Search Mark
Home / Company News

Doo Prime Receives The Prestigious Vanuatu Financial Services Commission License


Vanuatu Financial Services Commission License Awarded To Doo Prime by the Vanuatu Government

(VANUATU – April 10) Doo Prime is very pleased to announced that we have received the regulatory approval from the Vanuatu Financial Services Commission (VFSC).

The license is granted by the Minister of Finance Vanuatu Financial Services Commission (VFSC), effective from April 14 2020.

As of now, Doo Prime Vanuatu Limited has obtained the Securities Dealer’s license to operate business related to underwriting securities and depositing money with professional clients securely and efficiently.

Under the supervision of VFSC, Doo Prime will be providing superior products and quality online trading services to all clients.

This license allows Doo Prime to trade Forex and commodities, buy, sell, trade securities such as shares, bonds, options et cetera and manage a portfolio of investments for and on behalf of our clients.

Doo Prime Receives The Prestigious Vanuatu Financial Services Commission License | www.dooprime.com

Doo Prime Receives The Prestigious Vanuatu Financial Services Commission License

Doo Prime is able to obtain the license of the Securities Dealer by the requirement of the Dealers in Securities (Licensing) Act [Cap 70 of the laws of Vanuatu] (previously called Prevention of Fraud (Investment) Act) which allows individuals and companies to apply for such license.

Moving forward, with a Principal’s License, Doo Prime as a holder has the right to operate our business of “dealing in securities” which refers to making, offering, inducing or attempting to induce any person into any agreement with a view to acquiring, disposing of, subscribing for, underwriting securities, lending, depositing money to or with any industrial, provident society and building society.

The agreement may also include any agreement the purpose or pretended purpose of which is to secure a profit to any of the parties from the yield of securities or by reference to fluctuations in the value of securities, and “deal in securities” shall be construed accordingly;”

As a result, foreign exchange transactions that are intended to make a profit for the client (as opposed to simple money exchange) fall within the definition of “dealing in securities” and the provided licenses will assist Doo Prime to carry out such business for the Securities Licence is required.

Vanuatu Financial Services Commission (VFSC) License Certificate of Doo Prime | www.dooprime.com

Vanuatu Financial Services Commission (VFSC) License Certificate of Doo Prime

 

Through our vigilance against complacency, we at Doo Prime remain committed to our corporate vision to offer the highest quality services to retail forex traders and partners.

— Ends —

 

For further information, please contact us via:

Tel:

Europe: +44 1137335199

Asia: +852 3704 4241

Asia – China: +86 4008427539

Email: [email protected]

Website: https://www.dooprime.com

 

Share to

Company News

Enhancing Doo Group’s Presence In The New Market With Token 2049 Dubai 

Doo Group is thrilled to announce our participation as the silver sponsor in the renowned Token 2049 Dubai, which will be held at the Madinat Jumeirah Conference Centre, from 18 April 2024 to 19 April 2024.  Token 2049 is known for being a premier conference where founders and executives of the biggest Web3 companies and […]

2024-3-20 | Company News

Doo Prime Reports Record Trading Volume in February 2024 

Doo Prime, a pre-eminent online brokerage group with FinTech as its core, recently released its February 2024 trading volume report.

2024-3-13 | Company News

Doo Prime's Debut Participation at the Money Expo Mexico 

Doo Prime participated at the Money Expo Mexico as a Platinum Sponsor, on the 7th and 8th  of February 2024 as part of its commitment to building a strong foundation for further growth in Latin America and reinforcing bonds with the local client base, partners and industry peers. The event serves as a focal point […]

2024-2-16 | Company News