OPPCO Savings & Loans

OPPCO Savings & Loans Limited, the New Zealand FSP – not this company – has changed its name to NZ OSL Services Ltd., registered number 3252828, FSP number 61601. This was done to avoid all confusion between the original entity and the new spun off entity.

OPPCO Savings & Loans Limited has spun off its international activities. This is now the website of the spun off and new international OPPCO Savings & Loans. (The new OPPCO Savings & Loans has also changed business form as the new company is a trust.) Under New Zealand law, Financial Services delivered outside of New Zealand by New Zealand entities do not require registration with the financial service provider registry.

New Zealand had recently become concerned about FSPs that were registered to provide financial services in New Zealand but were mainly operating internationally. New Zealand was concerned that this would give the false impression that these entities’ foreign activities were regulated by New Zealand, when in fact they were not. In order to co-operate with New Zealand’s concerns OPPCO Savings & Loans, Limited spun off all of its foreign activities into this newly formed New Zealand foreign trust – OPPCO Savings & Loans, Limited will continue to handle New Zealand only business, and OPPCO Savings & Loans will handle all of the offshore to New Zealand business. The new entity that contains all of OPPCO Savings & Loans, Limited’s foreign operations is retaining the name – OPPCO Savings & Loans – and this website.

As the new international OPPCO Savings & Loans, we want to make it clear that 1) we no longer will be doing any financial service business in New Zealand itself or with New Zealanders; 2) Because we are no longer doing any financial service business in New Zealand or with New Zealanders we are not required to register on the New Zealand FSP Registry for the financial services that we deliver;  3) we have no intentions to do financial service business in New Zealand or with New Zealanders or to seek FSP registration in the future; and 4) we can still deliver all of the financial services we were delivering to international clients as before.* OPPCO Savings & Loans, Limited that is registered as FSP61601 and does business in New Zealand will be changing its name so as not to cause any confusion between entities and will continue to deliver financial services only in New Zealand. We will advise you of the new name in our updates and news section when the name is approved.

OPPCO SAVINGS & LOANS specializes in a variety of services for wealth management. We help both wealthy individuals and companies worldwide to mange their funds and to “internationalize” to protect wealth, maximize opportunity and expand cash flow and asset base. OPPCO SAVINGS & LOANS also helps companies achieve public listings of their stock on the GXG Markets Exchange and numerous other market worldwide in order to assist its clients in creating corporate wealth and wealth for the corporation’s shareholders

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* Applies to New Zealand only. Worldwide, local laws would determine the services we can deliver in your locality. Financial Service Business in New Zealand means financial services that would be required to register on the New Zealand Financial Service Providers Register.

I guess we all saw it coming….

GXG Markets A/S – Closure of the Marketplace effective 18 August 2015

To: all market participants of the GXG Marketplace.

GXG Markets’ operation of the GXG Official List, Regulated Market and GXG Main Quote and GXG First Quote multi-lateral trading facilities ceased at 1700 CET on August 18, 2015.

Board of Directors GXG Markets A/S

Oppco Savings & Loans tended its resignation to GXG Markets UK today. OPPCO decided to take this action due to concerns that the GXG Management was entering into improper, unprofessional and illegal activities as well as concerns that the GXG would not survive much longer as a result of the number of complaints and delistings that were occurring due to dissatisfied customers.

GXG Main Quote has been granted status of recognized stock exchange by the  UK HM Revenue and Customs as of 23 September, 2013

See this link:  http://www.hmrc.gov.uk/fid/table1-rse.pdf 

OPPCO Savings & Loans, Limited is please to announce that is has been admitted as a GXG Broker and Corporate Advisor.

News and updates will be posted on this page.