Doo Group has announced that its subsidiaries operating under the Doo Financial brand have successfully received new licenses from the British Virgin Islands Financial Services Commission (BVI FSC) and the Cayman Islands Monetary Authority (CIMA).
Doo Financial Fund Management (BVI) Limited (DF BVI), a key entity within Doo Financial, has been granted a license by the BVI FSC. The Certificate of Approval for Investment Managers (IBR/AIM/24/2085) allows DF BVI to operate as an investment adviser or manager for private funds, professional funds, and closed-end funds in accordance with the Investment Business (Approved Investment Managers) Regulations 2012.
Doo Financial Receives New Licenses from BVI FSC and CIMA
In addition, Doo Selected SPC Fund, another entity of Doo Financial, has obtained a public fund license from CIMA (public fund registration number: 2147585). The company aims to provide flexible public fund management services, leveraging international market opportunities while managing risks under CIMA’s regulatory oversight.
The new licenses reflect Doo Financial’s commitment to enhancing its global presence and offering clients a range of investment solutions. The company’s extensive regulatory credentials now include licenses from major financial authorities such as the US Securities and Exchange Commission (US SEC), the US Financial Industry Regulatory Authority (US FINRA), the Australian Securities and Investments Commission (AU ASIC), and the Hong Kong Securities and Futures Commission (HK SFC), among others. Doo Financial has also expanded its reach following the acquisition of Prima Tangguharta Futures, strengthening its position in the international trading landscape.
Doo Group, controlled by Chinese national Junjie Chen, operates several prominent online trading platforms, including Doo Prime, Doo Clearing, and Doo Financial. The company continues to focus on expanding its regulatory footprint to offer secure and diversified financial services worldwide.
With a robust regulatory framework and an expanding international presence, Doo Financial is ready to capitalize on emerging opportunities while ensuring compliance and risk management across diverse markets.
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