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

Laxco group ltd

Disclosure summary

Disclosure matching Website matching
Disclosure time 2023-12-18
Reason for punishment The website claims it is a regulated financial service provider in New Zealand, however it is not a listed on the Companies Register or the Financial Service Providers Register.

Disclosure details

Laxco Group – Suspected scam

Laxco Group – Suspected scam We recommend caution when dealing with Laxco Group and its website www.laxco-group.com. The website claims it is a regulated financial service provider in New Zealand, however it is not a listed on the Companies Register or the Financial Service Providers Register. The website also claims it is regulated in India, although there is no company of that name registered by the Indian Ministry of Corporate Affairs. Despite not being a regulated financial service provider, the website offers a variety of financial services and products including managed investment plans, financial advice, and loans. ENTITY NAME: Laxco Group LTD WEBSITE: www.Laxco-Group.com EMAIL: info@laxco-group.com; laxcogroup@gmail.com TELEGRAM: @Laxcogroup

Annex

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More regulatory disclosure

Danger

2023-11-02

Blacklists of unauthorized companies and websites: Forex