TrustBuddy AB
TrustBuddy AB: Application for a Payment Institution license sent to Swedish FSA
TrustBuddy AB 08.07.2015 15:31 Dissemination of a Adhoc News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- TrustBuddy has applied for a Payment Institution license issued by Finansinspektionen, the Swedish Financial Supervisory Authority, under the Payment Services Act (2010:751). TrustBuddy is an entity in the peer-to-peer lending market. As set out in Finansinspektionen's report, Consumer protection in the financial market (15 May 2014), platforms engaged in such activities shall be subject to licensing under the new legislation on intermediation of credits to consumers, which came into force on 1 July 2014, the Certain Consumer Credit-related Operations Act (2014:275) On 22 December 2014, TrustBuddy applied for a Swedish License for Certain Consumer Credit-related Operations issued by Finansinspektionen in order to operate as an authorized consumer credit institution. In connection with this process, Finansinspektionen sent TrustBuddy a letter from which the Company concluded that Finansinspektionen has changed its earlier view on this type of activity, such that it should now be considered as execution of a payment service under the Payment Services Act. TrustBuddy has, in order to comply with Finansinspektionen's revised view as relates to the application process, submitted additional information so that the previous application now serves as an application to become a Payment Institution under the Payment Services Act. For more information please contact: Linus Lönnroth, Acting CEO, TrustBuddy AB (publ) investorcare@trustbuddy.com http://investor.trustbuddy.com About TrustBuddy AB (publ) TrustBuddy is a leading diversified peer-to-peer group that operates in Northern Europe. The Group operates under three different brand names (Geldvoorelkaar, Crowdfunding Society and TrustBuddy). The group offers peer-to-peer financing for small and mid-sized companies and consumer loans. The company is listed at Nasdaq First North in Stockholm. Erik Penser Bankaktiebolag is TrustBuddy AB (publ)'s Certified Adviser and market maker, phone number: +46-8-463 80 00. News Source: NASDAQ OMX 08.07.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: TrustBuddy AB Sweden Phone: Fax: E-mail: Internet: ISIN: SE0006600037 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
Aktuelle News
Aktuelle Berichte
Keine Berichte gefunden
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden