Breaking: Ukrainian Police Raids Offices of Several Brokers

[kreslik.news]

Sources with knowledge of the matter have confirmed to Finance Magnates that Ukrainian police has raided the offices of several brokers that are operating there. The news comes amid an increasingly stringent crackdown on the industry in recent quarters.

While no arrests have been made, local law enforcement authorities have allegedly confiscated some documents from the offices of the firms they visited. The move coincides with the Ukraine continuing to seek close relations with the EU.

Outsourcing Call Centres

In recent years, Ukraine has become something of a safe haven for call centers of unregulated brokers. The country’s proximity to the EU and ... (read more)