Supervisory authorities around the world warn for unauthorised financial services firms 

The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Switzerland (Swiss Financial Market Supervisory Authority – FINMA), Hong Kong (Securities and Futures Commission – SFC), Austria (Financial Market Authority – FMA), France (Autoritè des Marches Financiers – AMF), Spain (Comision Nacional del Mercado de Valores – CNMV), Ireland (Central Bank of Ireland) and Italy (CONSOB) report the companies and websites offering investment, financial and insurance services without the required authorisations.

Reported by the FCA:

• Verge Finance Private Lending / Verge Finance Services Limited / Verge Finance Uk Limited (http://vergefinance.loan), with declared offices in London;
• Personal Loan Now (www. personalloannow.co.uk), clone of the authorised company Quint Group Limited (reference n. 669450);
• Euro Ventures Group (London) Limited (www.euroventuresgroup.com), with declared offices in Wembley (UK);
• Blue Insurance Uk (www.theblueinsurance.uk), clone of the authorised company Blue Insurance Limited (reference n. 431623);
• Credit Extra Cash, clone of the authorised company QV Holdco Ltd (reference n. 672826);
• Amg Capital Partners Limited (www.amgcapital.co.uk), clone of the authorised company of the same name (reference n. 225540);
• Quaroni Group (www.quaronigroup.com), with declared offices in London and Vienna, clone of the authorised company of the same name (reference n. 611390).

Reported by the FINMA:

• Helvezia Trust (http://helvezia-trust.com), with declared offices in Zurich;
• Zurich Financial (www.zurich-financial.co.uk with declared offices in Zurich.

Reported by the SFC:

• Hong Kong Fengying Holding Company Limited (www.fengying.hk), with declared offices in Hong Kong.

Reported by the FMA:

• By Trading Limited (www.by-trading.com), with declared offices in Vienna;
• Shalom & Gerson Finance, with declared offices in Belgium and Switzerland;
• www.cs-advisory.com, with declared offices in London.

Reported by the AMF:

• https://epargne-eco.fr.

Reported by the CNMV:

• Media Client Service S.L. with declared offices in Malaga and Marbella, to which Mr Simo Alfassy is associated.

Reported by the Central Bank of Ireland:

• Smith Capital Ventures Inc. (Usa);
• GetcoPro (United Kingdom; www.getcopro.com).

Reported by the CONSOB:

• Worldfxm through the website www.worldfxm.com (resolution n. 20373 of April 5, 2018);
• 2dots Limited through the websites www.24stox.com and www.xtradefx.com (resolution n. 20371 of April 5, 2018);
• www.8infx.com (resolution n. 20372 of April 5, 2018);
• FXCMarkets through the website www.fxcmarkets.com (resolution n. 20375 of April 5, 2018);
• Broker Yard through the website www.brokeryard.com (resolution n. 20374 of April 5, 2018).

Source: CONSOB

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