02 November 2010
MAP S.Platis shall participate in the Middle East Online Trading Summit, taking place on the 9th and 10th of November 2010, at the Jumeirah Emirates Towers in Dubai, United Arab Emirates.

MAP S.Platis will be present at Stand No. X48 where visitors will be able to meet members of the prominent Financial Services Advisory Teams (FSATs) as well as members of the firm's Corporate Services Team.

MAP S.Platis personnel will assist attendants in finding out more about how one can obtain an EU financial institution license and operate within the European Union, as well as discover other types of useful European investment and financial structures, such Financial Corporate Groups/Conglomerates, Private and Public Funds and Hedge Funds, UCITS and International Collective Investment Schemes.

MAP S.Platis is a unique and specialised EU financial and corporate services advisory firm, offering consulting services, specialised corporate services, executive training and research in the financial services sector, with an impressive client list, throughout Europe. Its consultants are highly specialized, academically qualified individuals with extensive experience and involvement in a number of high profile transactions, both in Cyprus and abroad. MAP S.Platis has played a leading and crucial role in licensing, regulating and shaping the internal audit and compliance procedures for the great number of European Investment Firms. It provides advisory services during the licensing process, as well as the actual setting-up of these firms. The long experience and track record of the specialised teams of MAP S.Platis have gained the firm the insightful and practical understanding of its clients' business and its clients' needs that it maintains today. It is precisely for this reason that even the Regulators seek the advice and professional training of MAP S.Platis - especially on FX matters.

Particularly, as regards FX licensing in Cyprus and the European Union, overall, MAP S.Platis has been, single-handedly, the driving force behind the registration of the first ever MiFID-licensed FX Investment Firm in the European Union, whilst today in Cyprus, it maintains an exceptional market share in licensing, training and consulting with over 75% of all FX firms on the island.

During the Summit, Dr. Stelios Platis, Managing Director of MAP S.Platis and Chairman of the Association of Cyprus International Investment Firms (ACIIF), will give a presentation, on the current regulatory environment in the European Union and, specifically, the Markets in Financial Instruments Directive (MiFID), by reference to the Cyprus implementation of MiFID.

According to Dr. Platis, the forex market has recently become of key interest to Cyprus. "The forex market is the largest and most liquid in the world with over 3,9 trillion USD traded daily," says Platis. "In the last two years, Cyprus has seen the influx of important forex players establishing a presence on the island, seeking to become licensed under the EU regulatory framework that Cyprus provides. This has led to Cyprus being at the forefront of this booming market. However, there are many challenges around the regulation and procedures in this sector, not only in Europe but on an international level".

-Ends-               

About the Middle East Online Trading Summit & Awards 2010
This revolutionary 2 day event combines exhibition, keynote talks, presentations, panel discussions and breakout networking sessions highlighting the latest trends and developments across the vast online trading spectrum such as:  Stocks, Gold, Oil, Gas, Forex, CFD's, Futures, ETF's, Commodities, Derivatives, Investments and many more.

For more information about the event visit www.meotsummit.com

For further inquiries about MAP S.Platis please feel free to contact members of our team directly using the following contact details:
Email: info@mapsplatis.com
Web: www.mapsplatis.com
Tel:  +357 2535 1335
Fax: +357 2535 1330

Contact:   
Sheracel Prudencio
Arabcom group
Tel. No. +971 4 321 1164
Email: sales@arabcomgroup.com
Website: www.meotsummit.com

© Press Release 2010