PR83734

PORT VILA, Vanuatu, April 20, 2020 /PRNewswire=KYODO JBN/ --

Doo Prime Vanuatu Limited has acquired the Vanuatu Financial Services

Commission (VFSC) regulatory authorization with the regulatory number: 700238.

Under the supervision of VFSC, an additional professional liability insurance

of up to US$ 500,000 is purchased for customers to protect their assets from

being misused or stolen due to lack of professional responsibility, ensuring

the safety of investors' funds.

Photo - https://photos.prnasia.com/prnh/20200420/2780925-1

caption: Doo Prime Receives Vanuatu Financial Services Commission (VFSC)

Approvals

With the tightening of global financial industry policies and the promulgation

of new EU regulations imposed nowadays, many traditional large-scale brokers

have set their sights on offshore supervision to ensure security. The high

leverage and high trading flexibility brought by offshore supervision are

practical requirements for traders and brokers. Besides, the offshore financial

centres are also stepping up strict regional legal supervision.

The granting of the VFSC license contributes to Doo Holding's ability to

provide traders with our services in the offshore regions. It also strengthens

and determines the overall capability of our Doo Prime's long-term and stable

operation.

In terms of compliance operations, other than the newly granted Vanuatu

Financial Services Commission VFSC license, Doo Holding also holds different

regulatory licenses and operating authorizations for multiple world-class

financial centres such as UK FCA (the liquidity provider brand Doo Clearing)

and HK MSO.

Doo Prime is a wholly-owned subsidiary of Doo Holding Group and has offices in

Hong Kong, London, Taipei, and Kuala Lumpur. Obtaining the VFSC supervision

this time means that Doo Prime has been striving to break down and tackle the

financial market barriers alongside providing customers with a more flexible

and safe trading environment. In addition, Doo Prime is also applying for

regulatory licenses in three other countries.

As always, Doo Prime will prioritise safety, professionalism, efficiency, and

transparency as the core criteria. Doo Prime's main ethos includes providing a

safer, more convenient, and faster trading environment for global customers,

alongside building a world leading private exclusive brokerage.

For the VFSC regulatory license, investors and partners can inquire about

license information at: https://www.vfsc.vu/

Website: www.dooprime.com

source: Doo Prime 

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Caption: Doo Prime Receives Vanuatu Financial Services Commission (VFSC) Approvals