Last Week it was revealed that Doo Financial, a subsidiary of Doo Group, has been granted a new licence by the Cyprus Securities and Exchange Commission (CySEC).
Doo Financial Gains New CySEC Licence
The company explained in a press release that the move strengthens its global regulatory footprint and commitment to providing secure and regulated trading environments for its clients.
The CySEC licence adds to Doo Group’s existing regulatory approvals from the UK, Australia, Hong Kong and Malaysia. The expansion into the European Union, under the supervision of a European Supervisory Authority, is seen as a way of boosting client confidence in the company.
Costas Kappai, Doo Financial EU, said: “Acquiring the new license from CySEC is a significant milestone for Doo Financial, marking a key step in our ongoing growth and strategic expansion.”
The new licence allows Doo Financial to offer a range of financial services and trading products to a wider European audience. It also ensures that the company has to comply with stringent regulatory standards.
“This achievement not only reinforces our commitment to maintaining the highest standards of regulatory excellence but also solidifies our position as a trusted, reliable financial institution within Europe,” added Kappai. “By aligning with CySEC’s rigorous requirements, we are better positioned to offer enhanced services to our clients, foster greater transparency, and ensure long-term stability in an increasingly complex and dynamic financial landscape.”
