Friday 24 November 2017

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Finco Treasury Management Ltd upgraded to Category 3

Finco Treasury Management Ltd announces that as of the beginning of January 2016, it has upgraded its MFSA Investment Services Act licence to Category 3, which in addition to the provision of advisory and discretionary investment management services  and the holding and control of clients’ assets, authorises Finco Treasury Management Ltd to deal on own account in relation to financial instruments and foreign exchange.

At the same time, Finco Treasury Management also obtained a licence under the Financial Institutions Act whereby it is authorised to trade for own account and for account of customers in foreign exchange, both on the spot and forward market, and to provide services to the general public and commercial sector in relation to the purchase and sale of any foreign currency.  Finco Treasury Management Ltd does not deal in currency notes.

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