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http://www.swedishcreditunion.com/
Internal Administrator
Posted: Friday, August 12, 2011
Joined: 10/12/2010
Posts: 5780


Posted: 1/10/2005 1:37:07 PM

By: Duane TOugh

Any feedback on the history or practice of using such an entity?

Thank you.


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/16/2005 8:29:24 PM

By: www.swedishcreditunion.com

In response to the false claims and assumptions posted in this thread.

We have formed Swedish Credit Unions for many years, and they are excellent vehicles for taking deposits and making loans. Members can be of any nationality, and resident anywhere. A Swedish CU is not in any way limited to offering services to Swedish members only.

The up to 1000 members of a CU do no thave to named at formation. This claim is 100% false. The CU can be formed with 3 founding members and directors, and additional members accepted after registration at any time. Each CU is registered in Sweden, according to Swedish laws.

The CU package includes facilities for card issuing, online account management system and local account at the largest clearing bank in Scandinavia. We help providing a legally registered entity, and to make it operational. All entities can easily be verified with the Swedish registry. The process is very transparent, and our customers pay us as we produce verifiable results.

About our location. Our head office is in Panama, although we also have support staff on location in Sweden. We offer companies from several jurisdictions, including Panama. Other claims on this board, such as directors of Panamanian companies not being disclosed, are also 100% false. All information about directors in a Panamanian company is public.

Our office is at the World Trade Center in the heart of Panama City´s banking district. You are welcome to come and visit us here. We have never been and never will be affiliated with Marc Harris.

Anyone interested in real facts can contact the undersigned and I would be more than happy to answer your questions.

Best Regards

Michael Magnusson
michael@offshorereserve.com
Offshore Reserve Group SA
World Trade Center - 8th Floor
Panama City - Republic of Panama
Phone: +507 265 2000
Fax: +507 265 18 02



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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/13/2005 2:26:43 PM

By: Duane Tough

Hello,

Yes, that is what we have discovered as well. And no deposits can be taken until the 1000 are named. It is on the books there to assist with rural banking so that communities or employers can receive their pension chq's/payroll etc on a direct deposit basis and then pay thier bills etc. There are very successfull ones that operate locally within Sweden.

Not a good tool to facilitate the International Community. Unless it used to misrepresent.

Regards,

Duane


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/13/2005 8:46:17 AM

By: Cyrille

The catch in this scheme (for their promoters) is that it sounds just like a "bank" but it is not!

First of all, one is limited to 1000 people and they all have to be named before you can use the structure. Therefore you cannot market your company to outsiders (to reach the 1000 limit). More so you cannot market the structure as a bank because you do not have the required licensed and you'd be in breach of the covenant.

So dont buy in this type of scheme.

I think there has already been a warning from the Swedish government about these structures...


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/11/2005 12:32:20 PM

By: Duane Tough

Hello,

Thank you for the feedback. The Consulate for Sweden has agreed to supply us the information on them directly from the gov't there.

will post the results and other DD that may be applicable.

Thank you.


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/11/2005 10:12:32 AM

By: David Marchant

There are articles about people using so-called Swedish "credit unions" to commit illegal acts in our 'Story Library'.

It is important to realize that credit unions are not banks and typically do not market their products to the general public.

David Marchant


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/11/2005 9:32:59 AM

By: magician

Something DOES NOT LOOK RIGHT about this. If you go to the website it says Swedish credit union, but why is the contact address PANAMA?

It looks like a offshore banking scam. Designed to take the money ( USD 35,000 registration fee) and leave the victim "high and dry". Bank charter or credit union charter may or may not be valid. Why are no Swedish authorities involved with this?
If the parent company is located in PANAMA, then the original directors do not have to be disclosed under Panama law. The principals may or may not be reputable

See Morgan y Morgan, in Panama City for a clean law firm and see if they know anything about them ( cf. Diligizer board entitled "Clean law firm in Panama" entry about a month ago)

See also if any of the MARC HARRIS outfit is involved with this on a DD ( due diligence of the parent company). They are located not too far from where the Marc Harris outfit ran their operations. This may be difficult since the directors on a Panamanian company do not have to be disclosed. If they are clever, they may choose someone else to run it with a Power of Attorney. However, good hunting anyway.

Better pass on this one. Something is not right


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/17/2005 9:58:22 AM

By: www.swedishcreditunion.com

Dear Mr. Marchant,

Thanks for those thoughts,

Nobody is claiming that the CU is a "get rich quick" vehicle. It is a entity legally able to take deposits and loans, and we register it in compliance with Swedish laws. I agree fully that a CU without capital could hardly survive. The legal capital requirement for formation and registration of an entity and what would practically be required for a business to start activities have very little to do with eachother however, regardless of which entity and which jurisdiction you would look at.

I have formed more than 100 of these entities over the years, and never once have I heard about any deposit scams among our clients. I know Mr. Marchant thinks and always thought that deposit scams can be the only thinkable goal for anyone to set up their own financial institution, at least when the capital and qualification requirements are moderate. Clients setting up CU´s or small banks offshore are not looking at competing with the World´s Top 100 banks about consumer savings. Pooling funds from a group with a common financial interest, to be used for a specific funding purpose, just as you mention, is quite common. The Swedish entity is a excellent vehicle for this. The claims in this forum that all members would have to be named upfront is 100% false. The CU can be registered first and start marketing its savings & loan products later, and accept new members at any time.

It will take a lot before I jump into discussions in these forums these days. I know once one responds here, it never stops. Frequent forum visitors seem to do nothing else than "discuss" online all day. I thought that I really had to intervene however when 100% false claims were made about the nature of the CU, assumptions were made about our possible association with Marc Harris (based on the fact that we have an office in the same capital city where Harris also operated), and that we are probably not a legitimate operation because we are registered in Panama. There does not seem to be any limit to the posters imaginations if they are allowed to speculate uninterrupted.

I consider this discussion closed now. Feel free to disagree with the CU requirements in Swedish law. The goal here is not to sell CU´s to you Mr. Marchant, only to correct false claims made in your forum. They were not made by you, but by your visitors. I am sure you agree that false information should not be spread like that, regardless of what you think about the actual legal requirements in Sweden for the establishment of a CU.

Thank you for allowing for my responses.

Best Regards

Michael Magnusson
Swedish Citizen in Panama

www.swedishcreditunion.com


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/16/2005 9:43:59 PM

By: David Marchant

On December 6, 2001, in response to an inquiry from OffshoreAlert about a specific Swedish credit union, Martina Jäderlund, of the Swedish Financial Supervisory Authority, wrote: "According to Swedish legislation, a Swedish savings & loan association (sparkassa) is a co-operative and not a bank. Formally, it shall be registered with the Swedish Patent- and Registration Authority. No capital requirements are stipulated for commencing business as a savings & loan association. No enquiries are made regarding the suitability of the members of the board, or that they shall be Swedish citizens or residents in Sweden. A Swedish savings & loan association is not covered by the Swedish deposit guarantee system."

Unless there is a special purpose, I can think of no valid reason why a foreigner would deposit money into a Swedish legal entity that may have no capital, particularly if the foreigner could deposit it into a well-capitalized, regulated, major bank in their own jurisdiction. The chance of a legally-operated credit union legitimately succeeding without any capital is, literally, zero.

Credit unions typically exist not to make a profit but to pool the money of members who share a common interest, e.g. belong to a trade union, and give them access to low-interest loans on favorable terms that are not available in the commercial marketplace. They are not vehicles to get-rich-quick, unless the owner intends to defraud members, and anyone who leads potential credit union buyers to believe this should be avoided like the plague.

If Michael Magnusson and his group are selling these 'credit unions' to anyone who can afford them regardless of their background on the basis that these owners can then go out and raise a pile of money and became wealthy, he is doing what Jerome Schneider did for many, many years. Depositors of shell banks formed by Schneider collectively lost tens of millions of dollars.

David Marchant


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/16/2005 9:27:57 PM

By: Duane TOugh

Thank you for the information. I believe we are in communication on the Q&A of our due dilligance. I and to my knowledge no one at ICS has posted on any other site regarding the SCU. The direct statement on the 1000 members came from "Cyrille". Although, many correspndant will not deal with them.

Although you have years of expeience in the process of a SCU please do not assume that we do. The questions asked and the statements made are to find out what you know and to verfiy that it is best to retain the services of an organization like yours.

This forum is a catch all for negative press in the offshore community. All too often in the after math of a fraud. To have it as a tool in planning the proper use of an offshore strategy is excellent.

I hope that you feel that you can supply answers to questions that are raised as a mentoring and means of assisting the planning of future offshore financial strategies. We do...

Regards,

Duane Tough


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/16/2005 9:01:58 PM

By: www.swedishcreditunion.com

Mr. Tough,

It might not be a good idea to post false information as way of screening public perception. Public perception can also be altered if too much false claims are published like this. You did not offend me, but it disturbs me when 100% false claims like this are made. I have registered entities in Sweden for many many years, and never seen anyone just making something up, out of the blue like this before. The same false claim was made in our own forum at www.offshorebankingindex.com, same text but the poster used a different name and e-mail address.

Every CU is 100% legally registered at the registry, and easy to verify for any bank. None of our clients have any problems opening accounts, and we include an account at Nordea, the largest clearing bank in Scandinavia.

You do not need local physical office, the tax rate is 30% on reported profit, and you do have to file a annual tax return.

Best Regards

Michael Magnusson
Offshore Reserve Group SA


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/16/2005 8:51:10 PM

By: Duane Tough

Hello,



I apologize for offending you. We have been updating the information as we acquire it. Our goal is to possibly work with a Swedish credit union for a real estate project that we will be starting at some point this year. As we receive the information we will update. The posting are meant to ensure and inquire that the public has/is not having a perception of a Swedish credit union in a negative light, that is the only reason for the postings. We do believe that the SCU is best used as a captive investment tool, not a public one. That the correspondent banks we spoke to have stated that until fully registered they would not open a "correspondent account". We have confirmed that the SCU as an entity and with proper board approval of the SCU BOD it can open a business account to perform its’ operations.



We are still assessing the taxation, local office and reporting issues. If you have knowledge of these issues, please feel free to inform us.



Respectfully,



Duane Tough

ICS


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/17/2005 2:46:27 PM

By: www.swedishcreditunion.com

There can be a max of 1000 members at any given time, yes. The limited sphere that these members should belong to can be for example:

"Individuals resident within the EU looking for savings & loan products outside their country of residence". It can be other definitions, and each time the formulations used must pass the attorneys at the company registry and qualify as limited sphere. The members do no thave to be named upon formation. No CU has ever accepted all their members before getting registered. Each member accepted, regardless of when he/she becomes a member, should indeed fit the member profile, the limited sphere as described in the statues of the CU.

A CU has the right to market benefits of membership, and accept new members at any time. This does not qualify as solicitation from the general public, since actual services are only offered to members, and there can never be more than 1000 members, all belonging to the same limited sphere.

Best Regards

Michael Magnusson


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/17/2005 2:24:39 PM

By: Cyrille Emery

I took the pain to read the banking act on your website and specifically paragraph 7 alineas a and b...

The requirement of a banking licence is not necessary for an economic association which :

a) Has at most 1000 natural persons as members at any time;

and

b) only accepts persons as members who belong to a CLEARLY DEFINED LIMITED SPHERE AND THIS SPHERE IS SPECIFIED IN THE ARTICLE OF ASSOCIATION (emphasis added).

As the 2 alineas are cumulative, I cannot see how one could escape the requirement of having the 1000 members named at time of incorporation.

It flows from this that :
a) setting up a credit union with 3 members might be possible but not economically viable (unless future potential fraud is contemplated);
b) it is not possible to recruit 997 (assuming the first 3 members have been named) persons outside of a clearly defined limited sphere... One may try as hard as one could but there are always exceptions that would make the recruitment invalid.
c) that the 1000 members derive from the specified and clearly defined sphere mentioned in the articles of association, e.g employees of the firm xyz (assuming there could be up to 1000 employees)...


Second deposit taking from general public requires a banking license. Therefore recruiting members would fall under this category and the CU would be in breach of banking law....

DEMONSTRATION : 1000 members must potentially exist at time of incorporation either under a collective name (sphere) or as members....


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/17/2005 12:30:25 PM

By: David Marchant

Re. "If you wish to research my claims about the legal requirements of a CU, feel free to download the banking act on our site."

I'm not disputing the legal requirements of a credit union. I'm simply pointing out that, in my opinion, your group is selling junk products that are attractive to criminals and which no credible businessman or depositor would want anything to do with, much like those sold by Jerome Schneider and The Bank Exchange, the latter of which also peddled credit unions and which was exposed by OffshoreAlert months before its three principals were criminally charged and convicted, two of them for defrauding a woman who is over 100-years-old out of her life savings of, from memory, $4m to $6 m.

Your group is, essentially, selling pretend-banks on the basis that there is no minimum capital requirement and that these entities can then go out and attract deposits from third-parties who, by the very fact that they are willing to send money to such an entity, are going to be extremely financially unsophisticated and/or vulnerable.

David Marchant


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/17/2005 11:31:48 AM

By: www.swedishcreditunion.com

Mr. Marchant,

I can ask a few clients if they feel tempted to be investigated by you. It is up to them, not me. I could hardly see why anyone would have any interest in getting their names on your board, to get "approved" by KYC News. Again, I was only here to correct the false claims on your board, not to change your opinion about why people would start a Credit Union. If you wish to research my claims about the legal requirements of a CU, feel free to download the banking act on our site.

Best Regards

Michael Magnusson
www.swedishcreditunion.com


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/17/2005 10:59:53 AM

By: David Marchant

Mr. Magnusson, regarding your comment that: "I have formed more than 100 of these entities over the years, and never once have I heard about any deposit scams among our clients."

Can you give me three names of three 'credit unions' that your group has sold so that I can carry out research to see what types of products and services they are offering?

David Marchant


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/17/2005 10:27:27 AM

By: Duane Tough

Hello,

Good to see information moving. It gives the consumer the confidence of knowing more from many sources to make their decisions.

Mr. Magnusson; I agree, posters can get carried away. ICS will email you when we have further questions that your organazation may help in us making a decision.

Mr. Marchant, keep up the good work. Forums are meant to exchange ideas, opinions and facts. It is up to the reader to discern what they feel is which.

Regards,

Duane Tough
ICS


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/18/2005 9:22:46 AM

By: cyrille emery

and it certainly does not fit with the way you advertise CU on the website www.offshorebankingindex.com.

"Dear Forum visitors,
We can now form new Credit Unions again, authorized to take deposits make loans etc to clients worldwide.

Please visit www.swedishcreditunion.com for more information."

--------


I think for all those who are interested in starting an offshore bank that a few basic points must be outlined :
1) It requires a BUSINESS PLAN;
2) It requires EXPERIENCE in the bank industry (not at clerk level);
3) It requires CAPITAL (more than what might be expressed in a banking Act);
4) It requires EXPERIENCED STAFF;
4) It requires SUPERVISION (internally and externally)
5) It requires INTEGRITY;

For the potential clients, offshore banking SHALL PRESENT the following characteristics :

1) SUPERVISION BY AUTHORITIES;
2) COLLECTIVE DEPOSIT INSURANCE SCHEME;
3) RELIABILITY;
4) DISCLOSED PRINCIPALS AND OFFICERS
5) RESPECT OF THE BANKING LAW IN COUNTRY OF CLIENT'S RESIDENCE;
6) RESPECT OF INTERNATIONAL BANKING LAW
7) SOUND SOLVENCY RATIO (EXTERNALLY AUDITED/ASSESSED)

All these requirements are cumulative. If any fails, you put your money at risk... Dont be taken in by frivolous interpretation of regulations... The courts might have a different view and ultimately you will foot the bill....


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/18/2005 5:05:15 AM

By: cyrille emery

"Individuals resident within the EU looking for savings & loan products outside their country of residence".

I doubt that definition will pass the court test of a limited and precisely defined sphere thought it may escape the attention of a clerk at companies registry...


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/17/2005 5:31:51 PM

By: David Marchant

Whether this board is moderated or not is irrelevant to your comment that: "You seem to be fine having false statements on your board, as long as they attack entities you personally consider being "junk"."

The first half of your sentence shows hypocrisy on your part, in the sense that you allow false statements and obviously fraudulent solicitations on your message board, and the second part shows your ignorance, in the sense that your statement is not accurate.

FYI, I only moderate this forum in the sense that, if someone posts a libelous or irrelevant message and it is brought to my attention, it is deleted and, if people persist in posting false, mailicious or irrelevant postings, I ban their IP address. I certainly do not read all - or even most - of the messages posted here. You are correct that I do not allow advertising on this message board. The fact that you allow obvious fraudsters to use your site to attract victims indicates a lack of integrity on your part.

David Marchant


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/17/2005 4:15:48 PM

By: www.swedishcreditunion.com

The forum at www.offshorebankingindex.com is unmoderated, and advertising is allowed. That is a rather different policy than in this forum, yes.

Best Regards

Michael Magnusson


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/17/2005 4:07:40 PM

By: David Marchant

Dear Mr. Magnusson,

I am not "fine" with having false information on my firm's message board. If someone wants to crrect information that they believe is erroneous, they can do so.

However, I feel compelled to state that your comment is somewhat fresh coming considering your message board at www.offshorebankingindex.com is largely a place where fraudsters can reach potential victims.

Below are some recent messages:

__________

Caribbean sub-Banking Licences
Posted by Mark on 18/11/2004, 17:45:20

Please note that sub-licences for our operation in the Caribbean are now
available for reservation at £1000 UK sterling deposit, total cost £8500 UK
sterling. and will be available in March 2005.

__________

SELL BG MTN
Posted by Raivo on 5/1/2005, 9:50:31

Dear Sir/Madam,
We have currently available following financial instruments
Fund First procedures.
Frech Cut ,Slightly Seasoned ,Seasoned BG & MTN
MTNS AND BGS ARE FROM TOP 25 WESTERN EUROPEAN BANKS.

If you have any interest, please feel free to contact us.
We are in sell side .

Best Regards
Raivo

Raivo20002000@yahoo.co.uk

__________

New Offshore Licences
Posted by Mark on 29/11/2004, 17:19:35

New offshore licences available.
for instant information email :

licensing.new@tdxfinancial.co.uk

__________

International Credit Unions
Posted by OffshoreBankingIndex.Com on 7/12/2004, 21:00:30

Dear Forum visitors,
We can now form new Credit Unions again, authorized to take deposits make loans etc to clients worldwide.

Please visit www.swedishcreditunion.com for more information.

__________

David Marchant


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/17/2005 2:54:56 PM

By: www.swedishcreditunion.com

Mr. Marchant,

Thank you for your opinion. Again, I never tried to sell you a CU, just trying to correct false claims on your board. You seem to be fine having false statements on your board, as long as they attack entities you personally consider being "junk". Maybe I should not care either, and just let all of you conspire and speculate together here without interruption.

Best Regards

Michael Magnusson


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/20/2005 9:51:15 AM

By: Who is Europe Offshore, EFS Savings & Loans

http://web.archive.org/web/20000819090853/http://www.europeoffshore.com/efsbanking.htm
EFS SAVINGS & LOANS
We offer banking services directly to some of our clients through EFS Savings & Loan, a members savings bank registered in the EU.
Examples of services offered:
· Financial guarantees
· Letters of credit
· Bank references
· Term deposits
· Invoicing
Other services can be discussed on an individual basis. EFS Savings & Loan only offer banking services to its own members.


AND WHAT ABOUT A FULL BANK CHARTER FROM REPUBLIC OF MONTENEGRO?
http://web.archive.org/web/20000819090817/http://www.europeoffshore.com/bankformations.htm
OPTION 2
Full bank charter in the republic of Montenegro, former Yugoslavia.
Capital requirement: US$10.000,00
No qualification requirements.
The country:
The Republic of Montenegro forms part of The Yugoslav Federation FRY and is situated on Balkans, having the seashore on Adriatic right in the heart of Europe and Mediterranean. The capital of the Republic of Montenegro is Podgorica. The country has its own Constitution and President, as well as Government and Parliament structures. After several years of economic sanctions imposed by UN that were lifted recently, the economy needs foreign investment which was the reason of adopting special laws.


WHOIS CASH CARD REP 31718???
http://web.archive.org/web/20020103071806/www.cashcards.net/rep/31718/
Services Provided By:
EuroCapital Offshore SA


JUST WONDERING,
HUNTER


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/20/2005 8:57:58 AM

By: renatusonmagnusson

read yourself what "mr. cu" michael magnusson writes about "possibilites" to form and run banks... specifically his tipps and tricks to


http://www.offshoregoldcard.com/banksforsale.htm


absolute nonsense and not worth to comment further


magnusson has quite a remarkable reputation when it comes to sell clients obscure corporate structures and "financial services"... the style of his clients it fully compatible to the quality of the postings on his "board" - check yourself on http://www.members4.boardhost.com/offshorebanking/


stay away


ffbkdavid


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/20/2005 8:45:57 AM

By: renatusthenoncuowner

hi:

as always opionions are based on knowledge

1)
the use of swedish cu's as OFFSHORE BANKING VEHICLES or - even worse - entities formed to AVOID SUPERVISION BY NATIONAL BANKING AUTHORITIES is - better said: WAS - a classical loophole detected by some of these well-known "you may run your own bank"-clowns

2)
die swedish government filled-up the loophole and - at least as i'm informed - IT'S NO LONGER ALLOWED TO REGISTER CU'S on the basic they could have been used before the law change

3)
the problem is: cu's ALREADY REGISTERED were allowed to go on with their activities... which of course doesn't include CRIMINAL TRANSACTIONS

4)
innotative corporate service providers - another word for the "ymryob"-clowns mentioned above - still sell "existing" cu's at remarkable prices... some years ago they were available through montenegro-based "sources"

5)
the idea behind a cu is to offer ASSOCIATIONS and/or non-professional unions to offer "investments", "pensions schemes" and other non speculative products to THEIR MEMBERS... their is no MINIMAL MEMBER SPECIFICATION in the laws i checked... but a MAXIMUM

6)
with respect to "you cannot get 1,000 members as you are not allowed to market services of a cu"... well, you are of course allowed to offer MEMBERSHIP TO AN ASSOCIATION where one of the benefits would be "profiting from our inhouse innovative and reputable financial service klitsche"... understand?


i think all these discussions on swedish cu's are tales of yesterday... everyone we detected on the internet/through clients of us were simply scams and had nothing to do with the basically excellent idea swedish officials had in mind when implementing the relevant law


so, simply: hands off!


good luck


ffbkdavid


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/19/2005 3:32:18 AM

By: Cyrille Emery

Dear Hunter, as usual your files and information are always a pleasure to read although they always refer back to (potential) frauds.
As it is the CU seems to me to be marketed under terms that clearly could be an abuse of the law. I would not advise this type of entity to would be bankers...I wonder how people who think they are so financially astute as to break through into the (offshore)banking world can be taken in so easily...If the CU was the ultimate banking tool most of the international banks would be a CU.....

However I have been given some thoughts since the beginning of this thread and I think the CU could be used as a sort of "family office", i.e to manage a family wealth...Although the tax issue has to be considered carefully both at individual and CU levels(certainly the Panama outfit is not an answer)...


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/18/2005 11:08:42 PM

By: offshore-protection.com / First Swedish Savings

Maybe Sovereign Management Services S.A. at http://www.offshore-protection.com provided services for itself (as in one of those Swedish Credit Unions) since the site registration at one time was:

SITE REGISTRATION

WHOIS whois.opensrs.net offshore-protection.com:
IP address: 219.88.240.6
Host name: www.offshore-protection.com
Alias:
ip-219-88-240-6.orcon.net.nz

Registrant:
First Swedish Savings
Frosundaviks alle 15 4tr
SE
Solna, 169 70
SE

Domain name: OFFSHORE-PROTECTION.COM

Administrative Contact:
Eriksson, Lars mail@firstswedish.com
Frosundaviks alle 15 4tr
SE
Solna, 169 70
SE
+41.12742945
Technical Contact:
Schupbach, Nikolai hostmaster@registerdirect.co.nz
Unit 2, Level 1, Amuri Park
404 Barbadoes Street
Christchurch, Canterbury 8000
NZ
+64.39629510 Fax: +64.39629513



Registration Service Provider:
RegisterDIRECT, hostmaster@registerdirect.co.nz
+64-3-962-9516
+64-3-962-9513 (fax)
http://www.registerdirect.co.nz
This company may be contacted for domain login/passwords,
DNS/Nameserver changes, and general domain support questions.
Registrar of Record: TUCOWS, INC.
Record last updated on 23-Nov-2003.
Record expires on 26-Jul-2004.
Record created on 26-Jul-2001.

Domain servers in listed order:
NS1.REGISTERDIRECT.NET.NZ
NS2.REGISTERDIRECT.NET.NZ


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Anonymous
Posted: Friday, August 12, 2011

Posted: 1/18/2005 10:54:24 PM

By: eatc-turkey.com, offshore-protection.com, others

Marketing of the Swedish Credit Union with a Panama flavor seems to be making a come back.


http://www.swedishcreditunion.com/aboutcu.htm

About Credit Unions
A Credit Union can legally offer services typically offered by a fully licensed bank, such as taking deposits, making loans etc, as long as services are offered to members of the Credit Union only. Any potential customer can automatically become a member when opening and account, applying for a loan or engaging any other service of the Credit Union.The type of Credit Union we offer is registered in Sweden, a full member of the European Union. The entity can have up to 1000 members and be exempt from bank license requirement. Members can be of any nationality and resident anywhere in the world. The board of directors (minimum 3 directors) can be of any nationality, although 50% or more should have an address within the European Union.The Swedish Credit Union serves as a excellent tool for raising capital through international deposit taking (issuing of CD´s etc) and for engaging in savings & loan activities in general. The name of a Credit Union cannot include the name "bank" for obvious reasons, but names including words such as "Credit Union", "Savings & Loan", "Trust" etc are all allowed.We can offer a complete Credit Union formation package, including: CU certificates and bylaws in Swedish and English, both with ApostilleCertificate of deposit taking and lending status with ApostilleAssistance with account opening for the CU in SwedenAssistance with third party debit card issuing, including private label cardsAssistance with acquiring custom software for Internet bankingWe also include all relevant supporting documentation, such as the Swedish banking act complete with certified English translation and apostille.Time frame for the establishment of a new Credit Union is currently 4-6 weeks. Total cost including all legal fees and registration costs is USD 35,000.00. There are no further capital requirements as long as the CU comply with the membership limitation.

Offshore Reserve Group SA

http://www.swedishcreditunion.com/otherservicescu.htm
Other Services
We offer company formations in several offshore jurisdictions, aswell as consulting and other offshore related services. Example of our most popular offshore products:Tax exempted corporationsFoundations and trustsNew Zealand trust companiesOffshore bank account openingsDebit card issuingMany clients who set up a Swedish Credit Union choose to also form a separate payment processing company in Panama, in order to limit the tax liability in the Swedish entity. The Swedish entity would simply outsource certain services to the Panamanian entity, accumulating profits in tax free Panama rather than high tax Sweden.
Please do not hesitate to contact us with any questions you might have. You are also welcome to visit our homepage at www.offshorereserve.com for more details about our offshore services.



++++++++++++++++++

http://www.eatc-turkey.com/cu.html

About International Credit Unions
Now the Credit Union is usable again, again, with the 1000 member limit, but 100% clear a deposit taking entity registered in a EU country, and without capital requirements. This entity is registered in the form of a "Economic Association" and financial services can be offered to members only. The Economic Association is exempted from bank license requirement if; "financial services are offered to a group of entrepreneurs with a common financial interest". The common financial interest is established by making the entrepreneur a member of the association. This entity can be used as deposit taking institution, to offer loans, issue guarantees and other financial instruments. Any potential customer can automatically become a member when opening and account, applying for a loan or engaging any other service of the Credit Union.
The name of a Credit Union cannot include the name "bank" for obvious reasons, but names including words such as "Credit Union", "Savings & Loan", "Trust" etc are all allowed.
Members can be of any nationality, and there is no requirement to report the identity of members to any a uthority. Directors (minimum 3) can also be of any nationality, although at least 50% of the board of directors must have a mailing address within the European Union. We can arrange for maildrop addresses for this purpose if required.
The Swedish Credit Union serves as a excellent tool for raising capital through international deposit taking (issuing of CD´s etc) and for engaging in savings & loan activities in general.
Main Advantages:
This entity is registered in Sweden, a full European Union member and a highly respected jurisdiction. There are no annual license fee to pay, since the entity is exempted from license requirement. There are no qualification or paid up capital requirements.
Main Disadvantages:
High tax levels. Sweden is not a tax haven, and the association would have to pay 30% tax on any reported profit.It is highly recommended to use this entity together with a Panamanian licensed payment processing company, in order to accumulate profits in Panama rather than in Sweden.

Costa Rica:
Avia Business Services Ltd.
700 Central Avenue
Apdo. 409-2400
Desamparados
San José, Costa Rica
Fax: +1-775-295-1802

USA:
Avia Business Services Ltd.
1534 Plaza Lane #121
Burlingame, CA 94010
USA
Phone: +1-360-227-5429
Fax: +1-650-240-0278

+++++++++++++++++

http://offshore-protection.com/swedishCreditUnion.html

Sweden has a long history of innovative and alternative financial institutions. One of these is a unique type of credit union. Such a Swedish credit union with a 1000 member limit is fully capable of taking in deposits and is registered in a country that is part of the EU, and to cap it all, comes without any type of capital requirements. This entity is registered in the form of an ekonomisk forening as it is known in Swedish which means economic association. Financial services can only be offered to members and such financial services are normally restricted to the accepting of deposits and the making of loans to its members. In other words it would typically be expected to operate as a traditional savings and loan institution. However, it is feasible that such an entity could also issue guarantees (c.d’s for example) as well as other financial instruments.
The Economic Association is exempted from the bank licence requirement if these "financial services are offered to a group of entrepreneurs with a common financial interest". The common financial interest is established by making the entrepreneur a member of the association. The name of the entity cannot include the word "bank", but names including "Credit Union", "Savings" or "Savings & Loan", "Sparkassa" etc. are all allowed. Members can be of any nationality, but if requested the names of all members may be reportable to the finansinspektionen (Swedish finance and banking authority). In practice this would only be required if the activities of the credit union had been brought to their attention as potentially violating Swedish banking laws. However, even in that situation, only names with no other identifying information (such as passport id) are required. Directors (minimum 3) can also be of any nationality, although at least 50% of the board of directors must be technically residents of the European Union (although in practice an EU mailing address would suffice since there are no residency checks or tests made by the Swedish registration authority).
Main Advantages
1. This entity is registered in Sweden, a full European Union member and a highly respected jurisdiction.
2. There is no annual license fee to pay, since the entity is exempted from licence requirement.
3. There are no qualification or paid up capital requirements.

Main Disadvantages
1. High tax levels. Sweden is obviously not a tax haven, and the association would have to pay 30% tax on any reported profit. One way around this is to use this entity together with a Panamanian licensed payment processing company, in order to accumulate profits in Panama rather than in Sweden. (This company could also offer payment services like e-currency and credit/debit card services to the credit union members).
+++++++++++++++

http://slogold.net/sweden.html

Now the Credit Union is usable again, again, with the 1000 member limit, but 100% clear a deposit taking entity registered in a EU country, and without capital requirements. This entity is registered in the form of a "Economic Association" and financial services can be offered to members only. The Economic Association is exempted from bank license requirement if; "financial services are offered to a group of entrepreneurs with a common financial interest". The common financial interest is established by making the entrepreneur a member of the association. This entity can be used as deposit taking institution, to offer loans, issue guarantees and other financial instruments. The name of the entity cannot include the word "bank", but names including "Credit Union", "Savings & Loan", "Trust" etc are all allowed. Members can be of any nationality, and there is no requirement to report the identity of members to any authority. Directors (minimum 3) can also be of any nationality, although at least 50% of the board of directors must have a mailing address within the European Union. We can arrange for maildrop addresses for this purpose if required.

Main Advantages:
This entity is registered in Sweden, a full European Union member and a highly respected jurisdiction. There are no annual license fee to pay, since the entity is exempted from license requirement. There are no qualification or paid up capital requirements.

Main Disadvantages:
High tax levels. Sweden is not a tax haven, and the association would have to pay 30% tax on any reported profit.It is highly recommended to use this entity together with a Panamanian licensed payment processing company, in ord


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Warnings


Latest warnings

  • 16 set 2019
    Warning on

    FX Pro Europe - Cavendish Knight Asset Management - Brown and Bullock Capital Partners - www.yingtouqihuo.com - www.haitongguoji.com - Ltrader International Limited / Ltrader Global Limited / Ltrader International (Hong Kong) Limited - http://qhxd.hk - www.phntu.com- www.casdaqtrading.com - DSFFX - XLarge Assets Financial AG - Polski Dom Finansowy Piotr Pyczak - ProActive Trade - Finaxis - Signal Invention s.r.o. - Bitcoin Revolution - Assistenza Finanzjarja - Finamix Finances - Emirate Coin Tech - St Publius Malta Limited - Boiler Room

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Hong Kong (Securities and Futures Commission - SFC), Switzerland (Swiss Financial Market Supervisory Authority - FINMA), Poland (Polish Financial Supervision Authority - KNF), British Columbia (British Columbia Securities Commission - BCSC), Luxembourg (Commission de Surveillance du Secteur Financier - CSSF), Czech Republic (Czech National Bank - CNB) Malta (Malta Financial Services Authority - MFSA) and France (Authorité des marchés financiers - AMF) report the companies and websites offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • FX Pro Europe (www.fxproeurope.com), with declared offices in Austria, clone of the authorised company FXPRO Financial Services Limited;
    • Cavendish Knight Asset Management (www.ckassetmanagment.com), with declared offices in Zurich;
    • Brown and Bullock Capital Partners (www.brownandbullock.com), with declared offices in New York.

    Reported by the SFC:

    • www.yingtouqihuo.com;
    • www.haitongguoji.com;
    • Ltrader International Limited / Ltrader Global Limited / Ltrader International (Hong Kong) Limited;
    • http://qhxd.hk;
    • www.phntu.com, a website in no way attributable to the authorised company Bright Smart Securities International (H.K.) Limited;
    • www.casdaqtrading.com, a website in no way attributable to the authorised company Casdaq International Capital Market (HK) Company Limited;
    • DSFFX.

    Reported by the FINMA:

    • XLarge Assets Financial AG (www.xlarge-assets-financial.com), with declared offices in Zurich (Switzerland).

    Reported by the KNF:

    • Polski Dom Finansowy Piotr Pyczak.

    Reported by the BCSC:

    • ProActive Trade (www.proactivetrade.com), with declared offices in Zurich (Switzerland).

    Reported by the CSSF:

    • Finaxis (https://finaxis.io), with declared offices in Luxembourg.

    Reported by the CNB:

    • Signal Invention s.r.o. (https://financial-signal.com).

    Reported by the MFSA:

    • Bitcoin Revolution (https://zozo-framework.com). The homonymous company operating in Italy through the website https://www.bitcoin-revolution.eu was the subject of CONSOB Resolution no. 20908 of May 2, 2019 (see "CONSOB informa" n. 16/2019 of May 6, 2019);
    • Assistenza Finanzjarja, operating through social media (https://m.facebook.com/assistenzafinanzjarja);
    • Finamix Finances (https://fnamixsarlservc.com/);
    • Emirate Coin Tech (https://emiratecointech.com);
    • St Publius Malta Limited www.stpublius.com/en), (with declared offices in Valletta (Malta), previously known under the name St Publius Corporate Service Limited, headed by Peter Knappertsbusch.

    ***

    The French supervisory authority (Autorité des Marchés Financiers - AMF) warns investors, in particular retail investors, of the existence of a fraudulent sales practice called "Boiler Room". The abovementioned practice implemented by unauthorised parties consists in contacting the public, often by phone, with aggressive marketing practices and envisaging high yields, proposing investments in securities of listed companies. In particular, purchases of shares traded on Euronet Access are proposed.

    (in "Consob Informa" no. 31/2019 - 16 September 2019)

  • 09 set 2019
    Consob warning on

    Game Capital Ads Limited (www.capitalgbp.com) - Notesco Limited Uk (www.neural4x.com) - Finaxis (https://finaxis.io) - CCFDBank Ltd (www.ccfdbank.com) - ActivBroker Ltd (www.criptolux.com) - Tradervisual (https://tradervisual.com) - Fina Holding Limited (www.bprimes.com) - Swiss Investment Corporation Ltd (www.swissinvestmentfx) - CobraCFD Ltd (www.cobracfd.com)

    Pursuant to art. 7-Octies, paragraph 1, letter b) of Italian Legislative Decree no. 58/1998 (Consolidated Law on Finance - TUF) the, National Commission for Companies and the Stock Exchange has also ordered the following companies to cease infringement of art. 18 of the TUF:

    • Game Capital Ads Limited, through the website www.capitalgbp.com (Resolution no. 21036 of September 3, 2019);
    • Notesco Limited Uk, through the website www.neural4x.com (Resolution no. 21037 of September 3, 2019);
    • Finaxis, through the website https://finaxis.io (Resolution no. 21035 of September 3, 2019);
    • CCFDBank Ltd, through the website www.ccfdbank.com (Resolution no. 21032 of September 3, 2019);
    • ActivBroker Ltd, through the website www.criptolux.com (Resolution no. 21034 of September 3, 2019);
    • Tradervisual, through the website https://tradervisual.com (Resolution no. 21033 of September 3, 2019);
    • Fina Holding Limited, through the website www.bprimes.com (Resolution no. 21029 of September 3, 2019);
    • Swiss Investment Corporation Ltd, through the website www.swissinvestmentfx (Resolution no. 21031 of September 3, 2019);
    • CobraCFD Ltd, through the website www.cobracfd.com (Resolution no. 21030 of September 3, 2019).

    (Published in "Consob Informa" no. 30/2019 - 9 September 2019)

  • 09 set 2019
    Warning on

    Atlantic Equities Llp - First Chartered Investments - Trading Investments Group - British Capital Investments - Blemain Loans - Profit Trading Ltd - Smith & Williams Plc - Thomas and Ward Advisors Llc - Lib Group Asset Management - Bc Profit - Cheap Insurance Broker - B1 Insurance - Mariusz Juszcayk - Wise Capital Uk - Dang Kang International Group Limited - Hartmead Finance Limited - Fidelity International - Globality Wealth - Ralf Werner Tait Capital - Weila Capital Limited - Tbfx Limited - Dqn Capital - Tribely - Gerhard Moser Investment Capital Holdings - Claimsmart - Highsmith Capital Partners - Smart Loans - Rosewell Consulting Group - Global Reclaim - Burgoyne Capital - Leonard Curtis Business Rescue & Recovery - Mondrian Investment Partners Limited - Cavendish Knight Asset Management - Bison Financial Service - Willow Group Limited - Midway Management - http://mz.futuresvip.cn, - http:hkac1545.isitacenter.com - Continental Futures - 香港鑫瑞期貨資產管理有限公司 ...and other companies...

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Hong Kong (Securities and Futures Commission - SFC), Ireland (Central Bank of Ireland - CBI), Austria (Austrian Financial Market Authority - FMA), Spain (Comisión Nacional del Mercado de Valores - CNMV), Belgium (Financial Services and Markets Authority - FSMA), New Zealand (Financial Markets Authority - FMA New Zealand), Switzerland (Swiss Financial Market Supervisory Authority - FINMA), British Columbia (British Columbia Securities Commission - BCSC), Denmark (Danish Financial Authority - DFSA), Jersey (Jersey Financial Services Commission - JFSC), Argentina (Comisión Nacional de Valoresa- CNV), Luxembourg (Commission de Surveillance du Secteur Financier - CSSF) and Ontario (Ontario Securities Commission - OSCA) report the companies and websites offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • Atlantic Equities Llp (https://group-atlanticequities.com), with declared offices in London, clone of the homonymous authorised company;
    • First Chartered Investments (www.firstcharteredinvestments.co.uk), with declared offices in London;
    • Trading Investments Group (https://tradinginvestmentsgroup.com), with declared offices in London;
    • British Capital Investments, (https://britishcapitalinvestment.co.uk), with declared offices in London;
    • Blemain Loans (www.blemainloans.com), clone of the authorised company Blemain Finance Limited;
    • Profit Trading Ltd (www.profittradingltd.com), clone of the authorised company Profit Trading Ltd, with offices in London;
    • Smith & Williams Plc operating with the trading platform Smith and Williams Online, (www.smithandwilliamsonline.com, www.sandw-online.com), with declared offices in London, clone of the authorised companies Smith & Williamson Investment Management Llp and Smith & Williamson Investment Services Limited (www.smithandwilliamson.com and www.smithandwilliamson.com), with offices in London (reference numbers: 580531 and 131816);
    • Thomas and Ward Advisors Llc (www.thomasandward.com), with declared offices in New York;
    • Lib Group Asset Management (www.libsa.eu), with declared offices in Luxembourg;
    • Bc Profit (https://www.bcprofit.com/en/contact-us), with declared offices in London, clone of the authorised company Barings (Uk) Limited (www.barings.com), with offices in London (reference no.: 194662);
    • Cheap Insurance Broker;
    • B1 Insurance;
    • Mariusz Juszcayk;
    • Wise Capital Uk (www.wisecapitaluk.com), with declared offices in London, clone of the authorised company Wise Capital Limited, with offices in London (reference no.: 616989);
    • Dang Kang International Group Limited (https://en.dk-fc.com), with declared offices in New Zealand, clone of the authorised company DK Finance Limited (www.freemeofdebt.co.uk), with offices in the United Kingdom (reference no.: 712141);
    • Hartmead Finance Limited (www.hartmeadfinancelimited.com), with declared offices in London, clone of the authorised company Hartmead Finance Limited (reference no.: 741184);
    • Fidelity International, clone of the authorised company FIL Investments International (www.fidelity.co.uk; reference no.: 122170);
    • Globality Wealth (www.globality-wealth.com), with declared offices in London, clone of the authorised company Globality Sa (www.globality-health.com; reference no.: 499918);
    • Ralf Werner Tait Capital (https://rwt-capital.co.uk), with declared offices in London, clone of the authorised company Ralf Werner Tait, with offices in Germany (reference no.: 491575);
    • Weila Capital Limited (http://www.weilacapital.net, http://weillacapital.com, http://weilacapital.org), clone of the authorised company Weila Capital Ltd, (www.weilacapital.com) with offices in London (reference no.: 771592);
    • Tbfx Limited (www.tbfxtrades.com), clone of the authorised company Xtb Limited (www.xtb.com) with offices in London (reference no.: 522157);
    • Dqn Capital (www.dqn-capital.com), with declared offices in London, clone of the authorised company Dqn Global Capital Partners LLP (reference no.: 486497);
    • Tribely (www.tribelylimited.com/ https://tribelyltd.net), clone of the authorised company SeedTribe Limited (reference no.: 695526);
    • Gerhard Moser Investment Capital Holdings (www.gmicholdings.com), with declared offices in the Czech Republic and in Hong Kong, clone of the authorised company Moser Gerhard (reference no.: 443123);
    • Claimsmart clone of the authorised company Symmetric System Ltd operating with the trading platform Claim Smart (www.bank-smart.co.uk), with offices in the United Kingdom (reference no.: 834984);
    • Highsmith Capital Partners (www.highsmithcapital.com), with declared offices in New York;
    • Smart Loans (www.smartloans.co.uk);
    • Rosewell Consulting Group (www.rosewellconsultinggrp.com), with declared offices in New York;
    • Global Reclaim (www.globalreclaim.co.uk), with declared offices in London, clone of the authorised company Quickly Finance Limited (www.fasttrackreclaim.com; reference no.: 836013);
    • Burgoyne Capital (https://burgoyne-capital.com), clone of the authorised company Burgoyne Capital Limited (reference no.: 605715);
    • Leonard Curtis Business Rescue & Recovery, clone of the authorised company Leonard Curtis Legal Limited;
    • Mondrian Investment Partners Limited, clone of the homonymous authorised company;
    • Cavendish Knight Asset Management (www.ckassetmanagment.com), with declared offices in Zurich (Switzerland).

    Reported by the SFC:

    • Bison Financial Service (www.bison.com), with declared offices in Singapore;
    • Willow Group Limited (www.willowmgmt.com), with declared offices in Hong Kong;
    • Midway Management (www.midwaymanagement.com), with declared offices in Hong Kong;
    • http://mz.futuresvip.cn, website not to be associated to Freeman Commodities Limited authorised by the SFC;
    • http:hkac1545.isitacenter.com, website not to be associated to Huatai (Hong Kong) Futures Limited authorised by the SFC;
    • Continental Futures (www.zjqhhk.com), clone of an authorised company;
    • 香港鑫瑞期貨資產管理有限公司 (Chinese name only);
    • www.0553cj.com / www.ditljf.cn, websites not to be associated to the authorised companies Hung Sing Futures Limited and Hung Sing Securities Limited;
    • www.shzc188.com;
    • NaviCom International Investment;
    • www.jlfgp.com, website not to be associated to the company KingstonSecurities Limited authorised by the SFC;
    • www.bester.cc, website not to be associated to the company Roctec Futures Trading Company Limited authorised by the SFC;
    • 恆潤財富有限公司 (Chinese name only);
    • Crown Holdings Group (www.crownholdingsgroup.com), with declared offices in Hong Kong;
    • http://yikwahhk.com / www.yikwah.com.hk / www.yikwah.hk.;
    • Shengshuziben (www.sscsef.com);
    • www.boweiworld.com;
    • www.zyzq.hk;
    • www.ktg.hk;
    • www.honsuqh.com;
    • Seashell International (www.hbgjforex.com);
    • www.admcmb.biz.

    Reported by the CBI:

    • Hill Law Associates (https://hill-lawassociates.net), with declared offices in the USA.

    Reported by the FMA:

    • Universe Markets / WhiteSquare Trading Ltd, already reported by the CNMV (see "CONSOB informa" n. 40/2018, 29.10.2018);
    • Bitcoin Trader (www.de.bitcointraderspro.com), clone of the homonymous company, with similar website, already reported by the FMA - New Zealand (see "CONSOB informa" n. 26/2019 of 15.07.2019);
    • Key Markets Ltd (https://key-markets.com), with declared offices in the Marshall Islands;
    • Omc Markets (Personal Found Ltd), with declared offices in Sofia (www.omcmarkets.com);
    • Zuitex (www.zuitex.com);
    • UkFinvest / UKFinancial Investments / Aldima Ltd (www.ukfinvest.com), with declared offices in London.

    Reported by the CNMV:

    • Pvp Markets Ltd (www.pvpmarkets.com);
    • Jf Global Limited / Justforex (www.justforex.com);
    • Cubic Services Ltd / Global Markets (www.glob-markets.com);
    • Cct Market / Phhlt Marketing Limited (www.cctmarket.com);
    • Investing FM Ltd (https://investingfm.com);
    • Fivecircles Limited / Fg Markets ( https://fgmarket.com);
    • Wise Banc / Orion Eood Service (www.wisebanc.com), subject of CONSOB Resolution No. 20817 of February 14, 2019 published in "CONSOB informa" n. 6/2019, 18.2.2019;
    • 247CoinOptions LLC (https://247coinoptions.com; https://247coinoption.com);
    • http://bealgo.com;
    • Pro Capital Ltd (https://capitalfxclub.com, https://firstbtcfx.com);
    • Game Capital Ads (https://es.btcglobefx.com, https://es.capitalbtcfx.com, https://firstbtcfx.com, https://es.firstfxclub.com, https://es.gamebtcfx.com, https://es.procapitalfx.com);
    • European Investment Systems (www.eu-is.com). The CNMV also informs investors that this company is connected to the subject D. Antonio Català Porcel;
    • Exilon Markets Ltd (www.exilonmarkets.com);
    • General Trade (https://generaltrade.cc);
    • Gembell Ltd / Pocket Option (https://pocketoption.com);
    • Sinergia de Activos y Socios SL (www.xsinergia.com);
    • Zantar Investments (www.zantarinvestment.com);
    • Meridian Interstate Europe SL (www.mib-europe.com).

    Reported by the FSMA:

    • Partners Finances, clone of the homonymous authorised company, operating through the following websites:

    - www.financiabancos.com;

    - https://www.ssbebnq.com;

    - https://www.generalcreditbank.com;

    - www.bncfbank.com;

    - www.ncaebanq.com;

    - www.ncaxbnk.com;

    - https://obzibank.com;

    - www.qxam-bk.com;

    - www.mornabk.com;

    - www.eutransbk.com;

    - https://nasnobq.com;

    - https://www.zaambk.com;

    • Mutuals Kredit /Kredit Religieus;
    • Helix Credit Group;
    • Furst Credit;
    • Asterix Bank;
    • Go Capital Fx / Go Capital 123 / Lancelot Equity Ltd (www.gocapitalfx.com, www.gocapital123.com), with declared offices in Roseau – Dominica. The websites reported, used by a company operating in Italy under another name (Lancelot Equity Ltd), were the subject of CONSOB Resolution n. 20945 of May 29, 2019 published in "CONSOB informa" n. 20/2019 of 3.6.2019).

    Reported by the FMA (New Zealand):

    • SeaGold Invest, Pallet Coins and Pallet Invest (seagoldinvest.com, palletscoins.com, palletinvest.com), clone of the authorised company The Pallet Company Limited;
    • Girard Montague, Richard Sinclair and Richard Tan (www.girard-montague.com), with declared offices in Seoul (South Korea);
    • Next Trade Limited / Olympus Markets (www.olympusmarkets.com), with declared offices in Port Vila (Vanuatu);
    • www.fuerfx.com, website not related in any way to the authorised company Fern Group NZ Limited.

    Reported by FINMA:

    • Swiss Global Investments Sàrl (www.swissglobalgroup.com);
    • InterBankBrokers / Ang Group (www.interbankbrokers);
    • Coinfinex (www.coinfinex.com);
    • eCharge.io Ag (www.echg.kr);
    • Tradexfunds (www.tradexfunds.com);
    • Swiss Ag /Rox (https://roxcapital.ch);
    • Zuitex (www.zuitex.com);
    • Affinity Group Investing Ltd (www.agroupinvesting.com);
    • Licreston Asset Management (www.licreston.com);
    • Itt Service Ag in Liquidation (www.itt-service-ag.ch);
    • Ubs Investment Consulting, Ubs Financial Services Group and Ubs Investment Ag clones of the authorised company Ubs AG Zurigo, entered in the Swiss register of companies and in possession of FINMA authorisation, i.e. clones of other Ubs Group Ag group companies;
    • Ubs Finance, Ubs Investment Ag and Ubs Investment Group, (www.ubs-finance.com), clones of the authorised company Ubs AG Zurich, entered in the Swiss register of companies and in possession of FINMA authorisation, not referable to any company of the Ubs Group Ag group;
    • Bergmann Finance (www.bergmann-finance.ch; www.bergmann-finance.com);
    • Swiss Bank Global Limited (www.swissbank.global);
    • Standford Capital Markets (www.stanfordcapitalmarkets.com);
    • Neofinanzen (www.neofinanzen.com);
    • Proud Market (https://proud-market.com);
    • Swiss Capital Plus Bank (https://swisscapitalplus.com/index.html);
    • Axens (www.axens.io);
    • Swaye Capital Management (www.swayecapitale.com);
    • WealthCapital (www.wealthcapital.fm);
    • Willowdale Trading (www.willowdaletrading.com);
    • Axe Crypto Currency (https://axecc.io). The website and companies linked to it operating in our country (Solid Capital Ltd and Vortex Capital Ltd), have been the subject of CONSOB Resolution No. 20509 (see "CONSOB informa" n. 26/2018);
    • Merit Financial Services (https://meritforex.com);
    • FXnow (https://www.fxnow.ch);
    • Goldberg and Schwarz (https://goldbergandschwarz.com);
    • Crypto de Suisse (www.cryptodesuisse.com);
    • Lapo Bc Ag, (https://www.lapo.io);
    • Coin Chambers (www.coinchambers.com);
    • Global Trade Solutions Ag, (www.gts.solutions; https://cryptocapital.co);
    • Koya Trading Europe (www.koya-trading.com);
    • Privat Suisse (www.privat-suisse.com);
    • Antaros Ag (www.antaros.ch);
    • Ifs International Financial Services (www.interfinanceservice.com);
    • Swiss Banking Control (www.swiss-banking-control.com);
    • Dave's Consulting House Gmbh (www.davesch.ch);
    • JT Capital Markets (www.jtcapitalmarkets.com);
    • Novomontain Ltd (www.nextcoinmarket.com);
    • Swissinv24, (www.swissinv24.com). The subject has been the subject of CONSOB Resolution No. 20903 of April 18, 2019 (see "CONSOB informa" n. 15/2019);
    • Awe Swiss FX (https://awe-swissfx.ch);
    • 69brokers (www.69brokers.com);
    • BlackNumbers (www.blacknumbers.eu);
    • Ebosia (www.ebosia.com);
    • Andrioncapital Asset Management Sa (www.andrioncapital.com);
    • Companie General Cryptobanco Gmbh, with declared offices in Zug (Switzerland);
    • Axeinvest (https://axeinvest.com). The website and the related company operating in Italy with the name of Madar Partners Ltd, were the subject of CONSOB Resolution No. 20537 of July 25, 2018 (see "CONSOB informa" n. 30/2018);
    • Citadel Cosultancy Management Limited (www.citadelcm-ch.com);
    • CcxMarkets (www.ccxmarkets.com), with declared offices in Zurich;
    • Sek Capital Sa (http://www.sek-capital.ch);
    • Ciex.io (https://ciex.io), with declared offices in Geneva;
    • Deutsch Invest Limited (www.invest-di.com);
    • Baerenberg Group (https://www.baerenberg.ch/);
    • TrustFx, (https://trustfx.io/), with declared offices in Geneva;
    • Funkenberg Investments (www.funkenberg-investments.com), with declared offices in Zurich;
    • Sis - Safe Invest Services (www.safe-invest24.com), with declared offices in Zurich;
    • Global Market Trend (www.gmt-synvestment.com),with declared offices in Zurich;
    • Goldbaum & Partners Limited (https://goldbaumandpartners.com/), with declared offices in Zurich;
    • Apollo Swiss Ag (www.apollo-swiss.com), with declared offices in Zurich;
    • Zuercher Capital (www.zuerchercapital.com), with declared offices in Zurich (Switzerland);
    • Fx Zurich (www.fxzurich.com);
    • Berlingier Private Bank ( www.berlingier.com);
    • RNP Banking (www.rnpbanking.comcon), offices in Zurich (Switzerland)
    • Goldberg and Schwarz, (https://goldbergandschwarz.com) with offices in Zurich (Switzerland);
    • SwissCapital (https://swisscapital.fm),;
    • Trader Bank (www.trader-bank.com).

    Reported by the BCSC:

    • Fxtradex (www.fxtradex.org);
    • International Derivatives Group (www.idrvg.com), with declared offices in Toronto – Ontario.

    Reported by the DFSA:

    • Chris Gardner Group (www.chrisgardnergroup.com), with declared offices in Copenhagen and New York.

    Reported by the CSSF:

    • Cryptominingoptionsignal (https://cryptominingoptionsignal.com).

    Reported by the JFSC:

    • North Credit Trust (www.northcredittrust.com);
    • www.smithandwilliamsonline.com.

    Reported by the CNV:

    • Bautista, De La Cruz And Partners y/o Bautista, De La Cruz Y Socios (https://www.bautistadelacruz.com).

    Reported by the CSSF:

    • PierreCapitale (www.pierrecapitale.com);
    • Webnet Ltd (www.2dots.com), see CONSOB Resolution No. 20974 of 19.6.2019 Published in "CONSOB informa" n. 23/2019, 24.6.2019.

    Reported by the OSC:

    • Strategy One Ltd / Maxi Platinum Ltd (www.superbinary.com);
    • XCoin Broker (www.xcoinbroker.com);
    • Software and Media Ltd / BoxInvesting (https://boxinvesting.com);
    • TRSystem Limited / CFDS100 / CCLR Solutions Limited (www.cfds100.com);
    • Bristol Consulting FX (www.bristolconsultingfx.com).

    The supervisory authority of Ontario also warns investors that the advertising, offer, sale or trading of binary options by any person is prohibited in Ontario.

    (in "Consob Informa" no. 30/2019 - 9 September 2019)

  • 05 ago 2019
    Consob warning on

    Liracoin - DAMO (https://liracoin.club, www.liracoin.com e www.licex.io) - Forgues Gestion Sas (www.europeancryptobank.io) - Tessline Limited (www.tessline.com) Brown Fox Limited (www.eurtrades.com) - Level Up Capital Ltd (www.trade100.fm) - 4x Royal Ltd (https://4xroyal.com)

    he National Commission for Companies and the Stock Exchange has prohibited, pursuant to article 99, paragraph 1, letter d) of Legislative Decree n. 58/1998 (Consolidated Law on Finance - "TUF"), the offer to the Italian public of:

    - "Liracoin" carried out by "Liracoin - DAMO", including via the websites https://liracoin.club, www.liracoin.com and www.licex.io (Resolution n. 21024 of July 31, 2019). The Commission, with resolution no. 20944 of May 29, 2019, had already suspended the offer for a period of 90 days (see "CONSOB informa" n. 20/2019);

    - "Token ECB I" and "token ECB S", carried out by Forgues Gestion Sas including through the website www.europeancryptobank.io (Resolution no. 21023 of July 31, 2019). The Commission, with resolution no. 20929 of May 8, 2019, had already suspended the offer for a period of 90 days (see "CONSOB informa" n. 17/2019);

    concerning investments of a financial nature carried out by the company Tessline Limited including through the website www.tessline.com (Resolution no. 21019 of July 31, 2019). The Commission, with resolution no. 20948 of May 29, 2019, had already suspended the offer for a period of 90 days (see "CONSOB informa" n. 20/2019).

    Pursuant to art. 7- octies, paragraph 1, letter b) of Italian Legislative Decree no. 58/1998 (Consolidated Law on Finance), the National Commission for Companies and the Stock Exchange has also ordered the following companies to cease the infringement of art. 18 of the TUF:

    (Published in "Consob Informa" no. 29/2019 - 5 August 2019)

  • 05 ago 2019
    Warning on

    Yves Kapital Trading / YK Kapital/ YK Trading - Marc Finance - J.F. Global Advisors / Jurgen Fleischmann Global Advisors - James and Jekins Consulting Group - Blakdale Consultancy - UK Financial Management Ltd - Austin Finance - Cartwright & Brown Wealth Advisory - Katsumi and Partners - Bnf Capital Limited - Direct Trading Technologies Ltd - Standford Advisory - Dunn & Miller Corporate Partners - Gold Effortlessly Global Development Ltd - www.honglizichan.com - www.merrillfx.com - www.sinostonecap.com - www.zgtz99.cn - Hunch - SGtrade - www.hkxhgj.com - Hong Kong HDI International Traders - United Markets Capital - Morgan Cowen Capital - TraderUR - Alpha Financial Group - Hks Securities ltd - www.agm-invest.com - olympiamarkets.com - Silver Wolf Ltd - Wig Markets - Capital Tech Ltd - Pbox Ltd - Pbn Capital - Maxi Services Ltd - Market Solutions Ltd - Strategy One Ltd - Lima Forex - Fsm Smart Limited - Fsmsmarts - Alpha Group Holding - Capital Hedge Management ...and other companies...

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Hong Kong (Securities and Futures Commission - SFC), Holland (Netherlands authority for the Financial Markets - AFM), Spain (Comisión Nacional del Mercado de Valores - CNMV), Austria (Financial Market Authority - FMA), Luxembourg (Commision de Surveillance du Secteur Financier - CSSF), Poland (Polish Financial Supervision Authority - KNF) and Belgium (Financial Services and Markets Authority - FSMA), report the companies and web sites offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • Yves Kapital Trading / YK Kapital/ YK Trading (www.yveskapitaltrading.com), with declared office in Paris, clone of the authorised company Yves Abitbol, with offices in France (reference number: 711286);
    • Marc Finance (www.marcfinance.com), with declared offices in Zurich, clone of the authorised company Marc Finance Ltd, with offices in the Cayman Islands;
    • J.F. Global Advisors / Jurgen Fleischmann Global Advisors (www.jfglobaladvisors.com), with declared offices in Austria, Switzerland and New York, clone of the authorised company Jurgen Fleischmann (www.teamfleischmann.at), with offices in Austria (reference number: 830735);
    • James and Jekins Consulting Group (www.jamesandjenkinsgroup.com), with declared offices in New York;
    • Blakdale Consultancy (www.blackdaleconsultancy.com), with declared offices in New York;
    • UK Financial Management Ltd (www.ukfinancialmanagement.co.uk), with declared offices in Glasgow;
    • Austin Finance (www.austinfin.com), clone of the authorised company of the same name;
    • Cartwright & Brown Wealth Advisory (www.cartwrightandbrown.com), with declared offices in Dubai;
    • Katsumi and Partners (www.katsumipartners.com), with declared offices in Tokyo;
    • Bnf Capital Limited (http://bnf.capital), clone of the authorised company of the same name;
    • Direct Trading Technologies Ltd (www.directtradingtechnologies.com), with declared offices in Nicosia (Cyprus), Sydney and Dubai, clone of the authorised company Direct Trading Technologies Uk Ltd;
    • Standford Advisory (www.stanfordadvisory.com), with declared offices in Zurich;
    • Dunn & Miller Corporate Partners (www.dunnmillercorp.com), with declared offices in New York.

    Reported by the SFC:

    • Gold Effortlessly Global Development Ltd (en.jygold.net; www.hj9999.hk; www.jygold.net), with declared offices in Hong Kong, British Virgin Islands and New Zealand);
    • www.honglizichan.com;
    • www.merrillfx.com;
    • www.sinostonecap.com;
    • www.zgtz99.cn;
    • Hunch (www.hcoo.com), with declared offices in Hong Kong;
    • SGtrade (www.sgtradegood.com), with delcared offices in London;
    • www.hkxhgj.com;
    • Hong Kong HDI International Traders (www.hdicenters.com), with declared offices in Singapore.

    Reported by the AMF:

    • United Markets Capital (https://unitedmarketscapital.com), with declared offices in Bulgaria and Luxembourg;
    • Morgan Cowen Capital Markets (www.morgan-cowen.com), with declared offices in Singapore;
    • TraderUR (www.traderur.com), with declared offices in St. Vincent and the Grenadines;
    • Alpha Financial Group (www.alphafinancialgroup.com), with declared offices in Zurich;
    • Hks Securities ltd (www.hks-securities.com), with declared offices in Hong Kong.

    Reported by the CNMV:

    • www.agm-invest.com, a website already reported by CONSOB (see "CONSOB informa" n. 15/2019 of April 23, 2019) and the companies Agm Limited / Agm Group Ltd ( object of Resolution no. 20899 of May 2, 2019);
    • olympiamarkets.com;
    • Silver Wolf Ltd - Wig Markets (wigmarkets.com);
    • Capital Tech Ltd - Pbox Ltd - Pbn Capital (pbncapital.com);
    • Maxi Services Ltd - Market Solutions Ltd - Strategy One Ltd (maxitrade.com);
    • Lima Forex (limaforex.com);
    • Fsm Smart Limited - Fsmsmarts (fsmsmarts.com);
    • Alpha Group Holding - Capital Hedge Management (capitalhedgemanagement.com);
    • Fina Holding Ltd - BPrimes (bprimes.com);
    • Black Core Ltd - Blackcore Raw Bussines (blackcorerb.com);
    • Capital Em Ltd - BFx International (bfxinternational.com);
    • First Global (Uk) Limited - Firstbtcfx (es.firstbtcfx.com);
    • 31fx / 31-fx / Jrv Market Ltd (www.31-fx.com);
    • Orients Capital System Ltd / Orient Enterprise Georgia / Blue Empire / Blueempire Inc (www.orientscapital.com / www.theblueempire.com);
    • Capital Investment Brokers Limited (www.cibfx.com);
    • Pvp Markets Ltd (www.pvpmarkets.com);
    • Jf Global Limited /Justforex (www.justforex.com);
    • Cct Market /Phhlt Marketing Limited (www.cctmarket.com) subjects already reported by the supervisory authority of Austria - FMA (see "CONSOB informa" n. 26/2019);
    • Cubic Services Ltd /Global Markets (www.glob-markets.com).

    Reported by the FMA:

    • http://fhpfinance.com;

    Reported by the CSSF:

    • Zeus Tech & Trading Group Ltd (www.fibonetix.com), with declared offices in Luxembourg.

    Reported by the KNF:

    • Taurus Investments Wealth Management Sp. z o.o., with declared offices in Warsaw;
    • Maxi Services Ltd, already reported by the CNMV (see "CONSOB informa" n. 17/2019);
    • Bitstar sp zo.o., with declared offices in Warsaw.

    Reported by the FSMA:

    • Asterix Bank (www.asterixbank.com), with declared offices in New Zealand;
    • Mutuals Kredit / Krediet Religieus (www.mutuals-kredit.com; www.krediet-religieus.com);
    • Furst Kredit (www.furst-kredit.com), with declared offices in Frankfurt;
    • Helix Credit Group (www.helixcreditgroup.com), with declared offices in France.

    ____________________

    The Belgian supervisory authority (Financial Services and Markets Authority - FSMA) warns investors about cases of identity theft of authorised companies ("cloned companies"). As already noted by CONSOB (see"CONSOB informa" n. 25/2019), with this form of fraud, fraudsters assume the identity of a authorised company to give consumers the impression that they have the authorisation to offer their investment services.

    In this regard the FSMA reports that the following websites are using the information of the authorised company Partners Finances, in no way connected to them:

    • www.financiabancos.com;
    • www.ssbebnq.com;
    • www.generalcreditbank.com;
    • www.bncfbank.com;
    • www.ncaebanq.com;
    • www.ncaxbnk.com;
    • https://obzibank.com;
    • www.qxam-bk.com;
    • www.mornabk.com;
    • www.eutransbk.com;
    • https://nasnobq.com;
    • www.zaambk.com.

    ______________________

    The Belgian supervisory authority (Financial Services and Markets Authority - FSMA) has also reported the following websites offering, without the required authorisations, investment services related to the wine industry:

    • www.cavedor.com;
    • www.cave-france.com;
    • www.divinum-europe.com.

    (in "Consob Informa" no. 29/2019 - 5 August 2019)

  • 29 lug 2019
    Consob warning on

    Uab Elorona e Uab Rolneta (www.allglobalmarkets.com) - Sigma4Trade Ltd (www.sigmafortrade.com) - Zurix Corporation Ltd (https://marketsxchange.com) - Brown Fox Limited (https://swisscfd.com)

    Pursuant to art. 7-octies, paragraph 1, letter b) of Italian Legislative Decree no. 58/1998 (Consolidated Law on Finance - TUF) the, National Commission for Companies and the Stock Exchange has also ordered the following companies to cease infringement of art. 18 of the TUF:

    (Published in "Consob Informa" no. 28/2019 - 29 July 2019)

  • 22 lug 2019
    Consob warning on

    B C U Trading LLC - "Ricarica conto gioco" (https://mybet21.it) - "loan notes" (www.lonzainvestments.com)

    The National Commission for Companies and the Stock Exchange has prohibited, pursuant to article 99, paragraph 1, letter d) of Leg. Decree no. 58/1998 (Consolidated Law on Finance), the offering to the public resident in Italy involving investments of a financial nature carried out by B C U Trading LLC in the absence of the required authorisation, including through the website www.futurenet.club and the web page https://www.futurenetclub.com/Italiano/futurenet-futurenetadpro (Resolution no. 21003 of July 17, 2019). With resolution no. 20901 of April 18, 2019, CONSOB had already suspended the offer for a period of 90 days (see ‘Consob Inform’" no. 15/2019).

    The National Commission for Companies and the Stock Exchange has also:

    • suspended, for a period of 90 days, pursuant to article 99, paragraph 1, letter b) of Legislative Decree no. 58/1998 (Consolidated Law on Finance), the offering to the public resident in Italy of the investment package o ‘recharge game account’ performed without the required authorisation, including through the website https://mybet21.it (Resolution no. 21005 of July 17, 2019);
    • suspended, for a period of 90 days, pursuant to article 99, paragraph 1, letter b) of Legislative Decree no. 58/1998 (Consolidated Law on Finance), the offering to the public resident in Italy involving ‘loan notes’ effected in infringement of article 94 of the aforementioned legislative decree, including through the internet site www.lonzainvestments.com (Resolution no. 21004 of July 17, 2019).

    (Published in "Consob Informa" no. 27/2019 - 22 July 2019)

  • 22 lug 2019
    Warning on

    UK Investor Network - Redmayne Bentley - With Profits - Rapid Cash Loans - Huddleson Advisors - Quick Lends - Hong Kong Dahua Capital International Limited - Bali Limited Ltd - Videforex / Algobit Ltd - Smart Capital Advisor Ltd - Hq Broker / Capzone Invest Ltd - Grand Capital Ltd - Global BCM - Fxt Premium / Silver Wolf Ltd -CryptoMB / Columbia Capital Group Ltd - Btcointrader - Binarymate / Algobit Ltd - Bitcoin Trader - Universe Markets / WhiteSquare Trading Ltd - http://mf-wealth.com - Aduno Capital Group Ltd - VipWayZone - Go Capital Fx - LFP Luxembourg S.A. / LFP S.A. - Sap One - King Capital Management - MBI International MFC Club - Skyway Capital / Skyway Group, SkyWay Investment Group, RSW Investment Group Ltd - OneLife Network Limited - OneCoin Limited - Monetix Financial - AFX Capital Markets Ltd

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Hong Kong (Securities and Futures Commission - SFC), Spain (Comisión Nacional del Mercado de Valores - C NMV), Austria (Financial Market Authority - FMA), Belgium (Financial Services and Markets Authority - FSMA), Luxembourg (Commission de Surveillance du Secteur Financier - CSSF), New Zealand (Financial Markets Authority - FMA New Zealand) and Quebec (Autorité des Marchés Financiers - AMF- Quebec) report the companies and web sites that are offering investment, financial and insurance services without the required authorisation.

    Reported by the FCA:

    • UK Investor Network, (www.ukinvestornetwork.co.uk), clone of the authorised company 1OAk Capital Limited & Investor Solutions UK Limited;
    • Redmayne Bentley (www.red-bentley.com), clone of the authorised company Redmayne-Bentley LLP;
    • With Profits (www.withprofits.co), clone of the authorised company With Profits BVBA;
    • Rapid Cash Loans, clone of the authorised company Fidelity Works Ltd which operates with the trading platform Rapid Cash Loans;
    • Huddleson Advisors ( www.huddlesonadvisors.com), with declared registered address in New York;
    • Quick Lends (www.quicklends.co.uk), clone of the authorised company RU Media UK Limited.

    Reported by the SFC:

    • Hong Kong Dahua Capital International Limited (www.ysapp.cn), with declared registered address in Hong Kong.

    Reported by the CNMV:

    • Bali Limited Ltd (www.wellington-investments.com);
    • Videforex / Algobit Ltd (www.videforex.com);
    • Smart Capital Advisor Ltd (www.smartcapitaladvisor.com);
    • HQ Broker / Capzone Invest Ltd (www.hqbroker.com);
    • Grand Capital Ltd (https://grandcapital.net);
    • Global BCM (www.globalbcm.com);
    • Fxt Premium / Silver Wolf Ltd (www.fxtpremium.com), a company already reported by CONSOB (see ‘CONSOB Informa’ no. 31/2018 and ‘CONSOB Inform a’ n. 23/2019);
    • CryptoMB / Columbia Capital Group Ltd (www.cryptomb.I, wwwcryptomb.cc);
    • Btcointrader (www.bitcointrader.software);
    • Binarymate / Algobit Ltd (www.binarymate.com).

    Reported by the FMA:

    • Bitcoin Trader (de.bitcointraderspro.com);
    • Universe Markets / WhiteSquare Trading Ltd (www.universe-markets.com), with declared registered address in London;
    • http://mf-wealth.com;
    • Aduno Capital Group Ltd (www.adunocapital.com).

    Reported by the FSMA:

    • VipWayZone (company that offers investments in binary options);
    • Go Capital FX (company that offers investments in binary options).

    Reported by the CSSF:

    • LFP Luxembourg S.A. / LFP S.A. (www.lfp-gestion.com );
    • Sap One (www.sap-one.net).

    Reported by the FMA New Zealand:

    • King Capital Management (www.kingcapitalmanagement.com), with declared registered address in Jakarta (Indonesia);
    • MBI International MFC Club, with declared registered address in Malaysia;
    • Skyway Capital / Skyway Group, SkyWay Investment Group, RSW Investment Group Ltd (www.skywayinvestgroup.com), with declared registered address in London;
    • OneLife Network Limited (www.onelife.eu), with declared registered address in Belize City (Belize);
    • OneCoin Limited (www.onecoin.eu), with declared registered address in Sofia (Bulgaria).

    Reported by the AMF - Quebec:

    • Monetix Financial.

    The supervisory authority Cyprus Securities and Exchange Commission (CySEC) reports (https://www.cysec.gov.cy/CMSPages/GetFile.aspx?guid=eb4c73c5-f52f-4b56-8fc7-71a454134b9d) having ordered, with effect from July 19, 2019, the suspension of the authorisation to provide investment services issued to the Cypriot company AFX Capital Markets Ltd. Therefore, the company can no longer operate in Italy from that date (unless the suspension is lifted).

    (in "Consob Informa" no. 27/2019 - 22 July 2019)

  • 15 lug 2019
    Consob warning on

    Active and passive doubling guarantee deposits (https://doubleupgtl.eu - www.dupmania.com)

    The National Commission for Companies and the Stock Exchange has prohibited, pursuant to Article 99, paragraph 1, letter b), of the Legislative Decree n. 58/1998 (Consolidated Law on Finance - "TUF"), the offer to the Italian public concerning so-called "Active and passive doubling guarantee deposits" promoted on the websites https://doubleupgtl.eu and www.dupmania.com (Resolution no. 20995 of July 9, 2019).

    The Commission, with Resolution no. 20865 of March 27, 2019, had already suspended the offer for a period of 90 days (see "Consob informa" n. 12/2019).

    (Published in "Consob Informa" no. 26/2019 - 15 July 2019)

  • 15 lug 2019
    Warning on

    Sapien Asset Management - Pederson Law Firm - Cleeton Corporate Partners - Cooper & Barnes Wealth Advisory - Levenson Corporate Partners - Hill Law Associates - Northern Trust Global Services Plc - Selinus Investment - NBI Funds - UK General Insurance Limited - Solo Capitals - Chiba Bank UK - Marigold City - Baillie Gifford & Co Ltd - ZipCash Ltd - Investment & Finance China Alliance Limited - Bison Prime Limited/Bison Prime & Forex - Baocheng International Investment Co Ltd - www.hst22.com - Wall United Security Limited - GCG Asia - chgjzb.net - Kuvera Dinasty - Max Capital Limited / Finmax Binary Options / Gatelinas Uab - Binarycent / Cent Projects Ltd - Ecn Premium / Brown Fox Limited - Gainsy - https://criptomonedastop.com - Idenitive Investments Ltd - fxprivilege.com. - Vanilla Golden Trade - Mercados Trading - Ichimoku Fibonacci - Meridian Interstate Europe SL - CCTMarket / PHHLT Marketing Limited - Swiss Investment Corporation Ltd/ Swiss Investment Fx - Bitcoin Trader

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Hong Kong (Securities and Futures Commission - SFC), Spain (Comisión Nacional del Mercado de Valores - CNMV), France (Authorité des marchés financiers - AMF), Argentina (Comisiòn Nacional de Valores - Argentina - CNVA), Austria (Financial Market Autority - FMA) and New Zealand (Financial Markets Authority - GMA New Zealand), report the companies and websites offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • Sapien Asset Management (www.sapienassetmanagement.com), with declared offices in London;
    • Pederson Law Firm (www.pedersonlawfirm.com), with declared offices in Towsone (USA);
    • Cleeton Corporate Partners (www.cleetoncorporate.com), with declared offices in New York;
    • Cooper & Barnes Wealth Advisory (www.cooperbarneswealth.com), with declared offices in Zurich (Switzerland);
    • Levenson Corporate Partners (www.levensonpartners.com), with declared offices in New York;
    • Hill Law Associates (www.hill-lawassociates.net), with declared offices in Chicago (USA);
    • Northern Trust Global Services Plc (https://northerntrustglobalplc.com ), with declared offices in London, clone of the authorised company Northern Trust Global Funds Plc with offices in Dublin;
    • Selinus Investment (https://selinusinvestment.com), clone of the authorised company Selinus Capital Gmbh (already reported by the CNMV see" Consob informa" n. 24/19 of July 1, 2019);
    • NBI Funds (www.nbifunds.com), with declared offices in London, clone of the authorised company Neuberger Berman Investment Funds plc with offices in Dublin;
    • UK General Insurance Limited (ukgeneral@insurer.com​​​​​​), with declared offices in Edinburgh, clone of the company UK General Insurance Limited with offices in West Yorkshire (GB);
    • Solo Capitals (www.solocapitals.net), with declared offices in Estonia;
    • Chiba Bank UK (https://chibab.net/index2.php), clone of the authorised company Chiba Bank Ltd;
    • Marigold City (www.facebook.com/pg/ALI07944445517), clone of the authorised company City Broking Limited;
    • Baillie Gifford & Co Ltd (henry.stone@bailliegifford.com), clone of the authorised company of the same name;
    • ZipCash Ltd, clone of the authorised company ZipCash (operating with the trading platform Bas Financial Limited).

    Reported by the SFC:

    • Investment & Finance China Alliance Limited;
    • Bison Prime Limited/Bison Prime & Forex;
    • Baocheng International Investment Co Ltd (www.bcgjfx.com);
    • www.hst22.com;
    • Wall United Security Limited (www.huarefx.com);
    • GCG Asia (www.gcgasiacoin.com; www.gcgasiahk.com), with declared offices in Kuala Lumpur and in Cambodia;
    • www.chgjzb.net.

    Reported by the CNMV:

    • Kuvera Dinasty (www.kuveradinasty.com);
    • Max Capital Limited / Finmax Binary Options / Gatelinas Uab (https://finmaxbo.com);
    • Binarycent / Cent Projects Ltd (www.binarycent.com);
    • Ecn Premium / Brown Fox Limited (www.ecnpremium.com);
    • Gainsy (www.gainsy.com);
    • https://criptomonedastop.com page web che risulta collegata alla pagina http://criptorobot.com già segnalata da parte della stessa Cnmv il 7 maggio 2018;
    • Idenitive Investments Ltd (https://invest.idenitive.org / https://idenitive.org/);
    • www.fxprivilege.com.

    Reported by the AMF:

    • Vanilla Golden Trade (www.vanilla-gt.net).

    The French supervisory authority (Autorité des Marchés Financiers - AMF) has also recently updated the list of websites that offer investment services without the required authorisations:

    - www.acm-patrimoine.com;
    - www.amazon-capital.uk;
    - www.azr-capital.com;
    - www.capital-bovin.com;
    - www.capital-cheptel.fr;
    - www.cavedor.com;
    - www.cave-france.com;
    - www.cheptelinvest.com;
    - www.choices-invest.com;
    - www.cow-invest.com;
    - www.dbs-minage.com;
    - www.dfir-kapital.com;
    - www.divinum-europe.com;
    - www.epargne-agricole.com;
    - www.fortis-prime.com;
    - www.francevinsconseils.com;
    - ww.gaecdelabelangerie.com;
    - www.invest-partnercapital.com;
    - www.investissement.svbs-ltd.com;
    - www.io-capital.net;
    - www.lait-de-France.com;
    - www.lvm-capital.com;
    - www.meilleurscrus.com;
    - www.place-aux-vins.com;
    - www.rjlitten.com;
    - www.terium-gestion.com;
    - www.tradition-bovin.com;
    - www.tradition-london-clearing.com;
    - ww.vacheinvestissement.com;
    - www.valorexe.com;
    - www.vegaswiss.com;
    - www.veritas-investissement.com
    ;
    - www.vinpatrimoine.com;
    - www.wine-investments.com
    .

    Reported by the CNVA:

    • Mercados Trading (www.mercadostrading.com);
    • Ichimoku Fibonacci (www.ichimokufibonacci.com).

    Reported by the FMA (Austria):

    • Meridian Interstate Europe SL (www.mib-europe.com), with declared offices in Spain and Germany;
    • CCTMarket PHHLT / Marketing Limited (www.cctmarket.com), with declared offices in Kingstown, St. Vincent & the Grenadines;
    • Swiss Investment Corporation Ltd/ Swiss Investment Fx (https://swissinvestimentfx.com), with declared offices in the Marshall Islands.

    Reported by the FMA(New Zealand):

    • Bitcoin Trader (www.bitcointraderspro.com).

    (in "Consob Informa" no. 26/2019 - 15 July 2019)

  • 08 lug 2019
    Consob warning on

    Genese Am Ltd (www.genese-am.com) - www.carsana-management.com

    Pursuant to art. 7-octies, letter b) of Italian Legislative Decree no. 58/1998 (Consolidated Law on Finance - TUF) the, National Commission for Companies and the Stock Exchange has also ordered the company Genese Am Ltd to cease infringement of art. 18 of the TUF put in place via the website www.genese-am.com (Resolution no. 20988 of July 3, 2019).

    The National Commission for Companies and the Stock Exchange has prohibited, pursuant to Article 99, paragraph 1, letter b), of the Legislative Decree n. 58/1998 ("TUF"), the offer to the Italian public of investment packages/programmes called " Soluzioni x rendite automatiche" (solutions for automatic returns) promoted on the website www.carsana-management.com (Resolution no. 20989 of July 3, 2019).

    The Commission, with Resolutions No 20878 and 20879 of April 3, 2019, had already suspended the offer, for a period of 90 days, and ordered, within the meaning of Article 7-octies, letter b), of the TUF to cease the infringement of Article 18 (see "Consob informa" n. 13/2019 ).

    (Published in "Consob Informa" no. 25/2019 - 8 July 2019)

  • 08 lug 2019
    Warning on

    Blueford Consultancy Ltd - M. Succes FX - Andreas Geiger - Wagon Finance - 31FX - ASCO Investment Services - www.asia-trading.cc. - Rising Speed International Limited - Red Básica - selinusinvestment.com, selicoin.io - MMTIG - FinRally / Algobit LTD - Binatexia Ltd / Yulanta Business Ltd - Kuvera Dinasty - Max Capital Limited / Finmax Binary Options / Gatelinas Uab - Cent Projects Ltd / Binarycent - Kuvera LLC - Fargo Global Limited - Traderia / Pro Star Griffith Corporate Limited - Idenitive Investments Ltd - Brown Fox Limited / Ecn Premium - RaceOption / Race Projects LTD - Gainsy - https://criptomonedastop.com - www.fxprivilege.com - Capital TradeFx Ltd - Monetix Services financiers - www.placements-prives.com - S&P Broker - www.belair-house.co.uk - Metainvesting, B.M.O, Ltd. E Meta Investing - Software and Media Ltd., BoxInvesting - Swiss Investment Corporation Ltd/Swiss Investment Fx - CCTMarket - Meridian Interstate Europe SL - Capital Managements - TopTradePro / Motion LTD - websites offering investments in binary options, cryptocurrencies and derivatives by unspecified companies

    The supervisory authorities of the United Kingdom ( Financial Conduct Authority - FCA), Hong Kong (Securities and Futures Commission - SFC), Spain (Comisión Nacional del Mercado de Valores - CNMV), France (Authorité des marchés financiers - AMF), Quebec (Authorité des marchés financiers - AMF - Quebec), Luxembourg (Commission de Surveillance du Secteur Financier - CSSF), Ontario (Ontario Securities Commission - OSC) and Austria ( Financial Market Authority - FMA) report the companies and websites offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • Blueford Consultancy Ltd (www.bluefordconsultancy.com);
    • M. Succes FX (https://www.m-successfx.com/en/col.jsp?id=101), clone of the authorised company Equiti Capital UK Limited;
    • Andreas Geiger (www.andreasgeiger.co.uk), clone of the homonymous authorised company;
    • Wagon Finance (www.wagonfinance.com), clone of the authorised company Maxima Group Srl;
    • 31FX (https://31-fx.com);
    • ASCO Investment Services (http://www.ascois.com).

    Reported by the SFC:

    • www.asia-trading.cc.;
    • Rising Speed International Limited.

    Reported by the CNMV:

    • Red Básica (http://www.redbasica.com);
    • selinusinvestment.com, selicoin.io (previously reported by the CNMV, published in "Consob Informa" n. 24/2019 of July 1, 2019);
    • MMTIG (https://mmtig.com);
    • FinRally / Algobit LTD (www.finrally.com);
    • Binatexia Ltd / Yulanta Business Ltd (www.binatex.com);
    • Kuvera Dinasty (www.kuveradynasty.com);
    • Max Capital Limited / Finmax Binary Options / Gatelinas Uab (https://finmaxbo.com);
    • Cent Projects Ltd / Binarycent (www.binarycent.com);
    • Kuvera LLC (https://kuveraglobal.com);
    • Fargo Global Limited (www.fargo-global.com);
    • Traderia / Pro Star Griffith Corporate Limited (www.traderia.com)
    • Idenitive Investments Ltd ( https://invest.idenitive.org, https://idenitive.org);
    • Brown Fox Limited / Ecn Premium (www.ecnpremium.com);
    • RaceOption / Race Projects LTD (www.raceoption.com);
    • Gainsy (www.gainsy.com);
    • https://criptomonedastop.com (connected to the website http:77criptorobot.com, previously reported by the CNMV on May 7, 2018);
    • www.fxprivilege.com;
    • Capital TradeFx Ltd (www.capitaltradefx.com).

    Reported by the AMF - Quebec:

    • Monetix Services financiers.

    Reported by the CSSF:

    • www.placements-prives.com;
    • S&P Broker;
    • www.belair-house.co.uk (clone of an authorised company, previously reported by the FCA and the CNMV, published in "Consob informa" n. 24/2019 of July 1, 2019).

    Reported by the OSC:

    • Metainvesting, B.M.O Ltd. and Meta Investing (www.metainvesting.com);
    • Software and Media Ltd., BoxInvesting (https://boxinvesting.com).

    Reported by the FMA:

    • Swiss Investment Corporation Ltd/Swiss Investment Fx ( https://swissinvestimentfx.com), with declared offices in the Marshall Islands;
    • CCTMarket ( www.cctmarket.com), with declared offices in Kingstown, St. Vincent & the Grenadines;
    • Meridian Interstate Europe SL, with declared offices in Spain and Germany;
    • Capital Managements (www.capital-managements.net), with declared offices in Austria and Luxembourg;
    • TopTradePro / Motion LTD www.toptradepro.com, with declared offices in the Marshall Islands, previously reported by the CNMV (see " Consob informa" n. 23/2019 of June 24, 2019).

    The French supervisory authority (Authorité des marchés financiers - AFM) reports that websites are offering investments in binary options, cryptocurrencies and derivatives by unspecified companies.

    (in "Consob Informa" no. 25/2019 - 8 July 2019)

  • 03 lug 2019
    Consob warning on

    Consob warning for investor protection on a so-called "City Group Italy banking group" which proposes to recover investor credits lost through trading online

    Consob reports that the so-called "City Group Italy banking group", by sending e-mail messages, fraudulently using the logo and the name of the CONSOB and an authorized financial intermediary, claims to has been mandated by CONSOB itself to apply the legislation of an unspecified "Investor Compensation Fund" to recover the investments lost through online trading sites.

    Please note that the content of these messages is false and misleading.

    CONSOB, which has never authorized such initiatives, believes that behind these activities lies the intention to defraud investors.

    It is therefore recommended not to adhere absolutely to these proposals and to view the section of the CONSOB institutional website called "Occhio alle truffe!" and, in particular, the previous Consob communications for investor prottection regarding the phenomena of self-styled credit recovery companies and the cc.dd. "clone companies".

    (Published on 3 July 2019)

  • 01 lug 2019
    Consob warning on

    PayPeq Holdings OÜ (www.investus.fm) - Herdos (https://herdos.com) - Rsw Investment Group Ltd (www.skywayinvestgroup.com)

    Pursuant to art. 7-octies, paragraph 1, letter b) of Italian Legislative Decree no. 58/1998 (Consolidated Law on Finance - TUF) the, National Commission for Companies and the Stock Exchange has ordered the following companies to cease infringement of art. 18 of the TUF:

    The National Commission for Companies and the Stock Exchange has also prohibited, pursuant to Article 99, paragraph 1, letter d), of the TUF, the offer to the Italian public of shares put in place by Rsw Investment Group Ltd (operating under the trade name of Skyway Invest Group or Swig), including through the website www.skywayinvestgroup.com (Resolution no. 20978 of June 26, 2019).

    (Published in "Consob Informa" no. 24/2019 - 1 July 2019)

  • 01 lug 2019
    Warning on

    Capital Finances - Bad Credit Site - Watchtower Finance Limited - Delta Car Insurance - T. Rowe Price International Limited - Goldman Sachs Asset Management International - Daxhelet Capital - Sigma4trade Limited - Hedge Prestige Bank - Fiedler Hans Peter - Dieter Hans-Werner Anzock - Belair House - www.merrillhk.com- 智慧之王- FBC Asia Limited - Prime Trading Global - http://u10063256.viewer.maka.im/k/4UFG9AOE- www.jubo168.cn - Senta Information Ltd- Singlebell Ou - Singlebell Ltd - Financika ltd - Red básica - selinusinvestment.com / selicoin.io - McCulloh & Townsend - International Securities Regulatory Authority - Willow Group Limited - S&P Broker - www.belair-house.co.uk - www.placements-prives.com - www.black-trading.com / Black Trading Corp - www.finaria-fx.com / Goldtech Media Services OÜ- www.hispamarkets.com / Hispa Mkts Ltd / 1000 Extra Group- www.marketsbroker.com / Markets Broker - www.pepperdyne.com / Blackstone Capital Limited - www.swissmain.com / Meridian Banc Ltd / Swissmain Ltd- www.tradeprocapitals.com / TradePro Capital Markets - www.tradershome.com / Tradershome Ltd - www.wisebanc.com / Orion Services EOO D- www.bforfinance.com - www.coin-financial.com - www.gwt-capital.com - www.jbcapitals.com - www.xcoinbroker.com - www.flexioptions.com - truffatori che si spacciano per funzionari CySec o di altre autorità di controllo cipriote - elenco dei siti internet e delle società che stanno offrendo servizi di investimento senza autorizzazione

    The supervisor authorities of the United Kingdom (Financial Conduct Authority - FCA), Hong Kong (Securities and Futures Commission - SFC), Spain (Comisión Nacional del Mercado de Valores - CNMV), New Zealand (Financial Markets Authority - FMA) and Luxembourg (Commisione de Surveillance du Secteur Financier - CSSF) report the companies and websites that are offering investment, financial and insurance services without the required authorisation.

    Reported by the FCA:

    • Capital Finances (www.capitalfinances.co.uk);
    • Bad Credit Site (www.capitalfinances.co.uk), clone of the authorised company Capital Finances;
    • Watchtower Finance Limited (www.watchtowerfinance.co.uk), clone of the authorised company of the same name;
    • Delta Car Insurance (www.instagram.com/deltacarinsurance);
    • T. Rowe Price International Limited (www.fixedratebondreturns.com, www.trowepriceuk.com), clone of the authorised company of the same name;
    • Goldman Sachs Asset Management International (http://gsaminternational.com), clone of the authorised company of the same name;
    • Daxhelet Capital (www.daxheletcapital.com), clone of the authorised company of the same name Roselyne Daxhelet;
    • Sigma4Trade Limited, (www.sigma4trade.com/company-profile/contact/), clone of the authorised company Sigma Broking Limited;
    • Hedge Prestige Bank (https://hedgeprestigebank.co.uk; https://hedgeprestigebank.com);
    • Fiedler Hans Peter (www.fhpfinance.com), clone of an authorised company;
    • Dieter Hans-Werner Anzock (https://dhwa-capital.com), clone of an authorised company;
    • Belair House (www.belair-house.co.uk), clone of an authorised company.

    Reported by the SFC:

    • www.merrillhk.com;
    • 智慧之王, (Chines name only);
    • FBC Asia Limited;
    • Prime Trading Global;
    • http://u10063256.viewer.maka.im/k/4UFG9AOE;
    • www.jubo168.cn;
    • Senta Information Ltd.

    Reported by the CNMV:

    • Singlebell Ou - Singlebell Ltd (https://www.hybridreserve.com/);
    • Financika ltd (www.financikatrade.com);
    • Red básica (www.redbasica.com).

    The supervisory authority of Spain, la Comisión Nacional del Mercado de Valores (CNMV) also reports that the websites selinusinvestment.com / selicoin.io not in any way related to the authorised companies Selinus Capital Advisors Gmbh and Selinus Capital Gmbh (www.selinus-capital.com).

    Reported by the FMA:

    • McCulloh & Townsend (www.mccullohandtownsend.net);
    • International Securities Regulatory Authority (https://isra-eu.com), with declared offices in Zurich – Switzerland;
    • Willow Group Limited (www.willowmgmt.com), with declared offices in Hong Kong.

    Reported by the CSSF:

    • S&P Broker (https://snpbroker.io), with declared offices in Luxembourg.
    • www.belair-house.co.uk, which operates under the name Belair House, company authorised in Luxembourg and that has no connection with the website www.belair-house.co.uk;
    • www.placements-prives.com, which operates under the name Alpha Patrimoine, company authorised in Luxembourg and that has no connection with the website www.placements-prives.com.

    The supervisory authorities of Cyprus, Cyprus Securities and Excange Commission (CySec), warns savers against fraudsters posing as officials from CySec or other supervisory authorities in Cyprus (e.g. Central Bank of Cyprus), contacting investors, also using a cloned e-mail and logos, proposing compensation against potential damage suffered by unauthorised companies.

    The supervisory authority of France, Authorité des marchés financiers (MFA), has updated the list of websites and companies that are offering investment services (also in binary options and cryptocurrencies) without the required authorisation.

    • www.black-trading.com / Black Trading Corp;
    • www.finaria-fx.com / Goldtech Media Services OÜ;
    • www.hispamarkets.com / Hispa Mkts Ltd / 1000 Extra Group;
    • www.marketsbroker.com / Markets Broker;
    • www.pepperdyne.com / Blackstone Capital Limited;
    • www.swissmain.com / Meridian Banc Ltd / Swissmain Ltd;
    • www.tradeprocapitals.com / TradePro Capital Markets;
    • www.tradershome.com / Tradershome Ltd;
    • www.wisebanc.com / Orion Services EOOD;
    • www.bforfinance.com;
    • www.coin-financial.com;
    • www.gwt-capital.com;
    • www.jbcapitals.com;
    • www.xcoinbroker.com;
    • www.flexioptions.com.

    (in "Consob Informa" no. 24/2019 - 1 July 2019)

  • 24 giu 2019
    Consob warning on

    AlphaTec Ltd (www.kayafx.com) - WebNet Ltd e 4Com Network Srl (www.2dots.com) - Silver Wolf Limited (www.bronzemarkets.com) - Solar Group Limited (https://solargroup.pro)

    Pursuant to art. 7-Octies, paragraph 1, letter b) of Italian Legislative Decree no. 58/1998 (Consolidated Law on Finance - TUF) the, National Commission for Companies and the Stock Exchange has also ordered the following companies to cease infringement of art. 18 of the TUF:

    The National Commission for Companies and the Stock Exchange has also prohibited, pursuant to Article 99, paragraph 1(d) of the TUF, the offer to the Italian public of shares promoted by the company Solar Group Limited, including through the website https://solargroup.pro (Resolution no. 20965 of June 18, 2019).

    (Published in "Consob Informa" no. 23/2019 - 24 June 2019)

  • 24 giu 2019
    Warning on

    Infinity Capital Markets - Claims Careline Ltd - HG Financial Management Co - Huber Gustav - Markus Korsten - Collier Consulting Group LLC - Equistone Volkswagen AG - Pay Trade - Easy FX Trade /Easy Trade Global - Wings Finance / Wings Finance UK Limited - Property Option Investing - Fiona Wilson Financial Services Limited - Kleinwort Hambros / SG Kleinwort Hambros Bank Limited - Skandinaviska Enskilda Banken AB ("Seb") - Icap Crypto - Global Arab Fx - Van Gossum Consult - Stepsworth Consulting Group - Tomason Henry Law Offices - Sullivan Seton Murphy Law Firm - Pinnacle Invest Group Ltd - Performance Equity Inc - Orient Acquisitions Group Inc - North American Securities Transfer - Kenilworth Mergers & Acquisitions Inc - Everett Capital Partners - Darwin Acquisition Group - Anderson & Scott LLP - 365Tradeposition - Senta Information ltd - China-Hong Huaxia Fund Asset Management (Hong Kong) Co. Limited - www.yideiwang.cn - SkyCentury Group - 輝煌國際金融有限公司 - Delta Capital - Ju fu Capital Asset Management Co, Ltd - LM Swiss Direct Ltd - Nobel Trade Investments LLC - Fake President Fraud - https://toptradepro.com - https://www.profit-trade.com/es/ - https://dubaiprofitnow.com/en - http://www.ubcfx.com - https://es.tqrtrade.com/ - Next Trade Ltd/Olympus Markets - Lofer Investments, Sl - Lofer Investments, Corp

    The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), United States (Securities and Exchange Commission – SEC), Hong Kong (Securities and Futures Commission – SFC), British Columbia, (British Columbia Securities Commission – BCSC), Luxembourg (Commisione de Surveillance du Secteur Financier - CSSF), Quebec (Autorité de Marchés Financiers (AMF Quebec) and Spain (Comisión Nacional del Mercado de Valores - CNMV) report the companies and websites offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • Infinity Capital Markets, (clone of an authorised company);
    • Claims Careline Ltd, (clone of an authorised company);
    • HG Financial Management Co - Huber Gustav (www.hgfinancialmanagement.com), clone of an authorised company;
    • Markus Korsten www.marcuskorsten.com), (clone of an authorised company;
    • Collier Consulting Group LLC (www.collierconsultinggrp.com);
    • Equistone Volkswagen AG (Https://www.uk-investmentbond.com), clone of the authorised company Equistone Partners Europe Limited;
    • Pay Trade (https://paytrade.io), clone of the authorised company Jpn Financial Consulting Limited;
    • Easy FX Trade /Easy Trade Global (www.easyfxtrade.com, www.easytrade.global), clone of the authorised company Hantec Markets Limited;
    • Wings Finance / Wings Finance UK Limited (https://www.wingsfinance.online);
    • Property Option Investing (www.propertyoptioninvesting.com);
    • Fiona Wilson Financial Services Limited, clone of an authorised company;
    • Kleinwort Hambros / SG Kleinwort Hambros Bank Limited, clone of an authorised company;
    • Skandinaviska Enskilda Banken AB ("Seb"), clone of an authorised company;
    • Icap Crypto (www.icapcrypto.com),clone of an authorised company Icap Europe Limited;
    • Global Arab Fx (www.globalarabfx.com), clone of the authorised company Global Fx (UK) Ltd;
    • Van Gossum Consult (www.vangossumconsult.com), clone of the authorised company Van Gossum Consult Bvb, with declared offices in Hong Kong and Singapore;
    • Stepsworth Consulting Group (www.stepsworthconsulting.com), with declared offices in New York;

    Reported by the SEC:

    • Tomason Henry Law Offices (www.tomasonhenry.com), with declared offices in Denver (CO);
    • Sullivan Seton Murphy Law Firm (www.sullivansetonmurphylaw.com), with declared offices in Cincinnati (OH);
    • Pinnacle Invest Group Ltd. (www.pinnacleinvest.com), with declared offices in New York;
    • Performance Equity Inc. (www.perfeqinc.com), with declared offices in Wilmington (NC);
    • Orient Acquisitions Group Inc. (www.orientag.com), with declared offices in Los Angeles;
    • North American Securities Transfer (www.stocktransferonline.com), with declared offices in New York;
    • Kenilworth Mergers & Acquisitions Inc (www.kenilworthma.com), with declared offices in Philadelphia;
    • Everett Capital Partners (www.everettcp.com), with declared offices in Boston;
    • Darwin Acquisition Group (www.darwinacg.com), with declared offices in Little Rock (AN);
    • Anderson & Scott LLP (www.andersonscottlaw.com), with declared offices in Chicago;
    • 365Tradeposition (www.365tradeposition.com),with declared offices in Chicago.

    Reported by the SFC:

    • Senta Information ltd;
    • China-Hong Huaxia Fund Asset Management (Hong Kong) Co. Limited;
    • www.yideiwang.cn;
    • SkyCentury Group;
    • 輝煌國際金融有限公司 (Chinese name only);
    • Delta Capital;
    • Ju fu Capital Asset Management Co, Ltd..

    Reported by the BCSC:

    • LM Swiss Direct Ltd, with declared offices in the United Kingdom.

    Reported by the CSSF:

    • Nobel Trade Investments LLC (www.nobeltrade.com), with declared offices in Luxembourg.

    Reported by AMF Quebec:

    • Fake President Fraud.

    Reported by the CNMV:

    • https://toptradepro.com;
    • https://www.profit-trade.com/es/;
    • https://dubaiprofitnow.com/en;
    • http://www.ubcfx.com;
    • https://es.tqrtrade.com/;
    • Next Trade Ltd/Olympus Markets (www.olympusmarkets.com);
    • Lofer Investments, Sl - Lofer Investments, Corp (https://www.loferinvestments.com).

    (in "Consob Informa" no. 23/2019 - 24 June 2019)

  • 17 giu 2019
    Consob warning on

    Empika Enterprise Ltd (www.nasdaq500.com / https://client.nasdaq500.com) - Pmt 247 Ltd (www.pmt247.com) - Tqrtrade (https://it.tqrtade.com) - Cryptocapitalfx (https://it.cryptocapitalfx.com) - Safe Trade Ltd (www.onlytrades.com) - Rsw Investment Group Ltd (Skyway Invest Group o Swig www.skywayinvestgroup.com)

    Pursuant to art. 7-octies, paragraph 1, letter b) of Italian Legislative Decree no. 58/1998 (Consolidated Law on Finance - TUF) the, National Commission for Companies and the Stock Exchange has also ordered the following companies to cease infringement of art. 18 of the TUF:

    The National Commission for Companies and the Stock Exchange has also suspended, as a precautionary measure, within the meaning of Article 99, paragraph 1, letter a) of the TUF, the offer to the Italian public of shares promoted by Rsw Investment Group Ltd (operating under the trade name of Skyway Invest Group or Swig) including through the website www.skywayinvestgroup.com for a period of 10 working days (Resolution n. 20963 of June 12, 2019).

    (Published in "Consob Informa" no. 22/2019 - 17 June 2019)

  • 17 giu 2019
    Warning on

    Wentworth Insurance Brokers Limited - Global Equity Alpha - Bradford and Feldman Consultancy LLC - Lotus Global Investments Management LLP - Murdoch Consulting Group - Derrickson Capital Partners - Clockwork Loans - Mn99 Credit Union - Btg Pactual Investment Bank - World Fxm/WorldFxm - International Securities Limited / Brokers Station - Simple Investments Limited / Simple Investments / UK Standard Investments - Zandex Investment Capital and Finance Ltd / Tier One Capital Ltd - UK Further Trading Co Limited - Youcompareinsurance - Safemarkets / Optimumcommerce OU - Glc Car Insurance - BrookBond Limited / Whitehorse Capital - SMS Crypto Limited - Threepaid Limited - Swift CFD/ Digital Worldwide OU - Olz Wealth Management Ag/Olz Group - Terium Gestium - Secure Life - Strategic Funds - Schwarz Gehard - Lukas Prib - Cryptoexp / O. M. G. Markets Limited - Tasbir Singh - UK Investments - Goodman Logisassure - A Quick Finance / Quick Financial Group and other socities ...

    The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Hong Kong (Securities and Futures Commission – SFC), Spain (Comisión Nacional del Mercado de Valores - CNMV), Austria (Financial Market Autority - FMA), Malta (Malta Financial Services Authority - MFSA) and Belgium (Financial Services and Markets Authority – FSMA) report the companies and websites that are offering investment, financial and insurance services without the required authorisation.

    Reported by the FCA:

    • Wentworth Insurance Brokers Limited (www.wentworthinsurancebroker.co.uk), clone of an authorised company;
    • Global Equity Alpha (www.globalequityalpha.com), clone of an authorised company, with declared offices in London;
    • Bradford and Feldman Consultancy LLC (www.bradfordandfeldman.com), with declared offices in New York;
    • Lotus Global Investments Management LLP (www.lotusglobalinvestments.co.uk), with declared offices in South Africa, clone of an authorised company;
    • Murdoch Consulting Group (www.murdochconsultinggrp.com), with declared offices in New York;
    • Derrickson Capital Partners (www.derricksoncapital.com), with declared offices in New York;
    • Clockwork Loans, clone of an authorised company, with declared offices in London;
    • Mn99 Credit Union (https://mn99.online/index.html), clone of an authorised company, with declared offices in Glasgow (UK);
    • Btg Pactual Investment Bank (www. btgpactualinvestment.com), clone of an authorised company, with declared offices in New York;
    • World Fxm/WorldFxm (https://worldfxm.com), with declared offices in Sofia (Bulgaria).

    The supervisory authority of the United Kingdom (FCA) has also reported the following companies operating without the required authorisations:

    • International Securities Limited / Brokers Station (https://www.brokersstation.com/);
    • Simple Investments Limited / Simple Investments / UK Standard Investments (www.simpleinvestmentsgroup.co.uk; ewww.ukstandardinvestments.co.uk);
    • Zandex Investment Capital and Finance Ltd / Tier One Capital Ltd (www.zandexcf.com), clone of an authorised company;
    • UK Further Trading Co Limited (www.amgcapital.co.uk/ and http://www.furthertrading.co.uk), clone of the authorised company AMG Capital Partners Limited;
    • Youcompareinsurance (youcompareinsurance.co.uk);
    • Safemarkets / Optimumcommerce OU (www.safemarkets.biz);
    • Glc Car Insurance (www.instagram.com/glccarinsurance);
    • BrookBond Limited / Whitehorse Capital ( www.whitehorsefinance.co.uk);
    • SMS Crypto Limited ( www.smscryptomanagement.co.uk);
    • Threepaid Limited (https://threepaid.com);
    • Swift CFD/ Digital Worldwide OU (www.swiftcfd.com);
    • Olz Wealth Management Ag/Olz Group (https://olzgroup.com), clone of the authorised company EEA;
    • Terium Gestium (www.terium-gestion.com), clone of the authorised company Terium LLP;
    • Secure Life, (http://uo.svkpro.com) clone of the authorised company Secure Life Limited;
    • Strategic Funds (www.strategicactivetradingfunds.com; www.strategicfundsuk.com);
    • Schwarz Gehard (https://schwarzgehard.com);
    • Lukas Prib (www.lukasprib.com);
    • Cryptoexp / O. M. G. Markets Limited (https://cryptoexp.com);
    • Tasbir Singh;
    • UK Investments (www.ukinvestments.info);
    • Goodman Logisassure (www.glinvestmentsltd.com), clone of the authorised company Goodman Logisassure (France);
    • A Quick Finance / Quick Financial Group (www.quickfinance.co.uk);
    • E-Prospects Media JLT / Best Loans Direct (www.bestloansdirect.co.uk);
    • SMO Investments Limited t/a The Loan Doctor (www.theloandoctor.co.uk);
    • Easy Cheap Loans (www.easycheaploan.uk);
    • Creditstar UK Limited, clone of the authorised company of the same name;
    • Purple Bridge Services Limited, clone of the authorised company of the same name;
    • Prime Loan (www.primeloan.co.uk);
    • GB Loans, clone of an authorised company,

    Reported by the MFSA:

    • St Publius Malta Limited (https://www.stpublius.com/en);
    • Acatis Investment (www.acatrades.com; https://acatrade.de), clone of the authorised company Acatis Investment Kapitalverwaltungsgesellschaft mbh with offices in Germany.

    Reported by the FSMA:

    • Sheridan Wells Advisors (www.sheridanwellsadvisors.com), with declared offices in Hong Kong ;
    • Proud Market (www.trade.proud-market.com), with declared offices in Switzerland and the United Kingdom;
    • Jonar N Stein (www.jonarstein.com), with declared offices in Hong Kong;
    • Global Alliance Capital www.globalalliancecapital.com (), with declared offices in Tokyo, previously reported by the Dutch supervisory authority AMF;
    • Elizabeth Lenz www.elizabethlenz.com (), with declared offices in Tokyo, previously reported by the Japanese supervisory authority FSA;
    • Elibank Vernon (www.elibank-vernon.com), with declared offices in Singapore;
    • Echler Solomon Feng (www.esfpm.com), with declared offices in Macau;
    • Molineaux-Investment;
    • Swissmain.com /Meridian Banc Ltd ( www.swissmain.com; https://www.swissmain.com);
    • SSS Services (www.sss-services.nl), with declared offices in Amsterdam (Holland);
    • Plus Option (www.PlusOption.com);
    • Omc Markets (www.omcmarkets.com);
    • Markets Cube (www.marketscube.com);
    • Littinvest (www.littinvest.com), with declared offices in Budapest (Hungary);
    • Hope Area (www.hope-area.com), with declared offices in Majuro - Marshall Islands.

    The supervisory authority of Belgium (FSMA) has also reported the following websites offering, without authorisations, investment services related to the wine industry:

    • www.cabinetconseildexpert.com;
    • www.grandscrus-europe.com;
    • www.lgc-wine.com;
    • www.pfm.cabinetconseildexpert.com;
    • www.place-aux-vins.com.

    Reported by the SFC:

    • Zhong Tuo Futures (Hong Kong) Limited;
    • 玖富財富資產管理有限公司, (Chinese name only);
    • www.xgqihuo.com;
    • Mgx100Asia;
    • www.sm-advisors.com;
    • Authority Success International Limited / Fxasi / As International;
    • Bat Financial Management.

    Reported by the FMA:

    • Libra Markets (www.libramarkets.com);
    • www.clarium-capital.com;
    • www.vpmwealth.com;
    • Capital Mnagements (www.capital-managements.net) with declared offices in Vienna and Luxembourg;
    • www.cfc-ltd.com;
    • TopTradePro / Motion Ltd (www.toptradepro.com), with declared offices in the Marshall Islands Marshall.

    Reported by the CNMV:

    • Crypto Genius (www.the-crypto-genius.net);
    • Finaxis (https://finaxis.io);
    • Pattern Trader (www.pattern-trader.net).

    (in "Consob Informa" no. 22/2019 - 17 June 2019)

  • 10 giu 2019
    Consob warning on

    Brown Fox Limited (www.tradesfly.com) - Global ES Ltd e Sonartech OÜ (www.capitalfmi.com) - A Corp Ltd (www.londonfuturemarket.com) - Solar Group Limited (https://solargroup.pro) - Wachsende Werte Gmbh and Co KG e Scryptmining (www.wachsendewerte.at/it)

    Pursuant to art. 7-octies, letter b) of Italian Legislative Decree no. 58 of February 24, 1998 (Consolidated Law on Finance) the, National Commission for Companies and the Stock Exchange has also ordered the following companies to cease infringement of art. 18 of the TUF:

    The National Commission for Companies and the Stock Exchange has also:

    • suspended by way of precaution, pursuant to article 99, paragraph 1, letter a) of the Consolidated Law on Finance, for a period of 10 working days, the share offering to the Italian public promoted by Solar Group Limited via the website https://solargroup.pro (Resolution no. 20953 of June 4, 2019);
    • prohibited, pursuant to article 99, paragraph 1, letter d) of the Consolidated Law on Finance, the public offering of the ‘Werte Wachsende and Scryptmining Project’ implemented by Wachsende Werte Gmbh and Co KG and Scryptmining , including via the website wachsendewerte.at/it, in infringement of article 94 of the same decree (Resolution no. 20954 of June 4, 2019).

    (Published in "Consob Informa" no. 21/2019 - 10 June 2019)

  • 10 giu 2019
    Warning on

    Broad Oak Finance Limited - Icm Capital Limited - Holden & Co - Pbh Invest - Blue Hill Capitals - Margin Bank - TradoSpot OU - Opt Finance - Molly Raam - Fse Global Solutions t/a Milton Park Capital - Lotus Global Investments Management Llp - TurnFx / Turn Fx - Deutsche Bank Ag - 1Plus1 Loans Uk Ltd - Uki/ Forexuki/ Forex UkI - Sanford Capital Group - Platinum Global Associates - 中信之星 - www.bsgfutures.cn - Jade & Kelvin Limited - Duke Valentine Limited - Lextin Capital - Fort Trades - Marco Go Up Holding Limited - OneLife Network Limited - OneCoin Limited - www.acm-patrimoine.com.- BeCoFin Trust - Solu Trade - Max Your Profit - Cmcryptomarket-Melbarmedialtd -Melgreg Services Ou - Bitcoinrobot - 1k-Daily Profit - Trading Waves Fusion - Globalix Ltd - Cryptosoft - Investfxglobal - Investment 4 Future Limted - Bt Ventures Ltd - Capital88 Ltd - Bonatech Ltd - Mitchell Group Eood - Bitcoinoie Finservices Ltd - Elit Property Vision Ltd - Storm Complex Ltd - Storm Complex Ltd

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Hong Kong (Securities and Futures Commission - SFC), Australia (Australian Securities and Investments Commission - ASIC), Luxembourg (Commission de Surveillance du Secteur Financier - CSSF), Liechtenstein (Financial Market Authority) and Spain (Comisión Nacional del Mercado de Valores - CNMV) report the companies and websites offering investment, financial and insurance services without the required authorisation.

    Reported by the FCA:

    • Broad Oak Finance Limited (http://broadoakfinanceltd.com), with declared registered address in London, clone of the authorised company Broad Oak Finance Limited with registered address in the United Kingdom (reference number: 741216);
    • ICM Capital Limited (http://icmcapitaluk.com/; http://telegram.me/icm_support), clone of the authorised company ICM Capital Limited (https://www.icmcapital.co.uk), with registered address in London (reference number: 520965);
    • Holden & Co (www.holdenco.org), with declared registered address in London, clone of the authorised company Holden & Co, with registered address in London (reference number: 103287);
    • PBH Invest (https://pbhinvest.com/), clone of the authorised company Catalysis Capital Partners Limited (https://www.catalysiscapital.com), with registered address in London (reference number: 103287);
    • Blue Hill Capitals, clone of the authorised company Legacy Hill Capital Ltd with registered address in the United Kingdom (reference number: 739399);
    • Margin Bank (http://marginworldwide.com/home.html);
    • TradoSpot OU (https://www.tradospot.com), with declared registered address in Estonia;
    • Opt Finance (https://optfinance.com/, https://optfinance.io), with declared registered address in St Vincent and the Grenadines;
    • Molly Raam (https://www.instagram.com/mollyramm);
    • FSE Global Solutions t/a Milton Park Capital (www.miltonparkcapital.co.uk);
    • Lotus Global Investments Management LLP (www.lotusglobalinvestments.co.uk), clone of the authorised company Generation Investment Management LLP (www.generationim.com), with registered address in London (reference number: 402126);
    • TurnFx / Turn Fx (https://turnfx.com), with declared registered addresses in St Vincent and the Grenadines, London, Cyprus and Estonia;
    • Deutsche Bank AG, clone of the authorised company Deutsche Bank AG (reference number: 150018);
    • 1Plus1 Loans UK Ltd, with declared registered address in Lancashire, clone of the authorised company 1Plus1 Loans Limited (www.1plus1loans.co.uk), with registered address in Lancashire (reference number: 717767);
    • Uki/ Forexuki/ Forex UkI (http://www.forexuki.com/zh-cn), clone of the authorised company UK Insurance Ltd (reference number: 202810);
    • Sanford Capital Group (www.sanfordcapitalgroup.com), with declared registered address in New York, clone of the authorised company Jupiter Asset Management (www.jupiteram.com), with registered address in London (reference number: 141274);
    • Platinum Global Associates (www.platinumglobalasociates.com) with declared registered address in New York.

    Reported by the SFC:

    • 中信之星 (Chinese name only);
    • www.bsgfutures.cn;
    • Jade & Kelvin Limited (www.jadekelvinlimited.com), with declared registered address in Hong Kong;
    • Duke Valentine Limited (www.duke-valentine.com), with declared registered address in Hong Kong;
    • Lextin Capital (www.lextincapital.com), with declared registered address in Hong Kong;
    • Fort Trades (www.fort-trades.com), with declared registered address in Hong Kong;
    • Marco Go Up Holding Limited (www.mguhk.com), with declared registered address in Hong Kong.

    Reported by ASIC:

    • OneLife Network Limited (www.onelife.eu), with declared registered address in Belize;
    • OneCoin Limited (www.onecoin.eu), with declared registered address in Sofia.

    Reported by the CSSF:

    • www.acm-patrimoine.com.

    Reported by the Liechtenstein Financial Market Authority:

    • BeCoFin Trust (https://www.becofinancement.com), clone of an authorised company;
    • Solu Trade (https://solu-trade.com).

    Reported by the CNMV:

    • Max Your Profit (https://max-your-profit.com);
    • Cmcryptomarket-Melbarmedialtd - Melgreg Services Ou (www.cryptopmarket.com);
    • Bitcoinrobot (https://btcrobot.com);
    • 1k-Daily Profit (https://1k-dailyprofit.com; https://es.1k-dailyprofit.com);
    • Trading Waves Fusion (https://tradingwavesfusion.com);
    • Globalix Ltd (globalix.com);
    • Cryptosoft (https://cryptosoft.global);
    • Investfxglobal (www.investfxglobal.com);
    • Investment 4 Future Limted (www.tradesfx.com);
    • BT Ventures Ltd - Capital88 Ltd (www.capital88.com);
    • Bonatech Ltd - Mitchell Group Eood (www.ccxcrypto.com);
    • Bitcoinoie Finservices Ltd - Elit Property Vision Ltd (www.bitcoinoie.com);
    • Storm Complex Ltd (www.xcoinbroker.com);
    • Storm Complex Ltd (jbcapitals.com).

    (in "Consob Informa" no. 21/2019 - 10 June 2019)

  • 03 giu 2019
    Consob warning on

    PayPeq Holdings OÜ - Takeda Partners LTD - BancDeMonarch Limited - Lancelot Equity Ltd - Liracoin – DAMO (https://liracoin.club/ - www.liracoin.com - www.licex.io) - Tessline Limited (www.tessline.com)

    Pursuant to art. 7-octies, letter b) of Italian Legislative Decree no. 58/1998 (Consolidated Law on Finance - TUF) the, National Commission for Companies and the Stock Exchange has also ordered the following companies to cease infringement of art. 18 of the TUF:

    • PayPeq Holdings OÜ, through the website www.royaltrade.fm (Resolution no. 20947 of May 29, 2019);

    • Takeda Partners LTD and BancDeMonarch Limited, through the website www.bancdm.io (Resolution no. 20946 of May 29, 2019);

    • Lancelot Equity Ltd, through the websites https://gocapitalfx.com and https://gocapital123.com (Resolution no. 20945 of May 29, 2019);

    The National Commission for Companies and the Stock Exchange has also:

    - Suspended, for a period of 90 days, pursuant to Article 99, paragraph 1, letter b), of the TUF, the public offering of "Liracoin" promoted by "Liracoin - DAMO", including through the websites https://liracoin.club/, www.liracoin.com and www.licex.io (Resolution no. 20944 of May 29, 2019);

    - Suspended, for a period of 90 days, pursuant to Article 99, paragraph 1( b) of the TUF, the public offering of "investment plans" promoted by the company Tessline Limited, including through the website www.tessline.com (Resolution no. 20948 of May 29, 2019).

    (Published in "Consob Informa" no. 20/2019 - 03 June 2019)

  • 03 giu 2019
    Warning on

    Capital Tech Limited t/a/ PBN Capital - World Fxm/WorldFxm - Treasury Consulting Group - Stanford Capital Markets - ongkong Junshen Tianhung International Group - 融慧通 / 融慧通融資融券 / 融通國際;(香港) - Emirates Global Investment - www.afs-fund.lu - Global World Exchangers Sl - www.marketgbp.com - NatanRo Slu - www.leitnerhans.com - Bealgo (Bax Ltd) - www.thomasmarkgraf.com - Credit Solutions/ Credito Soluciones

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Hong Kong (Securities and Futures Commission - SFC), Luxembourg (Commision de Surveillance du Secteur Financier - CSSF), Spain (Comisión Nacional del Mercado de Valores - CNMV) and Austria (Financial Market Authority - FMA) report the companies and websites offering investment, financial and insurance services without the required authorisation.

    Reported by the FCA:

    • Capital Tech Limited t/a/ PBN Capital (http://pbncapital.com), with declared offices in the Marshall Islands;

    • World Fxm/WorldFxm (https://worldfxm.com), with declared offices in the Marshall Islands;

    • Treasury Consulting Group (www.treasuryconsultinggroup.com);

    • Stanford Capital Markets (www.stanfordcapitalmarkets.com), with declared offices in Switzerland.

    Reported by the SFC:

    • Hongkong Junshen Tianhung International Group;

    • 融慧通 / 融慧通融資融券 / 融通國際(香港) (Chinese name only).

    Reported by the CSSF:

    • Emirates Global Investment (www.emirglobalinv.com);

    • www.afs-fund.lu which is not in any way related to the specialised investment fund under Luxembourg law Afs Fund, authorised in Luxembourg.

    Reported by the CNMV:

    • Global World Exchangers Sl (https://mize.network).

    • Www.marketgbp.com, clone of the authorised company Safecap Investments Limited with offices in Cyprus(Reference number: 2381 and website www.markets.com);

    • NatanRo Slu (https://natanro.com).

    Reported by the FMA:

    • www.leitnerhans.com;

    • Bealgo (Bax Ltd) (www.bealgo.com ), with declared offices in Bulgaria;

    • www.thomasmarkgraf.com;

    • Credit Solutions/ Credito Soluciones (www.creditosoluciones.com), with declared offices in France.

    (in "Consob Informa" no. 20/2019 - 03 June 2019)

  • 27 mag 2019
    Consob warning on

    Codexfx Ltd (codexfx.com) - Goldman 24 Limited (gmfx24.com) - TradeGL Limited (www.tradegl.com)

    Pursuant to art. 7-octies, letter b) of Italian Legislative Decree no. 58/1998 (Consolidated Law on Finance - TUF) the, National Commission for Companies and the Stock Exchange has also ordered the following companies to cease infringement of art. 18 of the TUF:

    (Published in "Consob Informa" no. 19/2019 - 27 May 2019)

  • 27 mag 2019
    Warning on

    Insure4Life - 10 Capital / 10-Capital - Platinum Global Associates - Axa Investment Managers Uk Limited / Axa Im Asset Management - Purse International - J.P. Morgan Chase & Co. - Thomas Markgraf - Loanski Finance Limited - China Hong Kong Asset Management Holdings Limited - Pearl Asia Holdings Limited - Greenwich Asia - www.ab-ht.com - www.xgqihuo.comv - Jarvinia Holdings Ltd - Charles van Deursen - Pay Secure Online Ltd - Secure trading Financial Services Limited - KontoFX - http://aqa.capital - Terabanq - BlackStreamMarkets - Bitcoin Revolution - Borneo Trading Group - Fxlatam - Wellington-Management - Almagest Group - C.D.A. Invest S.A - Ifx Option - Hispa Markets Ltd / 1000 Extra Ltd - Allmedia Ltd - Buy & Sell Trading Investment Ltd Bosti / Bosmarkets - Webnet Ltd - 4Cm Network, Srl - Hillsboro Group, Ltd - Rockcreek Media, Ltd - Sucaba Enterprise, Ltd

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Hong Kong (Securities and Futures Commission - SFC), Malta (Malta Financial Services Authority - MFSA), Panama (Superintendencia del Mercado de Valores - SMV), Luxembourg (Commision de Surveillance du Secteur Financier - CSSF) and Spain (Comisión Nacional del Mercado de Valores - CNMV) report the companies and websites offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • Insure4Life (https://insure4life.de), with declared offices in Germany, clone of the authorised company Insure4Sport (Ripe Insurance Services Limited), with its offices in Manchester (https://insure4sport.co.uk) Reference number: 313411;
    • 10 Capital/ 10-Capital (www.10-capital.com);
    • Platinum Global Associates (www.platinumglobalassociates.com), with declared offices in New York;
    • Axa Investment Managers UK Limited/ Axa Im Asset Management (www.axa.im.ie.com), clone of the authorised company Axa Investments Managers Uk Ltd (www.axa-im.co.uk), with offices in London (Reference number: 119368);
    • Purse International (www.prsfxd.com), with declared offices in Hong Kong, clone of the authorised company FxPro Uk Limited (www.fxpro.co.uk), with offices in London (Reference number: 509956);
    • P. Morgan Chase & Co., clone of the authorised company JP Morgan Chase Bank (www.jpmorganchase.com), with offices in London (reference number: 124491);
    • Thomas Markgraf (www.thomasmarkgraf.com), with declared offices in London and Austria;
    • Loanski Finance Limited, with declared offices in London, clone of the authorised company Zr Finance Ltd (www.loanski.co.uk), with offices in the United Kingdom (Reference number:810428).

    Reported by the SFC:

    • China Hong Kong Asset Management Holdings Limited;
    • Pearl Asia Holdings Limited;
    • Greenwich Asia;
    • ab-ht.com;
    • xgqihuo.comv;
    • Jarvinia Holdings Ltd;
    • Charles van Deursen.

    Reported by the MFSA:

    • Pay Secure Online Ltd ("Paysec") with declared offices in Malta (www.paysec.com);
    • Secure Trading Financial Services Limited;
    • KontoFX (www.kontofx.com);
    • http://aqa.capital, clone of the authorised company AqA Capital Ltd (Reference number: 70143), with offices in Malta;
    • Terabanq;
    • BlackStreamMarkets (https://blackstreammarkets.com);
    • Bitcoin Revolution.

    Reported by the SMV:

    • Borneo Trading Group (http://bortrgroup.com), with declared offices in Panama;
    • Fxlatam (https://www.fxlatam.com).

    Reported by the CSSF:

    • Wellington- Management (www.wellington-management.org), clone of the authorised company Wellington Management Group;
    • Almagest Group (www.almagestgroup.com), clone of the authorised company Almagest Wealth Management S.A.;
    • D.A Invest S.A (www.cdainvest.com).

    Reported by the CNMV:

    • Ifx Option (www.ifxoption.com);
    • Hispa Markets Ltd /1000 Extra Ltd (http://hispamarkets.com);
    • Allmedia Ltd (www.gallantfinance.com);
    • Buy & Sell Trading Investment Ltd Bosti / Bosmarkets (https://bosmarkets.com);
    • Webnet Ltd – 4Cm Network, Srl (www.2dots.com);
    • Hillsboro Group, Ltd - Rockcreek Media, Ltd -Sucaba Enterprise, Ltd (www.ptbanc.com).

    (in "Consob Informa" no. 19/2019 - 27 May 2019)

  • 13 mag 2019
    Consob warning on

    GoldFxTrading (Gft) (https://goldfxtrading.com, https://web.goldfxtrading.com) - Partner Communication Ltd (mycrypto-invest.com) - Angelo Scaffeo (Consob Europe Spa, Real Profit Consult Eood) - Forgues Gestion Sas (www.europeancryptobank.io)

    Pursuant to art. 7-octies, letter b) of Italian Legislative Decree no. 58/1998 (Consolidated Law on Finance - TUF) the, National Commission for Companies and the Stock Exchange has also ordered the following companies to cease infringement of art. 18 of the TUF:

    * * *

    The National Commission for Companies and the Stock Exchange also reports that Mr Angelo Scaffeo, born in Battipaglia on January 3, 1992, who claims to be "representative consultant" of the non-existent society "Consob Europe Spa" and the company Real Profit Consult Eood, with offices in Bulgaria attributable to the same, are not authorised to provide investment services in Italy by any means.

    * * *

    Pursuant to Article 99, paragraph 1, letter b), of the TUF, the National Commission for Companies and the Stock exchange has also suspended, for a period of 90 days, the offer to the public of "Token ECB I" and TokenECB S" promoted by the company Forgues Gestion Sas , including through the website www.europeancryptobank.io (Resolution n. 20929 of May 8, 2019).

    (Published in "Consob Informa" no. 17/2019 - 13 May 2019)

  • 13 mag 2019
    Warning on

    Loanski Finance Limited - Aqa Capital Partners - Altium Patrimoine - Dawson Roberts Advisors Llc - Walton Securities Llc - Akari Ventures (Japan) - Five Winds Asset Management - Go T limited (GoTechFx) - BitcoinCode - AlgoTechs - www.schwarzgehard.com - www.brucknerf.com - Fremont Capital - www.oliverantonlintner.com - HB Global - Luxembourg Offshore Banking - Macro Projects Ltd - Latamfx/Latam Global Markets Inc - Markets Broker - Marquetcapital/Golden Axe Capital Limited - Maximarkets/Maxi Services Ltd - M Broker/M-Broker Management Limited - Latin American Advisers Group - Metodología Española - Empika Enterprise Ltd - Profxcapital/Proforexcapital - Herdos - Eper Holdings Ltd/Bonvita Partners Ou - Global Derivative Capital Markets Nz Ltd/Gdmfx - The Ethereum Code - FxLatam - Ami Group Ltd - Octopus 98 Ltd - Get Financial Ltd - Forex Chief Ltd - FlexiOptions - RedBnOptions - NxTradingOptions - Fgs Markets - DomainMatch Ltd - Trade Up Ltd - Clarion Enterprises Sa - Dubai Fxm Limited - Brokerz Ltd - All Media Eood - Grand Marshall Ltd

    The supervisory authorities of the United Kingdom (Financial Conduct Authority- FCA), Ireland (Central Bank of Ireland), Austria (Financial Market Authority - FMA), British Columbia (British Columbia Securities Commission - BCSC), Spain (Comisión Nacional del Mercado de Valores - CNMV) and Poland (Polish Financial Supervision Authority - KNF), report the companies and websites offering investment, financial and insurance services without the required authorisation.

    Reported by the FCA:

    • Loanski Finance Limited, with declared offices in London, Manchester and Birmingham, clone of the authorised company Zr Finance Ltd/Quint Group Limited (www.loanski.co.uk), with offices in the United Kingdom (reference number: 810428);
    • Aqa Capital Partners (http://aqa.capital), with declared offices in Malta, clone of the authorised company Aqa Capital Ltd (www.aqa-capital.com), with offices in Malta (reference number: 823071);
    • Altium Patrimoine (https://altium-patrimoine.com), with declared offices in London, Manchester, New York, Tokyo, Germany and India, clone of the authorised company GCA Altium Ltd (https://gcaaltium.com), with offices in London and Manchester (reference number: 116310);
    • Dawson Roberts Advisors Llc (www.dawsonrobertsadvisors.com) with declared offices in New York;
    • Walton Securities Llc (www.waltonsecuritiesllc.com), with declared offices in New York.

    Reported by the Central Bank of Ireland:

    • Akari Ventures (Japan) - https://akarivent.com.

    Reported by the FMA:

    • Five Winds Asset Management (www.fivewindsam.com);
    • Go T limited (GoTechFx) (https://gotechfx.com/de)with declared offices in the Marshall Islands;
    • BitcoinCode (www.thebitcoinscode.com);
    • AlgoTechs (www.algotechs.com), with declared offices in London and Manchester;
    • www.schwarzgehard.com;
    • www.brucknerf.com;
    • Fremont Capital (www.capfremont.com);
    • www.oliverantonlintner.com.

    Reported by the BCSC:

    • HB Global.

    Reported by the CNMV:

    • Luxembourg Offshore Banking (https://lux-inter.com);
    • Macro Projects Ltd (https://www.megatradefx.com);
    • Latamfx/Latam Global Markets Inc (www.latam-fx.com);
    • Markets Broker (www.marketsbroker.com);
    • Marquetcapital/Golden Axe Capital Limited (www.marquetcapital.com);
    • Maximarkets/Maxi Services Ltd (www.maximarkets.org);
    • M Broker/M-Broker Management Limited (www.mbroker.trade);
    • Latin American Advisers Group (www.laadvisersgroup.com);
    • Metodología Española (http://metodologia-espanola.com/);
    • Empika Enterprise Ltd (https://nasdaq500.com);
    • Profxcapital/Proforexcapital (www.proforexcapital.group);
    • Herdos (www.herdos.com);
    • Eper Holdings Ltd/Bonvita Partners Ou (http://wandafx.com/);
    • Global Derivative Capital Markets Nz Ltd/Gdmfx (www.gdmfx.com);
    • The Ethereum Code (https://the-ethereumcodes.com);
    • FxLatam - Ami Group Ltd -Octopus 98 Ltd- Get Financial Ltd (www.fxlatam.com);
    • Forex Chief Ltd (www.forexchief.com);
    • FlexiOptions – RedBnOptions –NxTradingOptions (http://flexioptions.com);
    • Fgs Markets - DomainMatch Ltd - Trade Up Ltd - Clarion Enterprises Sa (www.fgsmarkets.com);
    • Dubai Fxm Limited (www.dubaifxm.trade; www.dubaifxm24.com);
    • Brokerz Ltd - All Media Eood (www.brokerz.com).

    Reported by the KNF:

    • Grand Marshall Ltd.

    (in "Consob Informa" no. 17/2019 - 13 May 2019)

  • 13 mag 2019
    Warning on

    Zai/Zai Finance - Tenecom Ltd - Provident Consultants Ltd - Blanc and Beaufort Brokerage - Taylor Maison Capital Group - Webnet Ltd - 4Com Network, Srl - Hillsborogroup Ltd - Rockcreekmedia Ltd - Sucaba Enterprise Ltd - Btm Global Investment

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Germany (Federal Financial Supervisory Authority – BaFin), Spain (Comisión Nacional del Mercado de Valores - CNMV) and British Columbia (British Columbia Securities Commission - BCSC) report the companies and websites offering investment, financial and insurance services without the required authorisations.

    Reported by the FCA:

    • Zai/Zai Finance (www.zai-finance.com), clone of the authorised company Zais Group (UK) Ltd, with offices in London (reference number): 622809);
    • Tenecom Ltd (http://tenecomins.com), with declared offices in London, clone of the authorised company Tenecom Limited, with offices in London (reference number: 202817);
    • Provident Consultants Ltd (www.providentbond.co.uk), with declared offices in London;
    • Blanc and Beaufort Brokerage (www.blancandbeaufort.com), with declared offices in London, clone of the authorised company B&B Brokerage, with offices in France (reference number: 745863);
    • Taylor Maison Capital Group (www.taylormaison.com), with declared offices in New York

    Reported by the CNMV:

    • Webnet Ltd - 4Com Network, Srl (www.2dots.com);
    • Hillsborogroup Ltd - Rockcreekmedia Ltd - Sucaba Enterprise Ltd (www.ptbanc.com).

    Reported by the BCSC:

    • Btm Global Investment.

    The German supervisory authority BaFin indicates that the website https://acatrade.de offers investment services from an unauthorised company illegally using the identity of the authorised company Acatis Investment Kapitalverwaltungsgesellschaft Mbh.

    (in "Consob Informa" no. 18/2019 - 20 May 2019)

  • 06 mag 2019
    Consob warning on

    West Media Group Limited - Pro Technologies Ltd (https://24btcmarkets.com) - Silver Wolf Limited (www.ecnpremium.com) - Nostro Technology Ou (ora Euro Wealth Ou) (www.client.10brokers.com) - Cmp 24 Ltd (www.cmp24.com) - Bitcoin Revolution (https://www.bitcoin-revolution.eu) - BitCoin Code (https://bitcoin-code.eu) - The Bitcoin Code (http://it.thebitcoinscodes.com) - CryptoKartal (https://cryptokartal.com)

    Pursuant to art. 7- octies, letter b) of Italian Legislative Decree no. 58/1998 (Consolidated Law on Finance), the National Commission for Companies and the Stock Exchange has also ordered the following companies to cease the infringement of art. 18 of the TUF:

    • West Media Group Limited - Pro Technologies Ltd via the website https://24btcmarkets.com (Resolution no. 20914 of May 2, 2019);
    • Silver Wolf Limited through the website www.encpremium.com (Resolution no. 20913 of May 2, 2019);
    • Our Technology OU (now Euro Wealth OU) via the website www.client.10brokers.com (Resolution no. 20912 of May 2, 2019);
    • CMP 24 Ltd via the website www.cmp24.com (Resolution no. 20911 of May 2, 2019);
    • Bitcoin Revolution via the website https://www.bitcoin-revolution.eu (Resolution no. 20908 of May 2, 2019);
    • BitCoin Code through the website https://bitcoin-code.eu (Resolution no. 20909 of May 2, 2019);
    • The Bitcoin Code via the web page http://it.thebitcoinscodes.com/?TrackingID=769&ClickID=1024e37479bbedf8bc7def95e88c2d&SubCampaignID=1160 (Resolution no. 20910 of May 2, 2019);
    • CryptoKartal via the website https://cryptokartal.com (Resolution no. 20907 of May 2, 2019).

    (Published in "Consob Informa" no. 16/2019 - 6 May 2019)

  • 06 mag 2019
    Warning on

    Pv Merger Group - Tech Support Services - Blackwell Asset Management - Florence Garret - Spectra FX Investments Team - www.facebook.com/797007090643501 - Swiss Life International - Adm Securities - AlgoTradingSoft Broker Limited/AlgoTradingSoft Global - Tradepro Capitals Limited - Accent Markets Group Inc - Aragon Loans - Loans4Unemployed - Thomas Markgraf - Aria Hope / Hope Area - Oncripto - New Digital Bits XXI, Sa - Capital 245 - Elit Property Vsion Ltd - https://vip-platform.market - Eurtrades -Silver Wolf Ltd - Broker Yard -Techofin Ltd - Uprofx - Emporio Trading Ltd - Borneo Trading Group - http://socialforex.es - Dividendcare Ltd - Bitfxmarket Ltd - Bitfxmarket Ltd - Blackstone Capital Ltd - Cryptoeu - Columbia Capital Group Ltd - https://cryptocapitalfx.com; Poloinvest Ltd - Turboforex - Tf Trading Ltd - El Rastreador Financiero Sl - Sagestnova Sl - Westwoodofe - Elit Property Vision Ltd - https://ethtrade.club, http://ethtrade.online Spotxbt -Az Technology - World Tradex - and other societies

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Spain (Comisión Nacional del Mercado de Valores - CNMV), France (Autorité des Marchés Financiers - AMF), Austria (Financial Market Authority - FMA), Poland (Financial Supervision Authority - KNF), Hong Kong (Securities and Futures Commission - SFC , Brazil (Comissão de Valores Mobiliários - CVM) and Nigeria (Securities and Exchange Commission) report the companies and websites that are offering investment, financial and insurance services without the required authorisation.

    Reported by the FCA:

    • PV Merger Group (www.pvmerge.com), with declared registered address in Seattle (USA);
    • Tech Support Services (www.tss4you.net), with declared registered address in London;
    • Blackwell Asset Management (www.blackwell-asset-management.com), with declared registered address in Zurich;
    • Florence Garret (www.florencegarret.co.uk, www.florencegarret.com), Garret (www.florencegarret.co.uk, www.florencegarret.com), with declared registered address in London, clone of the authorised company Florence Garret, with registered address in Luxembourg (reference number: 517538);
    • Spectra FX Investments Team (https://spectra-x.com;www.instagram.com/fxspectra/;
    • www.facebook.com/797007090643501) with declared registered address in the United Kingdom, clone of the authorised company Spectra FX Solutions LLP, with registered address in London (reference number: 521446);
    • Swiss Life International (www.swisslife-international.com; swiss-life-international.com), clone of the authorised company Swiss Life (Luxembourg) SA (reference number: 203213);
    • ADM Securities, clone of the authorised company ADM Investor Services International Limited (www.admisi.com), reference number: 148474;
    • AlgoTradingSoft Broker Limited/AlgoTradingSoft Global (https://algotradingsoft.com);
    • Tradepro Capitals Limited (www.tradeprocapitals.com), with declared registered address in the United Kingdom;
    • Accent Markets Group Inc (http://accentforex.com);
    • Aragon Loans (www.aragonloans.info), clone of the company Aragon Finance Limited, reference number: 08682281;
    • Loans4Unemployed (www.loans4unemployed.co.uk);
    • Thomas Markgraf (www.thomasmarkgraf.com), with declared registered addresses in London and Austria;
    • Aria Hope/Hope Area (www.hopearea.com), with declared registered address in the Marshall Islands.

    Reported by the CNMV:

    • Oncripto - New Digital Bits XXI, SA (https://oncripto.com);
    • Capital 245 - Elit Property Vision Ltd (www.capital245.com);
    • https://vip-platform.market;
    • Eurtrades - Silver Wolf Ltd (www.eurtrades.com);
    • Yard Broker - Techofin Ltd (www.brokeryard.com);
    • Uprofx (https://uprofx.com);
    • Emporio Trading Ltd (https://emporiotrading.com);
    • Borneo Trading Group (http://bortrgroup.com);
    • http://socialforex.es;
    • Dividendcare Ltd (https://dividendcare.com);
    • Bitfxmarket Ltd (https://bitfxmarket.com);
    • Bitfxmarket Ltd (https://bitcoinfxoption.com);
    • Blackstone Capital Ltd (www.pepperdyne.com);
    • Cryptoeu - Columbia Capital Group Ltd (https://cryptoeu.co);
    • https://cryptocapitalfx.com;
    • Poloinvest Ltd (https://poloinvest.com; https://poloinvest.group);
    • Turboforex - TF Trading Ltd (https://turboforex.com);
    • El Rastreador Financiero Sl (http://rastreadorfinanciero.com);
    • Sagestnova Sl (www.tulcap.com; www.sagestnova.com);
    • Westwoodofe - Elit Property Vision Ltd (https://westwoodofe.com);
    • https://ethtrade.club, http://ethtrade.online;
    • Spotxbt - AZ Technology (https://spotXBT.com);
    • World Tradex (https://world-tradex-brokers.com);
    • Matching Blue Consulting Sl (www.goldenmrks.com, www.goldenmarkets.com);
    • Trade GF - Get Financial Ltd (https://tradeGF.com).

    Reported by the AMF:

    • www.lascpi.fr ;
    • www.scpi-gouv.fr ;
    • Kuvera LLC/Kuvera France .

    Reported by the FMA:

    • 'Stella Markets' Goldstone Group Ltd (http://stellamarkets.com), with declared registered address in St Vincent and the Grenadines;
    • Cfds100 LTD, Markets Xl, Cclr Solutions Limited ("Cfds100"), with declared registered address in London (www.cfds100.com);
    • www.securetrading-services.com, with declared registered addresses in Paris, Luxembourg and London;
    • TradeToro ( https://tradetoro.com/de);
    • EZCryptoplace (www.ezcryptoplace.com).

    Reported by the KNF:

    • Supreme Sp. z o.o.;
    • Smart Money Network;
    • Piotr Sałata;
    • Magdalena Sałata Beauty & Spa;
    • Level Up Finance Sp. z o.o.;
    • Jhg Group Sp. z oo Sp. k.;
    • Get-Z Edyta Torkandam-Zdziebiorska;
    • Investment Sp. z o.o.;
    • Dkbr Daniel Lecko;
    • Chmielewski Investments Sp. z o.o.;
    • C&A Kapitał Sp. z o.o.;
    • Gerda Broker Sp. z o.o.;
    • Rud i Batory Kancelaria Finansowa s.c..

    Reported by the SFC:

    • Golden Grand Global Holding Ltd;
    • Kingsman Global Limited / Lexal Limited;
    • CFX / Huanying International Limited;
    • www.yif-hk.com;
    • www.p9967.com;
    • www.qihuo852.com;
    • Asia Associates;
    • www.grtuex.com;
    • Tao Feng Associates;
    • Ridgestone Financial;
    • Boll International / Top Capital Partners Limited (TCPL);
    • Hongkong Golden Global Trading Investment Co., Limited;
    • I Am Holdings Limited / I'm Pro;

    Reported by the CVM:

    • Stakeshop Pty Ltd (https://global.hellostake.com/br);
    • Smartex International Ltd (Olymp Trade) www.olymptrade.com;
    • Avenue Securities LLC (www.avenue.us.);

    Reported by the Securities and Exchange Commission of Nigeria:

    • Dantata Success and Profitable Company.

    * * *

    The French supervisory authority (AMF) has also updated the list of websites that offer atypical investment services without authorisation. The full list is published on the AMF website, at the following address: http://www.amf-france.org.

    (in "Consob Informa" no. 16/2019 - 6 May 2019)

  • 23 apr 2019
    Consob warning on

    Illegally use of identifying elements identical or similar to those of companies actually authorised as well as the name of Consob and other supervisory authorities

    The National Commission for Companies and the Stock Exchange reports that it has detected a significant increase of reports relating to "investment companies" stating that they are authorised to operate by CONSOB itself or by other supervisory authorities of EU countries. These subjects illegally use, even on their own websites, identifying elements (company, brand, name or corporate name, headquarters, addresses, web and/or e-mail addresses, etc.) that are identical or similar to those of companies actually authorised and, sometimes, also refer to "licenses", whether valid or expired, issued by supervisory authorities to different subjects. By so doing, these subjects present themselves to potential customers as being authorised, often offering highly profitable investments in an underhand way.

    Considered that the initiatives undertaken by the so-called "clone" websites and/or companies might conceal deceptive operations aimed at taking possession of any money conferred, CONSOB invites investors to carefully consult the lists of investment firms actually authorised to operate in Italy (http://www.consob.it/web/area-pubblica/imprese-di-investimento1) as well as the investor protection warnings (http://www.consob.it/web/area-pubblica/avvisi-ai-risparmiatori) and, in any event, to be very careful before making investment decisions.

    * * *

    The National Commission for Companies and the Stock Exchange has ordered, pursuant to article 7-octies, letter b) of the Consolidated Law on Finance (TUF), the following companies to cease infringement of article 18 of the TUF: octies, lettera b), del Testo unico della finanza - Tuf di porre termine alla violazione dell’articolo 18 del Tuf, posta in essere da:

    • Swissinv24 Ltd through the website https://swissinv24.com (Resolution no. 20903 of April 18, 2019);
    • Index Limited through the website https://4xpremium.com (Resolution no. 20902 of April 18, 2019);
    • Agm Limited / Agm Group Ltd through the website www.agm-invest.com (Resolution no. 20899 of April 18, 2019);
    • Gmt Crypto (through the websites www.gmtcrypto.ch and https://gmt-crypto.com (Resolution no. 20898 of April 18, 2019);
    • Iwc Invest through the website www.iwcinvestment.com (Resolution no. 20897 of April 18, 2019).

    * * *

    The National Commission for Companies and the Stock Exchange has also suspended, for a period of 90 days, pursuant to Article 99, paragraph 1, letter b), of the TUF, the offering to the Italian public entitled "FutureAdPro" related to the purchase of advertising packages, put in place by B C U Trading LLC through the website www.futurenet.club and the specific page https://www.futurenet-club.com/italiano/futurenet-futurenetadpro/ (Resolution no. 20901 of April 18, 2019).

    * * *

    Finally, the National Commission for Companies and the Stock Exchange has prohibited, pursuant to Article 99, paragraph 1, letter d) of the TUF, the public offering of "Polis advertising packages " promoted by Amicopolis Limited (Resolution no. 20900 of April 18, 2019). With resolution no. 20783 the Commission had already suspended the offer to the Italian public concerning these products for a period of ninety days.

    (Published in "Consob Informa" no. 15/2019 - 23 April 2019)

  • 15 apr 2019
    Consob warning on

    Joshua Development LTD - Joshua Partners Eood (capmbit.co - https://capitalmarketsbanc.co) - Silver Wolf Limited (www.marketspremium.com) - TradoSpot OU (www.tradospot.com)

    Pursuant to art. 7- octies, letter b) of Italian Legislative Decree no. 58/1998 (Consolidated Law on Finance), the National Commission for Companies and the Stock Exchange has also ordered the following companies to cease the infringement of art. 18 of the TUF:

    • Joshua Development LTD and Joshua Partners Eood via the websites www.capmbit.co and https://capitalmarketsbanc.co (Resolution no. 20888 of April 10, 2019);

    • Silver Wolf Limited through the website www.marketspremium.com (Resolution no. 28890 of April 10, 2019);

    • TradoSpot OU via the website Resolution no. 20889 of April 10, 2019).

    (Published in "Consob Informa" no. 14/2019 - 15 April 2019)

  • 15 apr 2019
    Warning on

    Tech Support Services - Blackwell Asset Management - TradePro Capitals Limited - Algo Trading Soft Broker Limited - Adm Securities - Swiss Life International - Spectra FX Investments - Florence Garret - Acatis Investment - EZCryptoplace - TradeToro - www.securetrading-services.com - CfdS100 LTD, Markets XL, Cclr Solutions Limited ("Cfds100") - Stella Markets Goldstone Group Ltd - Innovative Loans - Forte Capital Mergers and Acquisitions - https://adava.capital.eu - Amf list of websites offering investments without the required authorisations

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Portugal (Portoguese Securities Commission - CMVM), Austria (Financial Market Authority - FMA) and Luxembourg (Commision de Surveillance du Secteur Financier - CSSf) report the companies and websites that are offering investment, financial and insurance services without the required authorisation.

    Reported by the FCA:

    • Tech Support Services (www.tss4you.net), with declared registered address in London;
    • Blackwell Asset Management (www.blackwell-asset-management.com), with declared registered address in Zurich;
    • TradePro Capitals Limited (www.tradeprocapitals.com), with declared registered address in the United Kingdom;
    • Algo Trading Soft Broker Limited (https://algotradingsoft.com);
    • ADM Securities, clone of the authorised company ADM Investor Services International Limited (www.admisi.com), with registered address in London (reference number: 148474);
    • Swiss Life International (www.swisslife-international.com; swiss-life-international.com), clone of the authorised company Swiss Life (Luxembourg) SA (Reference Number: 203213);
    • Spectra FX Investments (https://spectra-fx.com), with declared registered address in the United Kingdom, clone of the authorised company Spectra FX Solutions LLP (www.admisi.com), with registered address in London (reference number: 521446);
    • Florence Garret (www.florencegarret.co.uk, www.florencegarret.com), with declared registered address in London, clone of the authorised company Florence Garret, with registered address in Luxembourg (reference number: 51753).

    Reported by the CMVM:

    • Acatis Investment.

    Reported by the FMA:

    • EZCryptoplace (www.ezcryptoplace.com);
    • TradeToro (https://tradetoro.com/de);
    • www.securetrading-services.com;
    • CfdS100 LTD, Markets XL, CCLR Solutions Limited ('Cfds100'), with declared registered address in London (www.cfds100.com);
    • Stella Markets Goldstone Group Ltd (http://stellamarkets.com), with declared registered address in St. Vincent and the Grenadines;
    • Innovative Loans (www.innovativeloans.co.uk), with declared registered address in London;
    • Forte Capital Mergers and Acquisitions (www.fortecapitalma.com), with declared registered address in Boston.

    Reported by the CSSF:

    • https://adava.capital.eu

    The French supervisory authority (Autorité des Marchés Financiers - AMF) has updated the ist of websites that offer investment services without the required authorisation. The full list is published on the AMF website, at the following address: http://www.amf-france.org.

    (in "Consob Informa" no. 14/2019 - 15 April 2019)

  • 08 apr 2019
    Consob warning on

    Packages/programmes called "Soluzioni x rendite automatiche" (www.carsana-management.com) - pagina facebook "Easy-Trade" (https://www.facebook.com/Easy-Trade-117285715609581 - Eper Holdings Ltd - Bonvita Partners Ou (https://wandafx.com) - Esos International Ltd e Kadeky International Sro (www.ainvestments.com - www.lp.ainvestments.com) - Capital Tech Ltd e Pbox Ltd (pbntrade.com e www.pbnmarkets.com)

    The National Commission for Companies and the Stock Exchange has suspended, for a period of 90 days, pursuant to Article 99, paragraph 1, letter b), of the Legislative Decree n. 58/1998 ("Consolidated Law on Finance" - TUF), the offer to the Italian public of investment packages/programmes called "Soluzioni x rendite automatiche" (solutions for automatic annuities) promoted on the website www.carsana-management.com and has ordered, within the meaning of Article 7-g, letter b), of the TUF, to cease thr infringement of Article 18 of the TUF consisting in the offering and conduct in respect of the Italian public of investment services and activities put in place through the Facebook page "Easy-Trade https://www.facebook.com/Easy-Trade-117285715609581" (Resolutions Nos 20878 and 20879 of April 3, 2019).

    Pursuant to art. 7- octies, letter b) of Italian Legislative Decree no. 58/1998 (Consolidated Law on Finance), the National Commission for Companies and the Stock Exchange has also ordered the following companies to cease the infringement of art. 18 of the TUF:

    • Efor Holdings Ltd and Bonvita Partners Ou, through the website https://wandafx.com (Resolution no. 20882 of April 3, 2019);
    • Esos International Ltd and Kadeky International Sro through the website www.ainvestments.com and the web page www.lp.ainvestments.com (Resolution no. 20881 of April 3, 2019);
    • Capital Tech Ltd and Pbox Ltd through the websites www.pbntrade.com and www.pbnmarkets.com (Resolution no. 20880 of April 3, 2019).

    (Published in "Consob Informa" no. 13/2019 - 8 April 2019)

  • 08 apr 2019
    Warning on

    Stonehouse Consulting Group - Mt Capital - Bellsouth Capital Partners - Execs Financial Service(s), Efs, Execs Lending Firm - Grf Europe Ou/Bock Intl Ltd - Mil Xtra Ltd - Millennium Acquisition Partners, Llc - Mira Capital Markets Ltd - Mira Markets Ltd. / My Trade Mm - Latinasoft Sa - Moreno, Rey and Partners

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Spain (Comisión Nacional del Mercado de Valores - CNMV), Argentina (Comisión Nacional de Valoresa - CNV) and Jersey (Jersey Financial Services Commission - JFSC) report the companies and websites offering investment, financial and insurance services without the required authorisations.

    • Reported by the FCA:
    • Stonehouse Consulting Group (www.stonehouseconsultgrp.com), with declared offices in New York;
    • Mt Capital (www.m-tcapital.com), with declared offices in Zurich;
    • Bellsouth Capital Partners (www.bellsouthcapitalpartners.com), with declared offices in New York;
    • Execs Financial Service(s), EFS, Execs Lending Firm (www.execsbizlending.info), with declared offices in the United Kingdom.

    Reported by the CNMV:

    • Grf Europe Ou/Bock Intl Ltd (www.4xfx.com);
    • Mil Xtra Ltd (http://1000extra.com);
    • Millennium Acquisition Partners, Llc;
    • Mira Capital Markets Ltd (https://miramarkets.capital);
    • Mira Markets Ltd. / My Trade Mm (https://mytrademm.com).

    Reported by the CNV:

    • Latinasoft Sa.

    Reported by the JFSC:

    Moreno, Rey and Partners (www.morenorey.com).

    The French supervisory authority (Authorité des Marchés Financiers – AMF) has reported a list of websites offering investments in cryptocurrencies without the required authorisations:

    • www.avenir-crypto.com;
    • www.cryptos-advisor.com;
    • www.directco-invest.com;
    • www.direct-ep.com;
    • www.falcon-wl.com;
    • www.futur-solution.com;
    • www.globalco-crypto.com;
    • www.mabanquecrypto.com;
    • www.mcminage.com;
    • www.phoenix-gm.com.

    The AMF has also reported a list of websites offering investment services on forex markets without authorisation:

    • www.ainvestments.com / Esos International Ltd / Kadeky International S.R.O;
    • www.ainvestments.biz / Esos International Ltd / Kadeky International S.R.O;
    • www.eastcapitalmarkets.com / MUU Group Limited;
    • www.londonemanagement.com / London Emanagement Ltd;
    • www.xstradepro.com / XS Investments.

    (in "Consob Informa" no. 13/2019 - 8 April 2019)

  • 01 apr 2019
    Consob warning on

    London Capital Trade Ltd (londoncapitaltrade.com) - Apsilon Ltd (grandfxpro.com, www.my.grandfxpro.com, www.trade.grandfxpro.com) - Sucaba Enterprise Ltd (centrobancitaly.com; www.mycentrobancitaly.com; www.centrobancit.com) - Silver Wolf Limited (cfdpremium.com) - https://doubleupgtl.eu - www.dupmania.com

    Pursuant to art. 7- octies, letter b) of Italian Legislative Decree no. 58/1998 (Consolidated Law on Finance), the National Commission for Companies and the Stock Exchange has ordered that the following companies discontinue the infringement of art. 18 of the Consolidated Law on Finance, consisting of the provision of unauthorised investment services and activities to the Italian public:

    • London Capital Trade Ltd, through the website www.londoncapitaltrade.com (Resolution no. 20868 of March 27, 2019);
    • Apsilon Ltd, via the websites www.grandfxpro.com, www.my.grandfxpro.com and www.trade.grandfxpro.com (Resolution no. 20869 of March 27, 2019);
    • Sucaba Enterprise Ltd, via the websites www.centrobancitaly.com; www.mycentrobancitaly.com; www.centrobancit.com (Resolution no. 20867 of March 27, 2019);
    • Silver Wolf Limited, through the website www.cfdpremium.com (Resolution no. 20866 of March 27, 2019).

    The National Commission for Companies and the Stock Exchange, pursuant to article 99, par 1, letter b) of Legislative Decree no. 58/1998 (Consolidated Law on Finance), has also suspended for 90 days the offer to the public resident in Italy involving the so-called 'double asset and liability security deposits" promoted on the websites https://doubleupgtl.eu sites and www.dupmania.com (Resolution no. 20865 of March 27, 2019).

    (Published in "Consob Informa" no. 12/2019 - 1 April 2019)

  • 01 apr 2019
    Warning on

    Bat Financial Management - Global Co Crypto/ GlobalCo Crypto - Amana Trade - Pennberg Kpo Llc - Waterfield Consulting Group - Tomas Tisler Financial Management - Priv Invest / Priv-Invest / PrivInvest - Sucdens Financial / Sucden Financial - Union Capital Partners - Holland and Pearce Capital Partners - Access Loans/Engaged Solutions Ltd - Carter Financial Services - Hernuel Management - Orion Service EOOD - www.01428.hk - Midana Capital Inc. - www.zhongzhou188.com - Hang Seng Small Cap Exchange / Hs-Ex - Yingsheng Financial Investment Management Co., Limited - WiseBank - Falknis Wealth Management Ag - Depaho Ltd - Marek Federak - Kamil Kulig - Jacek Gess - Initium Maciej Chodyna - Andrzej Gasidło - Dawid Gaweł - Artur Pawlęga - Bcoin Market - Brokerf1 Markets Global Corp / Trade Markets Global Corp / Casa De General Options Ltd - Elmond Enterprise Ltd / Crypto Kartal - Ethereum Code Bot - Eurotrade Investments - Bali Limited Ltd / Fly Financial Group - Kayafx / Alphatec Ltd - Société Generale D'Patrimoine, Sa - PBN Capital (Capital Tech Ltd / Pbox Ltd) - HybridReserve (Singlebell LTD / SingleBell OU) - Fxg Trade (Capital Fxg Ltd / Nordic Pearl Ltd) - Com (Trsystem Limited) - 365 Markets (Trustnet Ltd) - Capital Hall/Capital Tech Ltd

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Austria ( Financial Market Authority - FMA), Hong Kong (Securities and Futures Commission - SFC), Switzerland (Swiss Financial Market Supervisory Authority - FINMA), Spain (Comisión Nacional del Mercado de Valores - CNMV), Belgium (Financial Services and Markets Authority - FSMA), Denmark (Danish Financial Authority - DFSA), Poland (Polish Financial Supervision Authority - KNT) and Ireland (Central Bank of Ireland) report the companies and websites that offer investment, financial and insurance services without the required authorisation.

    Reported by the FCA:

    • BAT Financial Management (www.batfinancialmanagement.com), with declared registered offices in Sweden, in London and Hong Kong, clone of the authorised company Bjorn Anders Thorstrand, with registered address in Sweden (ref. no. 521523);
    • Global Co Crypto / GlobalCo Crypto (www.globalco-crypto.com), with declared registered address in London, clone of the authorised company, Global Coal Limited (www.globalcoal.com), with registered address in London (ref. no. 210281);
    • Amana Trade (www.amanatrade.net), clone of the authorised companies Amana Financial Services UK Limited (www.amanafs.co.uk), with registered address in London (ref. no. 605070);
    • Pennberg KPO LLC (www.pennberg.com), with declared registered address in Chicago;
    • Waterfield Consulting Group (www.waterfielgrp.com), with declared registered address in New York;
    • Tomas Tisler Financial Management (Www.tt-financialmanagement.com), with declared registered addresses in the Czech Republic and Hong Kong, clone of the authorised company Tomas Tisler, with registered address in the Czech Republic (ref. no. 431643);
    • Priv Invest Priv-Invest / PrivInvest (www.privinvest.com.; https://www.priv-invest.com), with declared registered address in London, clone of the authorised company Private Investor Capital Limited (www.picapital.co.uk), with registered address in London (ref. no. 185688);
    • Sucdens Financial / Sucden Financial, with declared registered address in London, clone of the authorised company Sucden Financial Limited (www.sucdenfinancial.com), with registered address in London (ref. no. 114239);
    • Union Capital Partners (https://unioncapitalpartners.com), with declared registered address in Chigago;
    • Holland and Pearce Capital Partners (www.hollandandpearce.com), with declared registered address in New York;
    • Access Loans / Engaged Solutions Ltd, with declared registered address in Manchester, clone of the authorised companies RJW Assist Ltd (Loanbird.co.uk) (https://www.loanbird.co.uk/), with registered address in Manchester (ref. no. 692630).

    Reported by the FMA:

    • Carter Financial Services (www.carterfs.com), with declared registered address in Sofia;
    • Hernuel Management (www.hernuel-management.com), with declared registered address in France;
    • Orion Service EOOD (Wisebanc), with declared registered address in Sofia (https://wisebanc.com).

    Reported by the SFC:

    • www.01428.hk;
    • Midana Capital Inc.;
    • www.zhongzhou188.com;
    • Hang Seng Small Cap Exchange / HS-Ex;
    • Yingsheng Financial Investment Management Co., Ltd.

    Reported by the FINMA:

    • WiseBank (www.wisebank.eu);
    • Züricher Wealth Management Ag.

    Reported by the KNF:

    • Depaho Ltd;
    • Marek Federak;
    • Kamil Kulig;
    • Jacek Gess;
    • Initium Maciej Chodyna;
    • Andrzej Gasidło;
    • Dawid Gaweł;
    • Artur Pawlęga.

    Reported by the CNMV:

    • Bcoin Market (https://bcoin.market);
    • Brokerf1 Markets Global Corp / Trade Markets Global Corp / Casa De General Options Ltd (https://brokercryptof1.com);
    • Elmond Enterprise Ltd / Crypto Kartal (https://ethereumcodebot.com);
    • Ethereum Code Bot (https://ethereumcodebot.com);
    • Eurotrade Investments (www.eurotradeinvestmentsrgb.com/), not to be confused with the authorised company Eurotrade Investments RGB (https://eurotrader.eu/en);
    • Bali Limited Ltd / Fly Financial Group (https://flyfinancialgroup.com);
    • Kayafx / Alphatec Ltd (https://kayafx.com/);
    • Société Generale d'Patrimoine, Sa.

    Reported by the FSMA:

    • PBN Capital (Capital Tech Ltd / Pbox Ltd), with declared registered address in the Marshall Islands (www.pbncapital.com);
    • HybridReserve (Singlebell LTD / SingleBell OU), with declared registered addresses in Saint Vincent and the Grenadines (www.hybridreserve.com);
    • FXG Trade (Capital Fxg Ltd / Nordic Pearl Ltd), with declared registered address in Sofia (www.fxgtrade.com);
    • Cfds100.Com (Trsystem Limited) (www.cfds100.com);
    • 365 Markets (Trustnet Ltd), with declared registered address in Sofia (www.365markets).

    Reported by the Central Bank of Ireland:

    • Capital Hall/Capital Tech Ltd (Marshall Islands; https://capitalhall.com).

    (in "Consob Informa" no. 12/2019 - 1 April 2019)

  • 25 mar 2019
    Consob warning on

    SolutionCm Ltd (www.carterfs.com) - Pro Star (www.traderia.com) - BV1 Club Business Development Sas (https://www.bv1.club/ - pagina Facebook "BV1 Club")

    Pursuant to art. 7- octies, letter b) of Italian Legislative Decree no. 58/1998 (Consolidated Law on Finance), the National Commission for Companies and the Stock Exchange has ordered the following companies to cease the infringement of art. 18 of the Consolidated Law on Finance, consisting of the provision of unauthorised investment services and activities to the Italian public:

    • SolutionCm Ltd via the website www.carterfs.com (Resolution no. 20857 of March 20, 2019);
    • Pro Star via the website www.traderia.com (Resolution no. 20856 of March 20, 2019).

    The National Commission for Companies and the Stock Exchange has also prohibited, pursuant to article 99, paragraph 1, letter d) of the Consolidated Law on Finance, the offer to the Italian public of 'investment plans', promoted by the company BV1 Club Business Development SAS, including via the website https://www.bv1.club/ and the Facebook page 'BV1 Club' (Resolution no. of March 20, 2019).

    (Published in "Consob Informa" no. 11/2019 - 25 March 2019)

  • 25 mar 2019
    Warning on

    Payton Capital Partners - Kruger Exchange - Porto Immo Scpi - www.parel-gestion.net - Finesco Limited - Swiss Financial Capital - Capital Fxg Ltd / Nordic Pearl Ltd - Millennium Fx Limited - www.tradovest.com - 華益財富有限公司 (solo nome cinese) - Hk Xinhong - www.wuifung.co.uk - Birchwood International - Fusian Investment Co., Ltd - Purse International Ltd / PRS Group - Major Options Investment

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), France (Authorité des Marchés Financiers - AMF), Belgium (Financial Services and Markets Authority - FSMA), Switzerland (Financial Market Authority–), Spain (Comisión Nacional del Mercado de Valores - CNMV), Hong Kong (Securities and Futures Commission - SFC) and British Columbia (British Columbia Securities Commission - BCSC) report the companies and websites that are offering investment, financial and insurance services without the required authorisation.

    Reported by the FCA:

    • Payton Capital Partners (www.paytoncapital.com), with declared registered address in New York:
    • Kruger Exchange (Marketing Essentials) (www.krugerexchange.com), with declared registered address in Bulgaria.

    Reported by the AMF:

    • Porto Immo SCPI ;
    • www .parel-gestion.net .

    Reported by the FSMA:

    • Finesco Limited .

    Reported by FINMA:

    • Swiss Financial Capital (www.swissfinancialcapital.com), with declared registered address in Lucerne.

    Reported by the CNMV:

    • Capital FXG Ltd / Nordic Pearl Ltd (www.forexgrand.com);
    • Millennium FX Limited (www.mnmfx.com);
    • www .tradovest.com .

    Reported by the SFC:

    • 華益財富有限公司(Chinese name only);
    • HK Xinhong ;
    • www.wuifung.co.uk ;
    • Birchwood International ;
    • Fusian Investment Co., Ltd ;
    • Purse International Ltd / PRS Group .

    Reported by the BCSC:

    • Major Options Investment (www.majoroptionsinvestment.com).

    (in "Consob Informa" no. 11/2019 - 25 March 2019)

  • 18 mar 2019
    Consob warning on

    bitsurge.io (Bitsurge token) - Progetto Crypto Green Earth (Certificati Green Earth) - wachsendewerte.at/it (Progetto Wachsende Werte e Scryptmining) - Columbia Capital Group Ltd (https://cryptoeu.co) - Sucaba Enterprise Ltd (ptbanc.com) - Lkm Groups Ltd (londonkapital.com - www.lkminvest.com - Elit Property Vision Ltd (richmondfg.com) - Get Financial Markets Ltd (https://get-financial.com)

    The National Commission for Companies and the Stock Exchange, recording a significant increase in the number of reports relating to the self-styled credit recovery companies that, even falsely stating to be authorised by CONSOB, offer potential customers the possibility of obtaining, for a fee, and the refund of sums of money already invested through entities illegally operating as financial intermediation companies, points out that no entity is authorised by CONSOB to undertake credit recovery on behalf of investors who have suffered financial losses by operating with companies not authorised to provide investment services and activities.

    In this regard, investors are advised to be very careful considering that these credit recovery schemes and similar activities could conceal deceptive operations aimed at taking possession of any money conferred.

    * * *

    The National Commission for Companies and the Stock Exchange has also:

    • prohibited, pursuant to article 99, paragraph 1(d) of the Consolidated Law on Finance, the offer to the Italian public of contracts involving ‘Bitsurge tokens’ promoted on the website bitsurge.io and on the ‘Bitsurge Token’ Facebook page, as well as the offer to the Italian public of ‘Green Earth Certificates’ promoted on the "Project Crypto Green Earth" Facebook page (Resolutions nos. 20844 and 20845 of March 13, 2019);
    • suspended, for a period of 90 days, pursuant to artilce 99, paragraph 1, letter b) of the Consolidated Lawo on Finance, the offer to the Italian public involving the ‘Progetto Wachsende Werte e Scryptminin g’ performed without the required authorisation, including through the website wachsendewerte.at/it (Resolution no. 20843 of March 13, 2019);

    * * *

    Pursuant to art. 7- octies, letter b) of Italian Legislative Decree no. 58/1998 (Consolidated Law on Finance), the National Commission for Companies and the Stock Exchange has ordered the following companies to cease the infringement of art. 18 of the Consolidated Law on Finance, consisting of the provision of unauthorised investment services and activities to the Italian public:

    • Columbia Capital Group Ltd , through the website https://cryptoeu.co (Resolution no. 20847 of March 13, 2019);
    • Sucaba Enterprise Ltd, through the website www.ptbanc.com (Resolution no. 20846 of March 13, 2019);
    • LKM Groups Ltd, via websites londonkapital.com and www.lkminvest.com (Resolution no. 20849 of March 13, 2019);
    • Elit Property Vision Ltd, through the website www.richmondfg.com (Resolution no. 20850 of March 13, 2019);
    • Get Financial Markets Ltd, through the website https://get-financial.com (Resolution no. 20848 of March 13, 2019).

    (Published in "Consob Informa" no. 10/2019 - 18 March 2019)

  • 18 mar 2019
    Warning on

    Holland and Pearce Capital Partners - Tradition Cheptal/Tradition London Clearing - Gold Fx Trading/Gft - Cooper Newton Management Group / Cooper Newton Management Group Partners - European Capital Markets Ltd - Gfc Investment - General Partner Finance Limited - Cashbery Limited/Global Decentralised Community - Engaged Solutions - JP Morgan - Safecap Investments Poland Sp. z o.o. - Gcg Asia - Warrington Shaw - Matching Blue Consulting Sl (Golden Markets) - Profit Trade Gps Marketing Ltd - Global Top Marketing Ltd - SingleBell Ltd - Xtrader-Fx GPay Ltd - Ecn Premium - Iwc Investment - Trading Professionals - Grupo Gmi, Sl - Livermore Trade, Sl - Ff Tradeinvest Coorporation - Profile Analysis Investment III, Sl - Trinity Financial Limited - Grupo Latino Traders 212 Ltd - Inversionesjdk - Signals 4trade Ltd - Copy Redactores Enterprises - Masterinversores Ltd - Airbit Club - Outsource Your Marketing Now Ltd - Redactores Ospina Enterprises - Lifetime Technology (Thailand) Co - Black Parrot Ltd - Ferrari Financial Limited - Black Parrot Ltd / Blonde Bear Ou - Garantias Mecanicas e Inversiones, Sl - Brown Fox Ltd - Tradersgroup 2020 Ltd -cfdpremium.com - Medellín Inversiones - 益華國際 - Golden Financial Service Limited / Golden Financial Solutions Limited / Golden Financial Solutions (Service) Ltd / Golden Financial Financial Pty Ltd / Golden Financial / Gdfx - Iwc Investment Partners A/S - elenco dei siti web che offrono servizi di investimento senza autorizzazione (CySec)

    The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Poland (Polish Financial Supervision Authority - KNF), Switzerland (Swiss Financial Market Supervisory Authority - FINMA), Austria (Financial Market Authority - FMA), Sweden (Finansinspektionen)), Spain (Comisión Nacional del Mercado de Valores - CNMV) and Hong Kong (Securities and Futures Commission - SFC) report the companies and websites that are offering investment, financial and insurance services without the required authorisation.

    Reported by the FCA:

    • Holland and Pearce Capital Partners (www.hollandandpearce.com), with declared registered address in New York;
    • Tradition Cheptal/Tradition London Clearing (www.tradition-london-clearing.com), with declared registered address in France, clone of the authorised company Tradition (UK) Limited (www.tradition.com), with registered address in London (reference no. 139200);
    • Gold FX Trading/GFT (https://web.goldfxtrading.com), with declared registered address in London and St Vincent and the Grenadines, clone of the authorised company Gain Capital UK Limited (Gain) (www.cityindex.co.uk), with registered address in London (reference no. 113942);
    • Cooper Newton Management Group / Cooper Newton Management Group Partners (www.coopernewtonmanagementgroup.com), with declared registered address in New York;
    • European Capital Markets Ltd (www.europeancapitalmarketsltd.com), con sede dichiarata a Londra, clone della società autorizzata European Capital Markets Ltd (www.europeancapitalmarkets.com), con sede a Londra (n. di riferimento: 400316);
    • GFC Investment (https://gfcinvestment.com), con sede dichiarata a Vincent e Grenadine;
    • General Partner Finance Limited, with declared registered address in London;
    • Cashbery Limited/Global Decentralised Community (www.cashbery.com; http://gdc.group) with declared registered address in London;
    • Engaged Solutions (which also operates as Access Loans), con sede dichiarata a Manchester, clone della società autorizzata R.J.W. Assist Ltd (which also operates as Loanbird.co.uk ), with registered address in Manchester (www.loanbird.co.uk), reference number 692630;
    • JP Morgan (which also operates as Zurich Capital Management) clone of the authorised company J.P. Morgan Securities PLC (www.jpmorganchase.com), with registered address in London (reference no. 155240).

    Reported by the KNF:

    • Safecap Investments Poland Sp. z o.o.

    Reported by the FINMA:

    • GCG Asia (https://guardiancapitalag.asia), with declared registered address in Zurich.

    Reported by the FMA:

    • Warrington Shaw (warringtonshaw.com), with declared registered address in Taipei City, Taiwan;
    • Matching Blue Consulting Sl (Golden Markets), with declared registered address in Barcelona (goldenmarkets.com; www.goldenmrks.com);
    • Profit TradeGPS Marketing Ltd, with declared registered address in Sofia;
    • Global Top Marketing Ltd, with declared registered address in the Ajeltake Islands, Majuro, Marshall Islands (www.profit-trade.com);
    • SingleBell Ltd (www.hybridreserve.com), with declared registered address in Saint Vincent and the Grenadines;
    • Xtrader-Fx GPay Ltd (xtrader-fx.com), with declared registered address in the UK.

    Reported by Finansinspektionen:

    • ECN Premium (www.ecnpremium.com).

    Reported by the CNMV:

    • IWC Investment (iwcinvestment.com ), clone of the authorised company of the same name. The clone company is also reported by the Danish Financial Authority - DFSA;
    • Trading Professionals (http://opcionesbinariasinspector.com);