PFH Markets Limited, registered in Saint Lucia as an International Business Company (IBC) with registration number 2024-00544 indicates the company's legal establishment in the country under the International Business Companies Act, Cap 12.14.

PFH Markets Limited, licensed and authorized by FinCEN (Financial Crimes Enforcement Network) as a Money Services Business (MSB), means it complies with U.S. financial regulations concerning anti-money laundering (AML) and other financial crimes.

This compliance and registration strengthens PFH Markets Limited’s legal position and operational capabilities in offering Forex and CFD services internationally while ensuring compliance with relevant financial regulations.

Key Points Regarding Saint Lucia IBC Registration:

1. International Business Company (IBC): o An IBC is a type of company commonly used for offshore business operations. IBCs in Saint Lucia are typically used for activities that are not aimed at the local market, such as trading or offering services to international clients. o IBCs benefit from tax exemptions, privacy, and minimal regulatory oversight compared to companies that operate locally.

2. Regulatory Framework: o As per the International Business Companies Act (Cap 12.14), an IBC like PFH Markets Limited is governed by the provisions of Saint Lucia's laws relating to offshore business operations. o Saint Lucia's regulatory environment is often considered business-friendly for international companies, with low taxes and a streamlined process for business operations.

3. Registration Number: o The registration number 2024-00544 indicates that the company is officially incorporated and recognized by the Registrar of Companies in Saint Lucia. It allows PFH Markets Limited to operate as an IBC under the legal framework of the country.

4. Benefits of IBC Registration: o Tax Advantages: Typically, IBCs in Saint Lucia are not subject to local taxes on income, capital gains, or inheritance. This makes them attractive for international clients and trading operations. o Confidentiality: The identities of shareholders, directors, and officers of IBCs can be kept private, contributing to confidentiality in operations. o Flexibility: IBCs enjoy a high degree of operational flexibility, allowing them to engage in various international business activities, such as Forex and CFD trading.

5. Legal Compliance: o Although registered as an IBC in Saint Lucia, PFH Markets Limited must comply with international financial regulations, such as Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements, especially since they are also registered with FinCEN in the USA. PFH Markets Limited, being licensed and authorized by FinCEN (Financial Crimes Enforcement Network) with registration number (31000293298223) as a Money Services Business (MSB), means it complies with U.S. financial regulations concerning anti-money laundering (AML) and other financial crimes.

6. Operating Internationally: o As an IBC, PFH Markets Limited can operate globally without restrictions on the clients it serves, making it a potential choice for international Forex and CFD traders. Why This Matters: • Trust and Credibility: The registration in Saint Lucia shows that the company is operating within an established and legal framework. While IBCs are used for international operations, it is important to ensure that the company adheres to any additional regulations in jurisdictions where it operates. • Dual Regulatory Oversight: With the FinCEN license (USA) and the Saint Lucia IBC registration, PFH Markets Limited is bound by both U.S. and Saint Lucian regulations. This provides clients with additional layers of legal oversight and protections.

Here are a few important key points to note about FinCEN registration:

1. Registration with FinCEN: As a registered MSB with FinCEN, PFH Markets Limited is required to comply with the U.S. regulations, including reporting suspicious activities, maintaining certain records, and implementing AML programs.
2. MSB Compliance: Registration with FinCEN ensures that PFH Markets Limited follows federal guidelines on customer due diligence, the prevention of money laundering, and reporting requirements like Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs).
3. Licensing Verification: The registration number (31000293298223) indicates that PFH Markets Limited is officially recognized as a registered MSB. You can verify the registration status via FinCEN's MSB registration database or check if the company is in good standing.
4. Regulatory Requirements: By being registered with FinCEN, PFH Markets Limited also comply with other related financial regulations, including the Bank Secrecy Act (BSA), which requires businesses to prevent money laundering and report any suspicious financial activities.

Why This Matters: • Trust and Legitimacy: This gives clients more confidence that the company is operating within the legal framework and adhering to necessary financial regulations. • Compliance with AML/KYC: Traders using PFH Markets Limited can expect the company to implement robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures. • Regulatory Oversight: PFH Markets Limited’s activities are subject to oversight by FinCEN, ensuring compliance with the U.S. government’s financial crime prevention rules.