Further to the press release dated 27 May 2010 regarding the suspension of a number of Global Business licences, the Financial Services Commission has, in accordance with Section 74 (5) of the Financial Services Act, now revoked the Global Business Licence of the following companies:-
- BASEL FINANCIAL INC.
- FXCOMPANY FINANCIAL GROUP LTD
- FXMarkets Ltd
- FXOpen Investments Inc.
- WORLD DERIVATIVES TRADERS LTD
Furthermore, pursuant to Section 74 (7) (b) of the Financial Services Act, the above companies have been directed to start the winding up of their business.
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