11th Dec 2015 07:54
LONDON (Alliance News) - Plus500 Ltd on Friday said it intends to resume onboarding of new UK customers in January 2016.
"Plus500 notes recent inaccurate external comments and confirms that Plus500UK is not subject to regulatory restrictions including preventing it from onboarding new customers," the company said in a statement.
The online financial trading company, which provides contracts for difference, was barred from onboarding new UK customers in May, as it drew regulatory scrutiny from the country's Financial Conduct Authority over its anti-money laundering procedures.
By Samuel Agini; [email protected]; @samuelagini
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