Born in 1970, Massimiliano Arena, with a Financial and Banking background, is now Manager of Wealth OBU Ltd, and Founder and Co.Owner of a Regulated Company as an International Payment Services Provider in North America. Until 2017, he was Manager of several Financial Companies in the Retail sector, with regular Qualification first as a Credit Broker (Register held by the U.I.C.) and until 2017 as a Financial Activity Agent (at O.A.M.), and as an Insurance Intermediary (ISVAP).
After his Italian experience in 2017, he established the Statutory Trust based in America, and in 2020 Wealth OBU Ltd, an Offshore Company with a Banking License issued by MISA, Digital Bank. The core business of Wealth, Arena states, is International, being a Digital Bank, it focuses on Trade Finance, Service Provider Payment, Trust Account, in line with the International Anti-Money Laundering regulations. I anticipate that, shortly, Wealth will carry out a significant capital increase for the arrival of new international partner members, which will lead and position Wealth to be present on the International Offshore and Onshore market with a new Commercial Banking License.
Wealth, with its Offshore License, uses for Treasury, Banking Partners with International Commercial Banking License, (European, American, African, United Kingdom, and Asian), in line with AML regulations.
In reference to the Press Release, it is extracted from the note that Società Internazionale, Kroll, LLC | www.kroll.com has developed for Wealth OBU Ltd, Kroll is an International External Audit Company.
With this, I hope to clarify once and for all why the M.I.S.A., https://www.mwaliregistrar.com ONLY OFFICIAL SITE, has the Legality to issue Offshore Banking Licenses and not only, if there are internal and local disputes between the CENTRAL BANK OF THE COMOROS and the M.I.S.A., this is not a problem that concerns Wealth, the M.I.S.A. having such Legal Authority issued its first Banking License already way back in 2010, that is 15 YEARS ago.
