vfsc.vu/

Website: www.dooprime.com

source: Doo Prime Marketing Team, Phone Number: +442081239088, E-Mail: 
marketing@dooprime.com. 

Image Attachments Links:

   Link: https://iop.asianetnews.net/view-attachment?attach-id=362175

   Caption: Doo Prime Receives Vanuatu Financial Services Commission (VFSC) 
Approvals

Attachments
1.png
Translations

Vietnamese

Japanese