Aggregated News From Investment Management Regulators

MFSA Warning – Prime24Options (P24O LTD) – Unlicensed Entity – MFSA

Report/Flag

Please complete the required fields.



The Malta Financial Services Authority (“MFSA”) has become aware of an entity operating under the name of  Prime24Options (P24O Ltd) which has an internet presence at https://prime24options.com/index.php.

The MFSA wishes to alert the public, in Malta and abroad, that https://prime24options.com/index.php is NOT a Maltese registered Company NOR licensed or otherwise authorised by the MFSA to provide any investment services or other financial services which are required to be licensed or otherwise authorised under Maltese law.

The MFSA would like to remind consumers of financial services not to enter into any financial services transaction unless they have ascertained that the entity with whom the transaction is being made is authorised to provide such services by the MFSA or another reputable financial services regulator. Investors should also be extra cautious when being approached with offers of financial services via unconventional channels such as telephone calls or social media.

A list of entities licensed by the MFSA can be viewed on the official website of the MFSA at http://www.mfsa.com.mt/pages/licenceholders.aspx.

If you are a victim of a scam or think you might be dealing with an unauthorised entity or any other type of financial scam, first of all stop all transactions with the company and contact the MFSA at https://www.mfsa.mt/about-us/contact/ as soon as a suspicion arises.

Regulator Information

Abbreviation: MFSA
Jurisdiction: Malta

Recent Articles

SFDR data collection exercise applicable to investment fund managers (IFMs) and institutions for occupational retirement provision (IORPs) on precontractual disclosures in relation to Regulation...

1. Context This communiqué follows up on the CSSF communiqué published on 27 July 2022 announcing the intention of the CSSF to launch a data collection exercise related...

Trends, Risks and Vulnerabilities (TRV) Report, No. 1, 2023

See the content published by the European Securities and Markets Authority (ESMA) here: Read more

Release Order issued in RC No. 6238 of 2023 drawn against Gopal D Mudavat (PAN: BNJPM0036K), Megha Mahesh Khandelwal (PAN: AACPK8139Q) and Mahesh Omprakash...

This news item was originally published by the Securities and Exchange Board of India (SEBI IN). See the article here: Read more

Intimation of completion of RC No. 6238 of 2023 drawn against Gopal D Mudavat (PAN: BNJPM0036K), Megha Mahesh Khandelwal (PAN: AACPK8139Q) and Mahesh Omprakash...

This news item was originally published by the Securities and Exchange Board of India (SEBI IN). See the article here: Read more

Cancellation of Recovery Certificate No. RC4750 of 2022 dated May 11, 2022 issued against Rajendra Kumar Agarwal HUF (PAN: AADHR7112R) in the matter of...

This news item was originally published by the Securities and Exchange Board of India (SEBI IN). See the article here: Read more

Get the latest from Regulatory.News in your inbox!

×