MIL-OSI Translation: Instantsecure GmbH: BaFin orders hiring of payment services

By   /  September 13, 2018  /  Comments Off on MIL-OSI Translation: Instantsecure GmbH: BaFin orders hiring of payment services

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MIL OSI Translation. Region: Germany / Germany –

Source: Federal Financial Supervisory Authority

Headline: Instantsecure GmbH: BaFin orders hiring of payment services

By decision dated 28 August 2018, BaFin ordered Instantsecure GmbH, Dusseldorf, to immediately terminate the financial transfer or acquisition business it was unlawfully pursuing. Already at the end of August she had informed the public about the suspicion that Instantsecure GmbH operates them without permission.

EDITOR’S NOTE: This article is a translation. Apologies should be the grammar and / or sentence structure not be perfect.

MIL Translation OSI

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