Singapore based brokerage firm Doo Group has announced that Doo Financial, one of its brands, has been awarded a new license by the Cyprus Securities and Exchange Commission (CySEC), from where the company will be able to serve EU based clients.
Doo Financial EMEA will be headed by Costas Kappai, formerly Executive Director and General Manager of FXPrimus.
We had reported as far back as mid 2023 that Doo Group had designs on expanding to the EU out of Cyprus, as the company made a number of Cyprus based hires and was building an operation there.
The addition of the CySEC license highlights Doo Group’s extensive regulatory framework, which already spans across multiple financial jurisdictions, including the United Kingdom, Australia, Hong…
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