DUBAI, UAE, Oct. 21, 2022 /PRNewswire/ -- MultiBank Group, the world's largest financial derivatives institution, has cemented its position as the world's most regulated broker-dealer, announcing that its subsidiaries have secured coveted licenses issued by two of the world's most respected regulators, including the UAE Securities and Commodities Authority ("SCA") and the Monetary Authority of Singapore ("MAS").
Since its establishment in 2005, MultiBank Group has maintained an unrivaled track record, with more than 11 financial regulators and more than 25 branches worldwide. The Group offers its clients the highest level of fund security, guaranteeing 24-hour withdrawal processing, offering a one-of-a-kind excess of loss insurance underwritten by Lloyds of London through its subsidiary MEX Atlantic.
MultiBank Group comprises several financial institutions that are regulated by financial authorities, including Australia's ASIC, Australia's AUSTRAC, Germany's BaFin, Austria's FMA, United Arab Emirates' SCA, Singapore's MAS, and Cayman Islands' CIMA.
Naser Taher, Founder and President, stated: "It is with great pleasure that today we are announcing the launch of new licensed entities regulated by SCA and MAS. We are the most regulated broker in the world, registered with more than 11 regulators worldwide, and We will continue our long-term commitment to advance regulatory standards for the benefit of merchants globally. We are very proud that MultiBank Group has an impeccable track record with its global regulators. In an era where 'AAA' rated banks face constant regulatory challenges, such impeccable regulatory status is indeed unique within this industry.As a result of our considerable track record, our 1,000,000+ valued customers have relied on us over the last three decades to be their trusted provider and reliable financial products and financial technology".
With a team of highly skilled and experienced industry veterans, MultiBank Group continues to strengthen its position as a global leader in regulations, fintech technology, brokerage services and financial products, while experiencing unprecedented year-over-year growth across all metrics, including trading volumes, clients and record financial results.
