Admirals Resumes Onboarding New Clients Across Europe

Global financial services provider Admirals has re-opened to accept new clients in the EU. “Admirals is resuming all onboarding activities in the EU.”

Earlier in 2024, the financial company suspended EU customer registrations to enhance its compliance efforts and adapt to evolving regulations. With these improvements successfully implemented, Admirals is now resuming operations and welcoming EU customers back again.

Media reports indicate that during the suspension of new EU clients registrations, Admirals focused on achieving compliance. The company collaborated closely with the Cyprus Securities and Exchange Commission (CySEC) to ensure its operations adhere to industry standards.

Alexander Tsikhilov, CEO and co-founder of Admirals, said, “This decision is related to our efforts to comply with and adapt to the recommendations of the CySEC regulator and affects only our activities in the EU countries. Our current customer base in Europe remains intact, and we will continue to ensure stable access for our clients to our products and services"

At the end of 2024, Admirals planed to sell its Australian branch in order to optimize its geographic focus and made significant change to its global operations.