Portuguese Securities Market Commission

Year 1991Regulated by Government

The Portuguese Securities Market Commission (CMVM) ensures the efficiency, fairness, security and transparency of the securities market, especially in the areas of market surveillance, regulation, cooperation and promotion. One of CMVM's top priorities is investor protection.

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Danger Unauthorized
Disclosure summary
  • Disclosure matching Website matching
  • Disclosure time 2023-01-25
  • Reason for punishment the securities market commission (cmvm) alerts to the fact that the entity Iconic Capital / Effervescent Group LTD , which currently operates with the website https://iconiccapital.world/pt, is not authorized or registered with cmvm to carry out any financial intermediation activity in Portugal, in accordance with the provisions of paragraphs a) and b) of no. 1 of article 295 of the securities code.
Disclosure details

cmvm warns investors about the Iconic Capital / Effervescent Group LTD

January 25, 2023, the securities market commission (cmvm) alerts to the fact that the entity Iconic Capital / Effervescent Group LTD , which currently operates with the website https://iconiccapital.world/pt, is not authorized or registered with cmvm to carry out any financial intermediation activity in Portugal, in accordance with the provisions of paragraphs a) and b) of no. 1 of article 295 of the securities code. cmvm also warns that the aforementioned entity is not legally qualified to carry out advertising or prospecting for customers aimed at concluding financial intermediation contracts. To ensure that a given entity that offers investment services in financial instruments is authorized to carry out activities in Portugal, you must consult the list of authorized financial intermediaries (through the link https://www.cmvm.pt/pinstitucional/content?input=7fdeb614bb37bb7f9236a4239a55d7d7b3621fd753ac96ce8e332fc41998d293 ) or the list of entities authorized to provide financial services in Portugal under the free provision of services (lps) regime (through the link https://www.cmvm.pt/pinstitucional/content?input=7cda3baa6de408fcda513f806d73cf7e5ae966d96e0686575ac1bfe0eb536682). All people and entities that have established any commercial relationship with the entities identified above may contact cmvm via the number 800 205 339 (green line), or by email at cmvm@cmvm.pt. content updated on 2023/10/04 23:16
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