AMF warns against ECI Luxembourg website

fma warning

Following a number of reports regarding the entity ECI Luxembourg and the website www.eci-luxembourg, the Autorité des marchés financiers (AMF) has just issued a public warning.

ECI Luxembourg and the website www.eci-luxembourg are not authorized by the AMF ACPR to provide investment services.

Lastly, the AMF has reminded investors and individuals to follow these safety guidelines before making any investment:

  • no advertising materials should make you overlook the fact that high returns always involve high risk;
  • learn as much as you can about the company or intermediary trying to sell you a product (authorization/certification, company history, location of head offices, etc.);
  • only invest in a product you understand;
  • ask yourself how, and by whom, the purchase price or selling price of the advertised product is set, and find out the precise terms and timeline for selling the product, especially in cases where the product invests in an asset class with low liquidity.

The official warning can be seen here.

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