Disclosure details -

Financial Markets Authority

Year 2011Regulated by Government

The Financial markets Authority (FMA) is a New Zealand government agency responsible for enforcing securities, financial reporting and company law as they apply to financial services and securities markets. The FMA also regulates securities exchanges, financial advisers and brokers, auditors, trustees and issuers - including issuers of KiwiSaver and superannuation schemes. It jointly oversees designated settlement systems in New Zealand, with the Reserve Bank of New Zealand (RBNZ). FMA is a member of New Zealand’s Council of Financial Regulators.

Disclose broker

Danger Unauthorized

LBLV

Disclosure summary

Disclosure matching Website matching
Disclosure time 2024-09-12
Reason for punishment LBLV claims to hold a current International Brokerage license issued by the Mwali International Services Authority. However, this license belongs to a different entity and is currently suspended.

Disclosure details

LBLV – Withholding funds, suspected scam

12 September 2024 LBLV – Withholding funds, suspected scam SHARE THIS We recommend exercising caution when dealing with LBLV Limited. The FMA is aware of a New Zealand investor who invested with LBLV Limited after being promised large returns. When the investor tried to withdraw profits they were asked to pay unreasonably large fees and taxes before the withdrawal requests could be processed. Even after these fees and taxes were paid, no funds were released. Several overseas regulators have also issued public warnings about LBLV Limited: Australian Securities and Investments Commission: Investor warning - LBLV Financial Conduct Authority: LBLV Comision Nacional Del Mercado De Valores: CNMV National Securities and Stock Market Commission: Investors’ Protection – НКЦПФР|НАЦІОНАЛЬНА КОМІСІЯ З ЦІННИХ ПАПЕРІВ ТА ФОНДОВОГО РИНКУ (nssmc.gov.ua) processo-19957011245201829 (cvm.gov.br) LBLV claims to hold a current International Brokerage license issued by the Mwali International Services Authority. However, this license belongs to a different entity and is currently suspended. WEBSITE: https://www.lblv.com ADDRESS: Suite C, Orion Complex, Palm Street, Victoria, Mahe, Seychelles EMAIL: clientservices@lblv.com

Annex

Screenshot 1

More regulatory disclosure

Danger

2022-03-04

WARNING NOTICE for HatFX