Erscheinung:24.05.2019 | Topic Unauthorised business Mikka Consult GmbH i.G.: BaFin orders the cessation and winding-up of unauthorised money remittance business.
In a notice dated 6 May 2019, BaFin ordered Mikka Consult GmbH i.G., Düsseldorf, to cease and wind up its unauthorised money remittance business immediately.
Mikka Consult GmbH i.G. accepts funds from private persons into its business accounts and transfers these funds to various foreign accounts belonging to companies that are predominantly domiciled abroad. In doing so, Mikka Consult GmbH i.G. is conducting money remittance business without the required authorisation from BaFin. At this stage of the investigations, BaFin assumes that the transferred funds are funds from customers of unlicensed online trading platforms, such as www.stoxmarket.com.
The order is final.
