MFSA Bans Trive Shareholder for 10 Years, Freezes Client Transactions
By Tareq Sikder
Source excerpt · Finance Magnates
The Malta Financial Services Authority has barred Trive shareholder Kasim Garipoglu from taking new positions requiring its approval for 10 years and ordered him to divest his shareholding in the broker within six months. The regulator also ordered Trive Financial Services Europe Limited to stop all incoming and outgoing transactions from client accounts, citing deficiencies in safeguarding client…