MFSA warns on Tradingbanks false regulation claim


The Malta Financial Services Authority (MFSA) has become aware of the website https://www.tradingbanks.com/ which is falsely stating that tradingbanks is licensed by the MFSA.

The MFSA alerts the public, in Malta and abroad, to refrain from undertaking any business or transactions with the above-mentioned entity.

Many other regulators have already warned on tradingbanks, including South Africa’s FSB, Swiss FINMA, Italy’s Consob, and Belize’s IFSC.

The MFSA would like to remind 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 is authorized to provide such services by the MFSA or another reputable financial services regulator.

A list of entities licensed by the MFSA is available from the MFSA here.

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MFSA warns on Tradingbanks false regulation claim

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