Aggregated News From Investment Management Regulators

CMVM issues warning for investors concerning Grand Capital Ltd

Report/Flag

Please complete the required fields.



The CMVM issues a warning for investors concerning Grand Capital Ltd, with the website https://pt.grandcapital.net/. Said entity is not authorised to carry out any type of financial intermediation activity in Portugal, under Article 295(1)(a) and (b) of the Portuguese Securities Code.
The CMVM clarifies that this entity is not legally qualified to carry out advertising or prospecting for clients aimed into financial intermediation contracts.
In order to ensure that a certain entity that provides investment services in financial instruments is authorised to carry out said activity in Portugal, one should consult the list of authorised financial intermediaries via the following link or via the list of entities authorised to provide financial services in Portugal under the freedom to provide services (LPS) via the link.
Any person or entity that has established any business relationship with persons claiming to represent the above-mentioned entity, may contact the CMVM via the Toll-free number 800 205 339 (support line) or by e-mail at [email protected].

This news item was originally published by the Portuguese Securities Market Commission (CMVM PT). For more information, see the Source Link.

Regulator Information

Abbreviation: CMVM
Jurisdiction: Portugal

Recent Articles

The SEC Levels Up: Statement on In re Activision Blizzard

Feb. 3, 2023 Today, the Commission announced a $35 million settlement with Activision Blizzard Inc. (“Activision Blizzard”).

Mr William Stephen Cairns (date of Birth 15 January 1949) of Key West, Doyle Road, St Peter Port Guernsey GY1 1RG — GFSC

Date of prohibition order pursuant to section 33 of the Financial Services Business (Enforcement Powers) (Bailiwick of Guernsey) Law, 2020 and prohibited functions: From 2 February 2023 until 2 July

Mr Du Preez Gert Vermeulen (Date of Birth 5 August 1987) of Doyle Court, Doyle Road, St Peter Port Guernsey GY1 1RD

Date of prohibition order pursuant to section 33 of the Financial Services Business (Enforcement Powers) (Bailiwick of Guernsey) Law, 2020 and prohibited functions: From 2 February 2023 until 2 Mar

Publication of a Notice of the fact of a Prohibition Order and a Discretionary Financial Penalty — GFSC

On 2 February 2023, the Commission imposed discretionary financial penalties as follows:  Mr William Stephen Cairns (“Mr Cairns”) a financial penalty of £133,000; and  Mr Du Preez Gert Vermeulen (“M

Get the latest from Regulatory.News in your inbox!

×