Tag: FMA warning

May 27, 2020 BY Steffy Bogdanova

New Zealand FMA adds New Economic Evolution of the World to its warning list

The New Zealand regulator found that New Economic Evolution of the World (NEEW) (formerly Skyway Investment Group, Skyway Capital, Skyway Group) website lists bank account number in the name of a third party in Russia. “RTN” Limited Legal address: 664081, Irkutsk, Krasnokazachya st. 133/5 INN/KPP: 3811031100/381101001 OGRN: 1153850012557 Registration date: 24.03.2015 г. Payment account: 40702810448100001478 Correspondent…

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May 20, 2020 BY Steffy Bogdanova

New Zealand FMA adds Altrice Investment Co. Limited to its warning list

New Zealand watchdog found that Altrice Investment is not a registered financial service provider and recommend exercising caution if approached by the company. Hong Kong Securities Futures Commission has also published a warning about Altrice Investment noting it is an unlicensed entity in Hong Kong. The warning also notes that Altrice is using bank accounts in Hong…

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May 19, 2020 BY Steffy Bogdanova

New Zealand FMA adds Pioneer Income to its warning list

New Zealand watchdog received a report that Pioneer Income representatives have made unsolicited calls to a New Zealand resident to sign up to their online trading system via their website. Pioneer Income is not registered as a financial service provider in New Zealand and is therefore not permitted to provide financial services/products to New Zealand residents.…

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May 04, 2020 BY Steffy Bogdanova

New Zealand FMA adds Karatbars to its warning list

New Zealand watchdog FMA found that other regulators have also cautioned about Karatbars: BaFin (German Federal Financial Supervisory Authority) Financial Sector Conduct Authority (FSCA), South African regulator British Columbia Securities Commission Autorite des Marches Financiers (AMF), Quebec Bank of Namibia (BoN) Read More: New Zealand FMA adds Techvision to its warning list New Zealand FMA…

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April 29, 2020 BY Steffy Bogdanova

New Zealand FMA adds Techvision to its warning list

New Zealand watchdog FMA also reported that Techvision is not registered as a financial service provider and it is unable to offer financial services to New Zealand residents. Read More: New Zealand FMA adds accessfinancenz.com to its warning list New Zealand FMA adds MetalsWise to its warning list New Zealand FMA adds Horse Forex and Whitley…

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April 23, 2020 BY Steffy Bogdanova

New Zealand FMA adds accessfinancenz.com to its warning list

The website is not associated or authorised by the company Access Finance Limited, registered in New Zealand. Read More: New Zealand FMA adds MetalsWise to its warning list New Zealand FMA adds Horse Forex and Whitley Trading Group to its warning list New Zealand FMA adds Tiger Brokers (NZ) and Profit Bitcoin to its warning list

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April 17, 2020 BY Steffy Bogdanova

New Zealand FMA adds MetalsWise to its warning list

The website claims that the company operates from the UK. However,  The Financial Conduct Authority (FCA) in the United Kingdom states that MetalsWise is not registered there. Currently, the company is advertising on New Zealand radio. MetalsWise is not registered or licensed to offer financial services in the country. Read More: New Zealand FMA adds…

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April 06, 2020 BY Steffy Bogdanova

New Zealand FMA adds Tiger Brokers (NZ) and Profit Bitcoin to its warning list

The New Zealand watchdog found that Tiger Brokers failed to: conduct adequate customer due diligence where required. verify relevant customer identification documents. obtain source of fund or wealth information for high risk customers, and take reasonable steps to verify that information. report suspicious activity to the relevant authorities within set time frame. take steps to…

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