Тhe Bulgarian subsidiary of global Retail FX and CFDs broker Plus500 Ltd (LON:PLUS), has been denied by the country’s financial regulator Financial Services Commission (FSC) in its application to receive a financial services license in Bulgaria.
Plus500 has more than 150 employees in its Sofia, Bulgaria office (pictured above), having outsourced much of its customer support and documentation work from its Israel headquarters to the Bulgarian capital.
The regulator did not state a reason for its decision.
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25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256
World Financial Markets - 0700 17 600 Varchev Exchange - 0700 115 44
Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.
Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006
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