Monthly Archives: December 2017

FCA warns against Vanguard Asset Management (clone of authorised firm)

Reason: UnregulatedComment: Vanguard Asset Management is not authorised or registered by the FCA but has been targeting people in the UK claiming to be an authorised firm.Date: 29/12/2017Link: https://www.fca.org.uk/news/warnings/vanguard-asset-management-clone-authorised-firm

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SFC bans Ng Chau for six months

Reason: AbuseContent of Penalty: The Securities and Futures Commission (SFC) has banned Mr Ng Chau, a former account executive of Get Nice Securities Limited (Get Nice), from re-entering the industry for six months from 15 December 2017 to 14 June 2018 for breach of the SFC’s Code of Conduct (Notes 1 & 2).  The SFC found that Ng effected transactions ...

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The Financial Services and Markets Authority (FSMA) warns against the website www.banque-eni.com

Reason: FraudulentContent of Penalty: The Financial Services and Markets Authority (FSMA) warns the public against the website www.banque-eni.com (link is external). www.banque-eni.com (link is external) (cloned firm) has usurped the identity of the credit institution Banque Eni, which is authorized by the National Bank of Belgium (NBB) and has its registered office at Guimardstraat/rue Guimard 1A, 1040 Brussels (Crossroad Bank ...

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FCA warns against Crypto Brain clone firm

Reason: Unregulated, Fraudulent Comment: is not authorised or registered by the FCA but has been targeting people in the UK claiming to be an authorised firm. Date: 27/12/2017Link: https://www.fca.org.uk/news/warnings/crypto-brain-clone

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FCA warns against GalaFX Ltd

Reason: Fraudulent, UnregulatedComment: GalaFX Ltd is not authorised or registered by the FCA but has been targeting people in the UK claiming to be an authorised firm. Date: 27/12/2017Link: https://www.fca.org.uk/news/warnings/galafx-ltd-clone

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FCA warns against Swish Loans clone firm

Reason: Unregulated, Fraudulent Comment: Swish Loans is not authorised or registered by the FCA but has been targeting people in the UK claiming to be an authorised firm. Date: 22/12/2017Link: https://www.fca.org.uk/news/warnings/swish-loans-clone

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The Autorité des marchés financiers (AMF) issues a public warning against the activities of unauthorized websites offering diamond investments

Reason: Unregulated, Fraudulent Content of Penalty: The Autorité des marchés financiers (AMF) has published a list of new websites offering diamond investments, for which no authorized investment services provider could be clearly identified. Here is the list of new websites recently identified: https://alternativeplacement.com/ https://capitaldiams.com/fr/ https://crown-diamonds.com https://www.dc-pla.com/ http://www.diamants-epargne.org/ http://www.diamcenter.com/ http://www.diam-invest.com/fr/ https://www.diamonds-markets.com/ https://www.diamselection.com/ https://eurodiamond-market.com http://www.excellencevendome.com/ http://www.executive-diamond.com/ https://gestion-patrimoine4c.com/ http://hyscopatrimoine.com/ http://land.premium-diamond.com/ http://www.nouveauxplacements.com/ https://noveamining.com/ https://www.origin-diamonds.com/ ...

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FCA warns against Loan Oak clone firm

Reason: FraudulentComment: Loan Oak is not authorised or registered by the FCA but has been targeting people in the UK claiming to be an authorised firm. Date: 21/12/2017Link: https://www.fca.org.uk/news/warnings/loan-oak-clone-authorised-firm

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