Disclosure details -

The Seychelles Financial Services Authority

Year 2013Regulated by Government

The Seychelles Financial Services Authority（FSA） is an autonomous regulatory body responsible for the non-bank financial services in Seychelles. Established under the Financial Services Authority Act, 2013, FSA is responsible for permitting and regulating licenses, enforcing regulatory and compliance requirements, monitoring and supervizing the conduct of business in the non-bank financial services sector in Seychelles. The regulated activities include fiduciary services, capital market & collective investment schemes, insurance, gambling. FSA is also responsible for the registration of international business companies, foundations, limited partnership and international trust in Seychelles.

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Danger Unauthorized

First Ally Trade

Disclosure summary

Disclosure matching Website matching
Disclosure time 2024-08-21
Reason for punishment The Financial Services Authority of Seychelles (“FSA”) is issuing a notice to its investors, licensees and members of the general public to the website https://firstallytrade.com/ . The Authority takes note that the website refers to a company named "First Ally Trade" claiming that it is authorized and regulated by the Seychelles Financial Services Authority with Securities Dealer's license number SD018.

Disclosure details

Scam Alert: First Ally Trade - Fraudulent company (the “fraudulent company”) and Unauthorized use of website (the “unlawful websites”)

Regulatory Updates Scam Alert: First Ally Trade - Fraudulent company (the “fraudulent company”) and Unauthorized use of website (the “unlawful websites”) The Financial Services Authority of Seychelles (“FSA”) is issuing a notice to its investors, licensees and members of the general public to the website https://firstallytrade.com/ . The Authority takes note that the website refers to a company named "First Ally Trade" claiming that it is authorized and regulated by the Seychelles Financial Services Authority with Securities Dealer's license number SD018. Please be advised that as per the Authority’s records, First Ally Trade is not known, does not hold a valid license nor is it regulated by the FSA in any capacity and the website is not linked to any entity licensed and/or regulated by the FSA in any capacity. The Authority urges investors and members of the general public to conduct adequate research on an entity, service provider(s), and representative prior to engaging in any business activities and/or performing any transactions involving money exchanges or exchanges of personal details. The FSA reminds the public that the Authority shall not be liable should persons continue to engage or maintain client relationship, or make use of services provided with or by the aforementioned website. 21 August 2024

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Danger

2023-11-28

Blacklists of unauthorized companies and websites: Forex