Skilling goes global with FSA Seychelles licence acquisition

KUALA LUMPUR, May 21 -- Forex and CFD online trading platform, Skilling reached another significant milestone this year with the acquisition of the FSA Seychelles licence that allows global expansion. Founded in 2016, Skilling acquired its CySEC licence in 2018, allowing the company to offer trading services in the EEA, and obtained its FCA UK Branch authorisation in January 2020, to continue servicing the UK post Brexit. “The acquisition of the prestigious Seychelles licence is a very important milestone for our global expansion. Since our launch in Europe last year, we proudly witnessed a high demand for our product,” said Skilling Group Chief Executive Officer, André Lavold. “Skilling is well-positioned for international growth; and, with the Seychelles licence, our customers outside Europe can expect the same level of excellence Skilling has been providing to its customers in Europe.” Seychelles Financial Services Authority (FSA) is the regulator for non-banking financial services in the Seychelles, according to a statement. Established under the Financial Services Authority Act, 2013, the Authority is responsible for the licensing, supervision, and development of the non-bank financial services industry of the Seychelles through a solid regulatory regime. -- BERNAMA