GFSOB
Global Financial Stability Oversight Board (GFSOB)
Registered Office: Cayman Islands
License Number: 2038223
Company Address: 14 Crescent Close, George Town, Grand Cayman, KY1-1205, Cayman Islands
I. Overview
The Global Financial Stability Oversight Board (GFSOB) is a licensed financial entity authorized under the Securities Investment Business Act (2020 Revision) of the Cayman Islands. The organization holds a Securities Investment Business - Full License and is approved to operate as a Broker Dealer Securities Arranger.
This license permits GFSOB to conduct securities investment activities from or within the Cayman Islands, in full compliance with the regulatory provisions of the 2020 Act.
WorldWealth Management Group is a platform operated by a financial technology group and functions under the regulatory framework of GFSOB. It is fully registered and authorized under the GFSOB's Securities Investment Business - Full License and is subject to comprehensive compliance oversight. WorldWealth Management Group adheres to all financial, legal, and anti-money laundering (AML) standards as required by the Cayman Islands Monetary Authority (CIMA).
II. Licensing and Legal Framework
Regulatory Authority: Cayman Islands Monetary Authority (CIMA)
Legal Basis: Section 6(2) of the Securities Investment Business Act (2020 Revision)
License Type: Securities Investment Business - Full License
Authorized Activities: Broker Dealer, Securities Arranger
License Issue Date: March 14, 2024
Registered Location: George Town, Grand Cayman
III. Scope of Regulated Activities
GFSOB operates within a defined legal and regulatory framework and is authorized to perform the following regulated financial activities:
Conduct broker-dealer operations involving securities trading and execution
Arrange securities transactions on behalf of clients and counterparties
Support institutional capital flows through compliant structuring and execution
IV. Supervision and Compliance
As a fully licensed securities investment entity, GFSOB is subject to ongoing supervision by the Cayman Islands Monetary Authority and must:
Maintain operational transparency and submit periodic compliance reports
Undergo regular regulatory reviews and inspections
Keep accurate records of all securities transactions
Fulfill all fiduciary duties and adhere to anti-money laundering (AML) compliance standards
V. Financial and Operational Requirements
Entities holding the same class of license as GFSOB are typically required to:
Maintain a minimum capital adequacy threshold
Employ qualified compliance officers
Submit annual audited financial statements and quarterly regulatory filings
VI. Corporate Governance and Risk Controls
GFSOB is committed to upholding international standards in corporate governance, financial risk management, and investor protection. Its internal control framework includes:
Board-level risk oversight mechanisms
Segregated client asset custody
Robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures
VII. International Positioning
GFSOB operates from a globally recognized offshore financial jurisdiction and facilitates cross-border investment services while supporting international financial system stability. Its operations comply with global regulatory expectations and promote compliance across multiple jurisdictions.
For additional information or to request regulatory documentation, please contact the Cayman Islands Monetary Authority, the GFSOB Compliance Department, or the legal and compliance division of the financial technology group managing BezesWealth Management Group.