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Screenshot of a breaking news alert e-mail from Q2 2017
The Malta Financial Services Authority (MFSA) the single regulator for financial services activities in Malta, regulating and supervising credit and financial institutions, investment, trust and insurance business today issued a warning against an unregulated FX broker entity having an internet presence at https://forex-mmcis.com.
The MFSA wishes to alert the public, in Malta and abroad, that Forex MMCIS Group is NOT licensed nor awaiting to be licenced by the Malta Financial Services Authority to provide any type of financial service including foreign exchange service.
Accordingly, the MFSA warns the public to exercise extreme caution when dealing with this entity.
The MFSA would like to remind investors and consumers of financial services not to enter into any financial services transaction unless they have ascertained that the entity with whom the transaction is being made holds a licence to provide such services from the MFSA or another reputable financial services regulator.
A list of entities licensed by the MFSA is available from the Malta Financial Services Authority, and can be viewed on the MFSA website.
To download the press release, click here (PDF).