Commission revokes CapitalOne a.d. investment firm license

The Securities Commission of the Republic of Serbia has adopted a decision at its 131st session of the IX term of office permanently revoking an investment firm license from the broker-dealer company CapitalOne a.d. Beograd.
The Securities Commission has established that the broker-dealer company CapitalOne a.d. Beograd failed to meet the requirements considering the timely and accurate reporting to the Commission, that it failed to meet the human resource requirements for a longer period of time, that it failed to keep and use its client assets as stipulated by the law and failed to act in accordance with the Commission's decisions.

As the established illegalities are serious and systematic, the Commission has permanently revoked the license from this company.

Its client assets have been transferred to the broker-dealer company Eurofineks a.d. Beograd.