On the Topic Markets website we can find the following statement in the footer:
LEGAL: Topic Markets Limited is licensed and registered in Vanuatu by the Vanuatu financial service commission under the name of TMI Holding Limited.
which points to Licensees-List-update-November-2017.pdf file hosted on the Vanuatu Financial Services Commission website, and the company exists on the 476th place as TMI Holding Ltd.
However when I perform the register search on the vfsc.vu the website, the record is not there.
Does it mean the company had the license for some reason and got removed? Is there any way of to check when and why it was removed?