FSC Suspends Licenses of Two Companies

10 years, 6 months ago - October 31, 2013

The ax fell for Copex Management Services Limited and Copex Trustees Limited. The Financial Services Commission (FSC) has suspended with immediate effect last Wednesday, October 30, the licenses for these two companies.

Their licenses were suspended. Copex Management Services Limited and Copex Trustees Limited have been sanctioned by the Financial Services Commission (FSC) yesterday, Wednesday, October 30.

The FSC, pursuant to Article 27 (7) of the Financial Services Act 2007, suspended with immediate effect the License Management of both companies. The regulator said, however, that these companies must continue to comply with obligations and guidelines of the Commission until the suspension of the license is cancelled.

Text by lexpress.mu

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