Doo Group Affiliate, Doo Prime, Secures Seychelles FSA License To Safeguard Our Clients’ Funds

Blog | 12 Nov 2021 04:28/PM GMT

Doo Group affiliate, Doo Prime, is pleased to announce that Doo Prime Seychelles Limited is now regulated by the Seychelles Financial Services Authority (FSA). This comes with the successful acquisition of the Seychelles Securities Dealer License.  

With this, Doo Prime is in the position to protect clients’ funds in multiple aspects within a safe and secure trading environment.  

FSA License Approval Promotes Doo Group’s Multidimensional International Regulation Ethos

The FSA is an autonomous regulator of non-bank financial services in Seychelles. Established under the FSA Act 2013, it is responsible for supervising and ensuring regulatory compliance of non-bank financial services sector in Seychelles. Currently, the FSA is a member of the International Organization of Securities Commissions (IOSCO). 

Seychelles has become increasingly attractive to foreign investors in recent years. In fact, the region has gradually become one of the most popular jurisdictions in the world when it comes to obtaining the financial trading license.   

Companies holding a Seychelles FSA Securities Dealer License are not only able to advise clients on securities, stocks, contracts for differences (CFDs), and other trading products, but can also trade in securities on a principal or agency basis. 

In line with the industry’s standards, Doo Group affiliate Doo Prime has applied for a Securities Dealer License from the FSA in furtherance of enhancing the protection of our clients’ interests. Under the supervision of the FSA, Doo Prime is authorized to conduct relevant financial services and business in Seychelles. With strict regulation by both the Financial Services Act coupled with other financial services laws, Doo Prime has established a safer and more secure trading environment. 

In addition to the FSA Securities Dealer License, Doo Group is also strictly regulated by a number of top financial regulatory agencies around the world, including the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA), the U.K. Financial Conduct Authority (FCA), the Mauritius Financial Services Commission (FSC), and Vanuatu Financial Services Commission (VFSC), to ensure the safety of clients’ funds from multiple dimensions. 

 

Assuring Clients With Accredited Financial Services 

Doo Group has always adhered to the principle of “customer first” and is committed to providing every customer with professional service and a satisfactory experience. We know that as a financial services company, it is our core responsibility to ensure that our clients’ assets are safe and treated fairly. 

The successful issuance of the Group’s brand Doo Prime as a securities dealer license by the FSA of the Seychelles is an important manifestation of the high importance we attach to the safety of our clients’ funds and the trading experience. 

Doo Group will join hands with Doo Clearing, Doo Financial, Doo Prime, Doo Tech, and other sub-brands to continue to uphold the breakthrough and innovative corporate philosophy, strengthen its own products and service quality, and provide clients with better financial services with first-class financial technology standards. 

 

About Doo Group          

Established in 2014, Doo Group is headquartered in Singapore. After years of development, the Doo Group has become a large fintech-motivated financial service group, comprised of affiliates including Doo Clearing, Doo Financial, Doo Prime, and Doo Tech.   

Doo Group is committed to serving individuals and institutional customers around the world with innovative trading brokerage services for securities, futures, Contract For Differences (CFDs), and other trading products. 

Currently, some of the legal entities under Doo Group are regulated by financial regulators around the world, including the US Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), the UK Financial Conduct Authority (FCA), the Mauritius Financial Services Commission (MFSC) and the Vanuatu Financial Services Commission (VFSC), with operating centres located in Dallas, London, Singapore, Hong Kong, Dubai, Kuala Lumpur, and other regions.  

 

Visit us at www.doogroup.com 

For enquiries and further information, please contact us:      

Hong Kong: +852 6701 2091         

Email: [email protected]   

  

[Disclaimer]     

This information is addressed to the general public solely for information purposes and should not be taken as investment advice, recommendation, offer, or solicitation to buy or sell any trading instrument. The information displayed herein has been prepared without any reference or consideration to any particular recipient’s investment objectives or financial situation. Past performance of an investment is not an indication of its performance in the future. Doo Group makes no representation and warranties to the information displayed and shall not be liable for any direct or indirect loss or damages as a result of any inaccuracies and incompleteness of the information provided. Doo Group shall not be liable for any loss or damages as a result of any direct or indirect trading risks, profit, or loss associated with any individual’s investment.