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 (, with declared offices in London;
  • Personal Loan Now (www., clone of the authorised company Quint Group Limited (reference n. 669450);
  • Euro Ventures Group (London) Limited (, with declared offices in Wembley (UK);
  • Blue Insurance 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 (, clone of the authorised company of the same name (reference n. 225540);
  • Quaroni Group (, 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 (, with declared offices in Zurich;
  • Zurich Financial ( with declared offices in Zurich.

Reported by the SFC:

  • Hong Kong Fengying Holding Company Limited (, with declared offices in Hong Kong.

Reported by the FMA:

  • By Trading Limited (, with declared offices in Vienna;
  • Shalom & Gerson Finance, with declared offices in Belgium and Switzerland;
  •, with declared offices in London.

Reported by the AMF:


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;

Reported by the CONSOB:

  • Worldfxm through the website (resolution n. 20373 of April 5, 2018);
  • 2dots Limited through the websites and (resolution n. 20371 of April 5, 2018);
  • (resolution n. 20372 of April 5, 2018);
  • FXCMarkets through the website (resolution n. 20375 of April 5, 2018);
  • Broker Yard through the website (resolution n. 20374 of April 5, 2018).

Source: CONSOB

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