MIL OSI Translation. Region: Germany / Deutschland –
Source: Bundesanstalt für Finanzdienstleistungsaufsicht (Federal Financial Supervisory Authority) BaFin points out that it has not given BoerseFx, which has alleged branches in Germany and Cyprus, a license in accordance with Section 32 of the German Banking Act (KWG) to conduct banking business or provide financial services. The company is not subject to the supervision of BaFin.
EDITOR’S NOTE: This article is a translation. Apologies should the grammar and / or sentence structure not be perfect.