Singapore based online brokerage firm Doo Group has announced that entities operating under its Doo Financial online brokerage brand have received new licenses from the British Virgin Islands Financial Services Commission (BVI FSC), and the Cayman Islands Monetary Authority (CIMA).
Doo Financial Fund Management (BVI) Limited (DF BVI), an entity of Doo Financial, has successfully obtained a license issued by the BVI FSC (Certificate of Approval for Investment Managers: IBR/AIM/24/2085). Doo Selected SPC Fund, also an entity company of Doo Financial, obtained a public fund license (public fund registration number: 2147585) issued by CIMA.
DF BVI is now authorised by the BVI FSC to act as an investment adviser or manager for private funds, professional funds or closed-end funds in accordance with regulation 9 of the Investment Business (Approved Investment Managers) Regulations 2012. Doo Selected SPC Fund said it will provide customers…
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