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prima:Without a license over a dozen loan companies, investment advisors, and even money transfer services, warns the OCIF

The regulator looks to ensure that financial services companies are up to date

March 3, 2025 - 1:15 PM

Commissioner Natalia Zequeira Díaz explained that next month they will seek to identify these businesses to determine the reasons why they have not renewed their license. (Xavier Araújo)

The Office of the Commissioner of Financial Institutions (OCIF) is following the trail of some 24 businesses dedicated to money transactions that are currently operating without the proper licenses, which the regulator warns could represent a risk for consumers and even make them vulnerable to fraud.

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