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Blog Post

Auto Smart Market Secures 40% Regulatory Concession for Investors

  • by Ema Timahe

Auto Smart Market has successfully obtained a 40% discount on regulatory licensing fees, significantly reducing financial barriers for investors. The company, which recently submitted an Application for Regulatory Concession to the Financial License Regulation, sought an adjustment to make financial trading licenses more accessible. Impact of the Concession Initially, investors were required to pay a licensing fee of €14,650 each, bringing the total cost for approximately 250 investors to €3,662,500. With the approved 40% concession, investors will now pay a reduced fee of €8,790 per license, amounting to a total savings of nearly €1.46 million across all investors. Why This Matters • Encouraging Participation: Lower costs make financial trading more accessible, encouraging greater investor participation. • Regulatory Compliance: Ensures that investors can meet financial licensing requirements without undue financial strain. • Industry Growth: Supports a regulated trading environment, reinforcing best practices and compliance integrity. Commitment to Investor Success Auto Smart Market remains committed to helping investors navigate regulatory requirements efficiently while maintaining transparency and compliance. This concession marks a significant step in supporting investor engagement in regulated trading activities.

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