REGULATORY LICENSURE AND COMPLIANCE OVERVIEW
In the ever-evolving landscape of global financial regulations, My NEO Group takes an unwavering stand in rigorous adherence to international standards. We've secured a multitude of licenses and affiliations, aligning our operations seamlessly with global legislative frameworks, and ensuring that our patrons enjoy an environment underscored by trust, transparency, and technological prowess.
- Licensing Framework: The amended Money Laundering and Terrorist Financing Prevention Act.
- Custodial Services: Cryptographic key generation and secured customer key storage. License: FVT000200. Registry Code: 14320990.
- Crypto-exchange: Facilitates crypto-to-fiat conversions and inter-cryptocurrency trades. License: FVT000200. Registry Code: 14320990.
- Canada 🇨🇦: Covers a vast array of financial and virtual currency services.
- United States 🇺🇸: Encompasses financial services such as currency exchange, money orders, and wire transfers.
- Scope: Includes services like Issuers of bank cards, e-money, Payment Gateway Providers, Electronic Wallet Providers, and more.
- Auditor: TÜV Rheinland, renowned for its legacy in quality assurance.
The meticulously curated licenses and affiliations held by My NEO Group are a testament to our unwavering commitment to operational excellence and global regulatory compliance.
- 1.Hong Kong (🇭🇰)
- Money Service Operator (MSO) License: Submission aligned under the "HK Crypto 149" regulatory framework.
- 2.United States (🇺🇸)
- Money Transmitter License: Initial submission targeted for the state of Missouri.
- 3.Singapore (🇸🇬)
- Digital Payment Token: Formal application under review.
- 4.United Kingdom (🇬🇧)
- Authorized Payment Institution (API): Awaiting regulatory acknowledgment.
- Electronic Money Institution (EMI): Submission in progress, targeting full licensure.
It is imperative to note that these applications are in alignment with the respective regions' financial regulatory frameworks, and approval timelines may vary based on jurisdictional due diligence processes