04 Nov

Optal Asia awarded SVF licence by the HKMA

  • Posted by Optal
Hong Kong, 4 November 2016:  Optal Limited today announced that its wholly owned subsidiary, Optal Asia Limited (Optal Asia) has been awarded a Stored Value Facility (SVF) licence by the Hong Kong Monetary Authority (HKMA). The licence permits Optal Asia to issue its MasterCard virtual account numbers or “VANs” for use by Hong Kong customers.
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Regulatory Information

Optal Financial Ltd is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 (Register Number: 900112) for the issuing of electronic money. It has passported its registration throughout the European Economic Area.

Optal Financial Limited is a wholly owned subsidiary of Optal Limited.