Is BPS Financial Limited engaged in unlicensed conduct?

BPS Financial Limited is also being accused of engaging in unlicensed conduct and the Australian Securities and Investments Commission (ASIC) has commenced civil penalty proceedings in the Federal Court against the company.

What does BPS stand for in finance?

Basis Points (BPS) Basis Points (BPS) are the commonly used metric to gauge changes in interest rates. A basis point is 1 hundredth of one percent. (BPS). It may be worth your while, as a financial professional, to learn how to convert BPS into interest rates.

Who is BBPS limited?

About Bbps Ltd. BBPS LIMITED was founded on 2003-02-10 and has its registered office in London. The organisation's status is listed as "Active". Bbps Limited is a Private Limited Company registered in with Companies House and the accounts submission requirement is categorised as SMALL.

How much does it cost to buy BPS?

However, users can buy it anywhere from $ 100 to $ 10,000. BPS Financial Limited is registered with the Australian Securities and Investments Commission (ASIC). BTX, BPS, and Qoin exchanges are all controlled by Tony Wiese and Raj Pathak.