Regulatory Updates

This notice is issued by the Financial Services Authority of Seychelles ("FSA") drawing attention to the email address [email protected] and [email protected]. Please note that the service providers affiliated with the mentioned contact information are not linked to any entity licensed or regulated by the FSA in any capacity despite claiming otherwise.

Furthermore, the FSA Seychelles urges investors and members of the public to exercise adequate research and evaluation on an entity, service providers, and representatives prior to conducting business and/or performing any transactions involving money exchanges or exchanges of personal details. The FSA also reminds the public that the Authority is not responsible should persons continue to maintain client relationship, or uses services provided with or by the suspected fraudulent service providers.

Financial Services Authority

This notice is issued by the Financial Services Authority of Seychelles (“FSA”) drawing attention to the aforementioned website and the fact that same does not relate to any entity licensed or regulated by the FSA in any capacity, as Pearl Capital Markets Ltd’s Securities Dealer License (SD011) has been revoked by the Authority since February 12th, 2018.

The FSA Seychelles hereby urges investors and members of the public to exercise due caution should they enter in a business relationship with the said entity. The Authority also advises members of the public that it shall not bear responsibility should persons continue or maintain client relationships, or use services provided by the aforementioned website.

https://livecapitol.net/

This notice is issued by the Financial Services Authority of Seychelles (“FSA”) drawing attention to the aforementioned websites and the fact that same does not relate to any entity licensed or regulated by the FSA in any capacity.

The FSA Seychelles urges investors and members of the public to exercise extreme caution in respect of these websites and wishes to advise that Authority shall not bear responsibility should persons continue or maintain client relationships, or use services provided by the aforementioned websites.

The Financial Services Authority

https://www.flipuniquemarket.live/

This notice is issued by the Financial Services Authority of Seychelles (“FSA”) drawing attention to the aforementioned website and the fact that same does not relate to any entity licensed or regulated by the FSA in any capacity.

The FSA Seychelles urges investors and members of the public to exercise extreme caution in respect of these websites and wishes to advise that Authority shall not bear responsibility should persons continue or maintain client relationships, or use services provided by the aforementioned websites.

The Financial Services Authority

This notice is issued by the Financial Services Authority ("FSA") pursuant to section 4(1)(m) of the Financial Services Authority Act, 2003 in relation to the trading platform, Wise Trade FX. 

It has been brought to the FSA’s attention that the online trading platform Wise Trade FX (https://wisetradefx.com) is claiming to be under the regulatory purview of the FSA. The public is hereby informed that Wise Trade FX does not hold any licences issued by the FSA to undertake such type of activity. Therefore, the entity is not being regulated by the FSA nor has it been in the past.

The FSA strongly urges investors and members of the public to exercise caution in respect to the services offered by Wise Trade FX.

The Financial Services Authority

This notice is issued by the Financial Services Authority of Seychelles (“FSA”) drawing attention to the website https://coinassetfinance.uk/ and the fact that the website is not linked to any entity licensed or regulated by the FSA in any capacity.

Furthermore, the FSA Seychelles urges investors and members of the public to exercise adequate research and evaluation on an entity, service providers, and representatives prior to conducting business and/or performing any transactions involving money exchanges or exchanges of personal details. The FSA also reminds the public that the Authority is not responsible should persons continue or maintain client relationship, or uses services provided with or by the aforementioned website.

• www.zfxtrade.com 

This notice is issued by the Financial Services Authority of Seychelles (“FSA”) drawing attention to the aforementioned website and the fact that same does not relate to any entity licensed or regulated by the FSA in any capacity.

The FSA Seychelles urges investors and members of the public to exercise extreme caution in respect of these websites and wishes to advise that Authority shall not bear responsibility should persons continue or maintain client relationships, or use services provided by the aforementioned websites.

Financial Services Authority

Unauthorized use of websites (the “unlawful website”):

• www.livecapitol.net
• www.profitedcrypto.online
• www.valdstockoptions.com
• www.optionvest-trade.com

This notice is issued by the Financial Services Authority of Seychelles (“FSA”) drawing attention to the aforementioned websites and the fact that same does not relate to any entity licensed or regulated by the FSA in any capacity.

The FSA Seychelles urges investors and members of the public to exercise extreme caution in respect of these websites and wishes to advise that Authority shall not bear responsibility should persons continue or maintain client relationships, or use services provided by the aforementioned websites.

Financial Services Authority

The Financial Services Authority (“FSA”) wishes to remind the general public, that the FSA issued a notice on 23^rd June 2022 pertaining to the revocation of the Securities Dealer Licence (SD016) of LBLV Ltd and Securities Dealer Representative Licence (SDR054) of Mr. Josphat Ngundo Muriuki in accordance with section 29(1) of the Financial Services Authority Act, effective June 14^th, 2022.

Kindly be advised that the FSA has reasons to believe that the website of LBLV Ltd “www.lblv.com”  is still live and that LBLV Ltd is dealing in Securities without a license issued by the FSA, contrarily to what is being stated on LBLV Ltd’s website.

In light of the above, the FSA wishes to reiterate that it shall not be responsible for any losses or any matters that may arise should investors or members of the general public wishes to enter or maintain a client relationship with LBLV Ltd.

The Financial Services Authority

The Financial Services Authority, hereby informs the public, that Legacy Trust Company Limited, having its registered address at Legacy Trust Company Limited, Suite 103, Premier Building, Victoria, Mahé, Seychelles has surrendered its Trustee Services and International Corporate Services Licenses pursuant to section 30(1) of the Financial Services Authority Act, 2013 (“FSA Act”) effective July 1st, 2022.

Pursuant to section 4(1)(m) of the FSA Act, the public is hereby notified that the company Legacy Trust Company Limited no longer holds a Trustee Services and an International Corporate Services licenses (No. TS031 and ICS073).

All parties concerned kindly contact the FSA, until informed otherwise, in respect to records of trusts that were under the administration of Legacy Trust Company Limited at the time of the surrender.

Financial Services Authority

Bois De Rose Avenue

P.O Box 991

Victoria, Mahe

Seychelles