Global fintech company TigerWit receives Hong Kong SFC license

January 14, 2020 at 06:16 PM

UK-headquartered global financial technology company TigerWit has announced that it has been accredited with a Financial Services licence from Hong Kong’s Securities and Futures Commission.

Hong Kong is a major global financial hub and receiving this licence represents an important development for TigerWit, as the firm sees continued expansion and growth for its trading services worldwide.  

Tim Hughes, CEO at TigerWit said: “Securing a licence from the Securities and Futures Commission of Hong Kong is a significant milestone for TigerWit and represents another crucial part of our roadmap achieved. By gaining this licence we are another step further on our journey to offering our innovative trading solutions globally. Being regulated in the right jurisdiction allows us to expand our operations, whilst ensuring that our clients are afforded the relevant protections.”

Frederic Youssef, VP at TigerWit stated: “Obtaining the SFC license in Hong Kong will allow us to penetrate the vibrant ASEAN markets, and serve our partners through one of the most reputable financial regulations.”

The company is already licensed by the several regulators such as the Financial Conduct Authority (FCA) and the Securities Commission of The Bahamas (SCB).

You can check the list of the well-regulated forex brokers here, if you are looking for one.

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