"XS.com, the global multi-asset fintech and financial services provider, is proud to announce it has secured a highly sought-after regulatory license from the Securities & Commodities Authority (SCA) of the United Arab Emirates (UAE). This achievement marks a landmark moment in the group's global growth journey and significantly strengthens its presence in UAE - the leading global financial hub. Through this license, XS.com has established a new entity in UAE which will operate under SCA Category 5 license."
"Securing our new SCA license in UAE is a moment of pride for everyone at XS.com and a powerful validation of the credibility we have built over the years. The United Arab Emirates is a prestigious and dynamic global financial hub, and being licensed here represents not only a regulatory milestone but also a clear signal of our commitment to excellence, transparency, and client protection."
"XS.com is widely recognised as one of the most reputable and trusted brokers worldwide, operating under multiple licenses across leading jurisdictions including: the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), the Financial Services Authority of Seychelles (FSA), the Labuan Financial Services Authority (LFSA) in Malaysia, the Financial Sector Conduct Authority (FSCA) in South Africa, the Financial Services Commission in Mauritius (FSC), and the Ministry of Commerce and Industry (MOCI) in Kuwait."
XS.com secured an SCA Category 5 license and established a new UAE entity to operate under the Securities & Commodities Authority framework. The license significantly strengthens XS.com's presence in the UAE, a leading global financial hub, and allows operation under a respected regulatory framework that enhances reputation for trust and credibility. Securing the SCA license is presented as a moment of pride and validation of built credibility, signaling commitment to excellence, transparency, and client protection. XS.com already operates under multiple licenses across major jurisdictions, and adding the UAE reinforces its position as a global, well-regulated financial institution.
Read at London Business News | Londonlovesbusiness.com
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