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Erscheinung:13.01.2020 | Topic Unauthorised business Coman Handel UG (haftungsbeschränkt), Berlin: BaFin issues cease and desist order to immediately stop and wind up unauthorized money remittance business

As of 27 November 2019, BaFin issued a cease and desist order to Coman Handel UG (haftungsbeschränkt), Berlin, to stop and wind up the unauthorized money remittance business immediately.

Coman Handel UG (haftungsbeschränkt) accepts funds from private persons on its own accounts for the sole purpose of transferring these funds to mainly foreign accounts of companies based abroad. Among these companies are the owners of unlicensed trading platform as fibonetix.com.

The administrative order is final.

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