After 4 Months of Approval, FinCom Removes Orfinex from Membership


FM Home
>
Retail FX
>
After 4 Months of Approval, FinCom Removes Orfinex from Membership

After 4 Months of Approval, FinCom Removes Orfinex from Membership

2024-08-23T12:13:00.934+02:00
Friday, 23/08/2024 | 10:13 GMT by

Tareq Sikder

  • Orfinex clients will lose access to the FinCom’s Compensation Fund.
  • The firm has been expelled on August 23, 2024, after multiple rule violations, according to FinCom.

This post is originally published on FINANCEMAGNATES.

  • Related Posts

    US Consumer Watchdog Tightens Oversight on Nonbank Payment Services

    The US consumer protection watchdog in the financial sector has tightened its oversight on nonbank firms offering digital payment services. Consumer Financial Protection Bureau (CFPB) has finalized a rule targeting…

    PayPal Restores Services After Two-Hour Global Outage Disrupting Crypto and Venmo

    Payments firm PayPal (PYPL.O) announced it had resolved a global outage that disrupted services for nearly two hours today (Thursday). The issue began at 1053 GMT. It affected multiple PayPal…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Gold prices rise, set for strong weekly gains on Russia-Ukraine jitters

    • November 22, 2024
    Gold prices rise, set for strong weekly gains on Russia-Ukraine jitters

    Asian FX muted as dollar remains at 1-yr high; yen steady as inflation rises

    • November 22, 2024
    Asian FX muted as dollar remains at 1-yr high; yen steady as inflation rises

    Oil heads for weekly gains on anxiety over intensifying Ukraine war

    • November 22, 2024
    Oil heads for weekly gains on anxiety over intensifying Ukraine war

    Oil prices rise, head for weekly gain on Russia-Ukraine tensions

    • November 22, 2024
    Oil prices rise, head for weekly gain on Russia-Ukraine tensions

    Oil rises as intensifying Ukraine war increases supply risk

    • November 22, 2024
    Oil rises as intensifying Ukraine war increases supply risk

    Exxon group pulls out of talks with Guyana over shallow water oil block, government says

    • November 21, 2024
    Exxon group pulls out of talks with Guyana over shallow water oil block, government says