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://grandcapital.net. The Authority takes note that the website refers to a company named Grand Capital Ltd claiming that it is an international brokerage providing services for trading and investment in currency and derivatives, with its registered office at Suite 102 Aarti Chambers, Mont Fleuri, Victoria, Mahe, Seychelles and business address at No. 6, 1st Floor, Reliance Complex Building at Providence, Mahe, Seychelles.
Please be advised that as per the Authority’s records, the Grand Capital Limited does not and at no point in time has been authorised in line with sections 46 (1) and (2) of the Securities Act, 2007 by the FSA to carry on business in Seychelles dealing in Securities in accordance with section 45(4) of the Securities Act, 2007.
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.