XTrade Europe Ltd - Clever Loans - Chicago Law Group - Fmp Fuhrer Marbach and Partners - Barton and Rose - Gc Venture Limited - Pioneer Asset Management Sa - Mdm Group Ag - Wing Pegasus Sl - Cfd 1000 Limited - Charles Van Deursen - Cti China Renaissance (Cticr) - Xw Technology Hong Kong Limited - Toronto Sumitomo Trading International (Tst International) - Toshikatsu Group - Woori
Bridgewater Brokerage - Ashida Associates - Cti China Renaissance - Woori Bridgewater Brokerage
The supervisory authority of Cyprus (Cyprus Securities and Exchange Commission – CySEC) has suspended, for one month from May 30 2017, the authorisation of XTrade Europe Ltd, notified in Italy for free provision of services and through a branch office, with regard to the provision of investment services and activities to new customers, including Italian customers.
In particular the Cypriot supervisory authority has envisaged that, in application of the abovementioned measure of partial suspension of authorisation, the company:
- May not enter into business relationships with any party, nor may it acquire new customers;
- May not receive, transmit or carry out purchase orders for financial instruments issued by new customers;
- May not provide investment services and activities to new customers in Cyprus or abroad (in Member States or third countries);
- May not disseminate advertising material with the purpose of attracting new customers;
- Must give notice on its websites of the circumstance that its authorisation has been partially suspended with regard to the provision of investment services and activities to new customers;
- May only continue operations with existing customers.
The supervisory authorities of the United Kingdom (Financial Conduct Authority - FCA), Switzerland (Swiss Financial Market Supervisory Authority - FINMA), Spain (Comisión Nacional del Mercado de Valores - CNMV), Poland (Polish Financial Supervision Authority - KNF), Belgium (Financial Services and Markets Authority - FSMA), Holland
(Netherlands Authority for the Financial Markets - AFM) and Sweden (Finansinspektionen) ) report the companies and websites that are offering investment, financial and insurance services without the required authorisations.
Reported by the FCA:
Clever Loans (www.cleverloans.co.uk) clone of the authorised company Simply Digital Tech Limited (www.clever-loans.com), reference n.762319;
Chicago Law Group (www.chicagolg.com, www.chicagogold.com, ww.chicagolawgroup.us) with declared offices in Chicago;
Fmp Fuhrer Marbach and Partners;
Barton and Rose (www.bartonandrose.com), with declared offices in Switzerland;
Gc Venture Limited (www.gc-vc.com), with declared offices in London.
Reported by the FINMA:
Pioneer Asset Management Sa (www.pioneer-management.co.uk), with declared offices in Geneva;
Mdm Group Ag (https://mdmgroup.de/investieren/bzw, https://www.mdmgroup.ch).
Reported by the CNMV:
Wing Pegasus Sl; Mr. D. Ricardo Cáscales Monge is associated with the company.
Reported by the KNF:
Reported by the FSMA:
Charles Van Deursen;
Cti China Renaissance (Cticr);
Xw Technology Hong Kong Limited;
Toronto Sumitomo Trading International (Tst International);
Woori Bridgewater Brokerage.
Reported by the AFM:
Ashida Associates (www.ashidaassociates.com), with declared offices in Tokyo.
Reported by the Finansinspektionen:
Cti China Renaissance (www.ctimanagement.com), with declared offices in Seoul and Toronto;
Woori Bridgewater Brokerage (www.wbbmanagement.net) with declared offices in Seoul and Toronto.
(in "Consob Informa" no. 23/2017 - 19 June 2017)