MetaQuotes has stopped issuing MetaTrader licenses tobrokers registered in the Union of the Comoros, disrupting dozens of offshorefirms that relied on the region’s light regulatory environment, FinanceMagnates RU reported today, alongside several other news outlets.The decision,which took effect in February, follows growing concerns about compliancestandards in the small Indian Ocean nation.MetaQuotes Reassesses Regulatory RisksThe sources mentioned that MetaQuotes reassessed regulatory risks linked to Comorian jurisdictions, mainlyMohéli (Mwali) and Anjouan, where brokers can register without authorizedcapital. The company privately informed local brokers that they would need alicense from a different jurisdiction to access MetaTrader platforms.The change does not affect existing MetaTrader licenseholders, but MetaQuotes has paused all new issuances to Comoros-registeredentities.Since the restriction began, industry sources report a spikein attempts to sell Comoros-based brokerages with MT5 licenses. Many firmssought to recover value before their operations became unviable withoutMetaTrader support.By the end of 2024, regulators in Mwali recorded 258registered brokers, including 119 on Mwali alone. The freeze by MetaQuotes nowcasts doubt on the future of these entities, marking a clear shift away fromoffshore hubs with weak oversight.Expect ongoing updates as this story evolves. This article was written by Jared Kirui at www.financemagnates.com.