New World Financial Europe SL
This notice is issued by the Financial Supervision Commission (“the Commission”) in accordance with the powers conferred upon it under Section 22 of the Financial Supervision Act 1988.
The Commission has recently become aware of the above entity and has concerns that local residents could potentially receive unsolicited calls from it.
The Commission is not aware of the above entity having, or holding out as having, any presence on the Isle of Man.
The above entity is the subject of an Alert issued by the Netherlands Financial Markets Authority (“FMA”). The Alert advises that the above entity, which has been offering securities services to residents of the Netherlands, is not authorised to do so under the relevant Netherlands legislation. The full text of the FMA Alert.
Under the circumstances, the Commission would strongly urge Isle of Man residents considering dealing with the above entity to exercise the greatest possible caution before proceeding, bearing in mind the contents of this public notice. Isle of Man residents considering dealing with the above entity should be absolutely clear that it is not regulated in the Isle of Man to advise on investments or to arrange deals in such investments. Any safeguards provided by such regulation will not, therefore, apply in relation to your dealings with it.
A list of all institutions and individuals licensed and regulated by the Isle of Man Financial Supervision Commission is available on our website.
Any persons who are already involved in any dealings with the above entity and have concerns should contact the Enforcement Division on +44 1624 689313 or by email to [email protected].
FSC Reference: JPM/40/2006