Warning

FCA warns against Light Finance clone of FCA authorised firm

Reason: Fraudulent, UnregulatedComment: Light Finance is not authorised or registered by the FCA but has been targeting people in the UK, claiming to be an authorised firm.Date: 08/06/2018Link: https://www.fca.org.uk/news/warnings/light-finance-clone-fca-authorised-firm

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FCA warns against Tradeovest clone of FCA authorised firm

Reason: Fraudulent, UnregulatedComment: Tradeovest is not authorised or registered by the FCA but has been targeting people in the UK, claiming to be an authorised firm.Date: 08/06/2018Link: https://www.fca.org.uk/news/warnings/tradeovest-clone-fca-authorised-firm

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FCA warns against Loanovao clone of FCA authorised firm

Reason: FraudulentComment: Loanovao is not authorised or registered by the FCA but has been targeting people in the UK, claiming to be an authorised firm.Date: 07/06/2018Link: https://www.fca.org.uk/news/warnings/loanovao-clone-fca-authorised-firm

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CSA warns Canadian Investors against crypto-asset trading platforms

Reason: UnregulatedContent of Penalty: The Canadian Securities Administrators (CSA) is urging Canadians to be cautious when considering buying crypto assets through trading platforms. Even though a platform may call itself an “exchange,” that does not mean it is complying with the securities regulatory regime. The CSA wants to make it clear: currently there are no crypto-asset trading platforms recognized as ...

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FCA warns against My Quick Loan clone of FCA authorised firm

Reason: Fraudulent, UnregulatedComment: My Quick Loan is not authorised or registered by the FCA but has been targeting people in the UK, claiming to be an authorised firm.Date: 07/06/2018Link: https://www.fca.org.uk/news/warnings/my-quick-loan-clone

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FCA warns against Primus Forex Financial Group clone of FCA authorised firm

Reason: Fraudulent, UnregulatedComment: Primus Forex Financial Group is not authorised or registered by the FCA but has been targeting people in the UK, claiming to be an authorised firm.Date: 06/06/2018Link: https://www.fca.org.uk/news/warnings/primus-forex-financial-group-clone-fca-authorised-firm

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FMA Austria warns investors against NTB Direct

Reason: UnregulatedComment: NTB Direct is not entitled to provide investment services in Austria that require a licence. The provider is therefore not permitted to provide commercial investment advice in relation to financial instruments (Article 3 para. 2 no. 1 WAG 2018). Date: 05/06/2018Link: https://www.fma.gv.at/en/ntb-direct/

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FMA Austria warns investors against SpearTrader

Reason: UnregulatedComment: SpearTrader is not entitled to carry out banking transactions in Austria that require a licence. The provider is therefore neither permitted to trade on a commercial basis on its own account or on behalf of others (Article 1 para. 1 no. 7 BWG). Date: 05/06/2018Link: https://www.fma.gv.at/en/speartrader/

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FMA Austria warns investors against Crowdbridge Global N.V.

Reason: UnregulatedComment: Austria’s financial markets and services regulator FMA warns against Crowdbridge Global N.V. that is not entitled to carry out banking transactions in Austria that require a licence. The provider is therefore not permitted to issuance and administer payment instruments on a commercial basis (Article 1 para. 1 no. 6 BWG). Date: 05/06/2018Link: https://www.fma.gv.at/en/crowdbridge-global-n-v/

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FMA New Zealand warns against Oracle Finance International Inc Limited

Reason: UnregulatedContent of Penalty:  Oracle Finance International Inc Limited and the following websites are making false claims about being registered in New Zealand when they are not: www.oracle-fx.com http://tg.oracle-fx.com/list-2-1.html http://630264.shop.258.com/ http://www.gq1688.com/index.php?homepage=zj41973 http://www.shangwuwang.com/company366071871 http://oracle-yt.com/About/detail/id/1.html Date: 05/06/2018Link: https://fma.govt.nz/news-and-resources/warnings-and-alerts/oracle-finance-international-inc-limited/

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