Hoxton Capital Management has gained a licence from the Cyprus Securities and Exchange Commission (CySEC), effective from 18 July 2023.
The international wealth management group undertook the EU licensing project following the UK's exit from the European Union, having previously been able to service EU resident clients from its UK operation through the EU's Freedom of Service mechanisms with member states.
Chris Ball, managing partner of Hoxton Capital Management's global business, said: "This is a crucial step and milestone for the growth of our EU business, and also the latest display of our continued commitment to bringing our services and expertise to expatriate investors across the globe.
"The significant expat population in the EU deserves to have available high-quality, relevant, tailored advice, and this development will allow us to expand our operations to meet the demand that we know is present.
"A huge amount of hard work from the Hoxton team has made this happen, and this announcement is a testament to their efforts. Above all else, I'd like to thank all of those clients in Europe who have chosen to work with us as their specialist adviser and look forward to helping many more people across this market in the coming years".
Hoxton currently has over 300 employees across its London, Sydney, New York, Texas, Dubai and Larnaca offices.
