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January 9, 2019

Dolfin secures investment services licence upgrade in Malta

Wealth management platform Dolfin has received a Category III licence, which will strengthen the reach of its Maltese business.

Through the licence, the firm can carry out principal trading on the Malta Stock Exchange (MSE).

Dolfin Asset Services, the Maltese arm of Dolfin, became an MSE member in October last year.

The new licence enables Dolfin to offer its brokerage service to other Malta-based market participants including professional clients and eligible counterparties.

Dolfin Asset Services head of trading in Malta Anthony Charles said: “Our licence upgrade broadens the scope of our trading capabilities and enables us to be a true one stop shop for our clients.

“It allows us to operate to our full capacity, integrate into the trading community and build relationships with other members on the MSE.”

Dolfin secured a custody and depositary licence from the Malta Financial Services Authority in April last year.

Last June, Dolfin bought a significant equity stake in Alexander House Financial Services (AHFS), an appointed representative of Intrinsic.

Dolfin Asset Services CEO in Malta Ramon Bondin said: “Our Category III licence is testament to our commitment to the region and is the next step in our journey, delivering our Maltese clients the same level of service as our UK-based clients.”

 

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