Regulatory Updates

The Financial Services Authority (“FSA/Authority”) hereby gives notice to the general public, pursuant to section 28(2)(c) of the Financial Services Authority Act, 2013 (“FSA Act”), that the Investment Advisor Representative License (IARL009) held by Luqman Weise Asset Managers Limited and the Investment Advisor Representative License (IARL009) of Mr. Mohamed Ahmed Rashad Khater has been revoked pursuant to section 29(1) of the FSA Act, effective December 20^th, 2021.

The FSA hereby reminds the public that the Authority is not responsible should persons continue or maintain client relationship Luqman Weise Asset Managers Limited.

The Financial Services Authority

21st December 2021

Unauthorized use of website https://everfxx.co.uk/ (the “unlawful website”):

This notice is issued by the Financial Services Authority of Seychelles (“FSA”) drawing attention to the following website and the fact that this website is not linked to any entity licensed or regulated by the FSA in any capacity. Details on the website are as follows:

Website:

https://everfxx.co.uk/ 

The FSA Seychelles urges investors and members of the public to exercise extreme caution in respect of this website. The FSA reminds same that the Authority is not responsible should persons continue or maintain client relationship, or uses services provided with or by the aforementioned website.

Alert:

Unauthorized use of website https://mt5expo.com/en/ (the “unlawful website”):

This notice is issued by the Financial Services Authority of Seychelles (“FSA”) drawing attention to the following website and the fact that this website is not linked to any entity licensed or regulated by the FSA in any capacity. Details on the website are as follows:

Website:

https://mt5expo.com/en/

The FSA Seychelles urges investors and members of the public to exercise extreme caution in respect of this website. The FSA reminds same that the Authority is not responsible should persons continue or maintain client relationship, or uses services provided with or by the aforementioned website.

The Financial Services Authority is inviting dedicated, dynamic and committed individuals to join its team and help contribute to the success of the financial services industry.

Business Analyst

Fiduciary Section

Job Purpose:

Responsible for reviewing and determining the merit of license applications and other authorisations requests for approval within the Fiduciary Services Sector.

Summary of Duties:

• Work in close collaboration with the Manager Authorisations to assist and ensure effective and efficient operations of the unit.
• Engage in the processing and evaluation of applications submitted within the Authorisations Unit including but not limited to licensing, renewal, changes and other authorisation applications.
• Assess and appraise all applications in consultation with the other units and in line with relevant current legislation in place applying the KYC principles and due diligence.
• Coordinate, facilitate liaison and dissemination of information to customers or their agents and provide a comprehensive analysis of applications.
• Engage in the conduct of onsite inspections in ensuring prospective licensee’s adherence with the prevailing legislations or on an ad-hoc basis.
• Contribute in the formulation, implementation, and maintenance of policies, procedures and practices, participate in the development of strategic plans for the FSA and review exercises as and when required.
• Provide stakeholders with market information i.e. new licences and developments in the Industry.
• Assist in the undertaking of market research to improve the regulatory standing of the industry and the jurisdiction.

Minimum Entry Requirements:

• Degree in Finance, Economics, Accounting or Law or any other relevant field or suitable level of experience in a relevant field; or
• Diploma in International Compliance Association (ICA) plus 2 years of relevant working experience.

Salary:

Commensurate with qualifications and experience.

To Apply:

Please forward your covering letter, curriculum vitae, certificates, references and referees to:

Head of Corporate Affairs

Financial Services Authority

P.O. Box 991, Bois De Rose Avenue, Mahe

Email: recruitment@fsaseychelles.sc

Closing date of application: Friday 17^th December, 2021

The Financial Services Authority is inviting dedicated, dynamic and committed individuals to join its team and help contribute to the success of the financial services industry.

Security Officer

Facilities and Logistics Section

Job Purpose:

To safeguard and protect life and property of the organization in line with the set procedures;

Duties:

• Ensure that movement of goods and materials in or out from the building, warehouses and containers have been authorized and inspected.
• Ensure that persons and vehicles entering and leaving the zone are properly documented, and monitored and that only authorised person and vehicles are allowed inside the zone.
• Prevents losses and damage by reporting irregularities, informing violators of policy and procedures and restraining trespassers.
• Monitor all FSA surveillance devices and setups (including CCTV)
• To undertake search and inspection of all goods and vehicles / persons entering and moving from the zone.
• Implement FSA Traffic Management Plan.
• Handling of containers;
• Completes reports by recording observations, information, occurrences, and surveillance activities, interviewing witnesses and obtaining signatures.
• To direct and guide visitors to offices and deal with enquiries.

Entry Requirements:

• Secondary Level Education;
• Knowledge of basic Security and Fire inspection procedures
• Good Disciplinary Records

 Salary:

Commensurate with qualifications and experience.

To Apply:

Please forward your covering letter, curriculum vitae, certificates, references and referees to:

Head of Corporate Affairs

Financial Services Authority

P.O. Box 991, Bois De Rose Avenue, Mahe

This notice is issued by the Financial Services Authority of Seychelles (“FSA”) drawing attention to the following websites and the fact that this website is not linked to any entity licensed or regulated by the FSA in any capacity. Details of the websites are as follows:

Website:

www.girofx.com

In addition, the above-mentioned website is also claiming to be operated by a company licensed by the Financial Services Authority (FSA) of Seychelles with Securities Dealer License Nr. SD071.

However, the website is no longer accessible on the internet.

The FSA Seychelles urges investors and members of the public to exercise extreme caution in respect of this website. The FSA reminds same that the Authority is not responsible should persons continue or maintain client relationship, or uses services provided with or by the aforementioned website.

This notice is issued by the Financial Services Authority of Seychelles (“FSA”) drawing attention to the following website and the fact that this website is not linked to any entity licensed or regulated by the FSA in any capacity. Details on the website are as follows:

Website:

https://primexbtoptions.com/

The FSA Seychelles urges investors and members of the public to exercise extreme caution in respect of this website. The FSA reminds same that the Authority is not responsible should persons continue or maintain client relationship, or uses services provided with or by the aforementioned website.

This notice is issued by the Financial Services Authority of Seychelles (“FSA”) drawing attention to the following websites. Investors and the general public are hereby advised that contrary to information available in the public domain, the company RTFX Group Limited is not incorporated under the International Business Companies Act, 2016 as an international business company, nor is it licensed or regulated by the FSA.

Please see below websites affiliated with RTFX Group Limited that are known to the FSA:

www.rtfxasia.com

www.rtfxcn.net

www.rtofx.com

The FSA strongly urges investors and members of the public to exercise caution in respect to the services offered by RTFX Group Limited.

The FSA has issued this advisory pursuant to section 4(1)(m) of the Financial Services Authority Act, 2013.

The Financial Services Authority

The Financial Services Authority, hereby informs the public, that Aarrow Corporate Services Ltd, having its registered address at Sovereign Trust (Seychelles) Limited Unit 1, Stevenson Delhomme Suites, Le Chantier, Mont Fleuri Victoria, Mahe Seychelles has surrendered its International Corporate Services Licence pursuant to Section 30(1) of the Financial Services Authority Act, 2013 (“FSA Act”) effective October 29^th, 2021.

Pursuant to section 4(1)(m) of the FSA Act, the public is hereby notified that the company Aarrow Corporate Services Ltd no longer holds an International Corporate Services Licence No. ICS 090.

All parties concerned kindly contact the FSA, until informed otherwise, in respect to records of specified entities that were under the administration of Aarrow Corporate Services Ltd at the time of the surrender.

Financial Services Authority

Bois De Rose Avenue

P.O Box 991

Victoria, Mahe

Seychelles

This notice is issued by the Financial Services Authority of Seychelles (“FSA”) drawing attention to the following websites and the fact that these websites are not linked to any entity licensed or regulated by the FSA in any capacity. Details of the websites are as follows:

Websites:

• https://greenfxtrading.com
• https://bnbsmartchainbots.com
• https://www.bitfxasset.com
• https://premiumfxcrypto.com
• https://paramountsignals.com/auto.html
• https://swiftfxequity.com
• https://fxterminals.com
• https://proximitytrade.com
• https://supremeoctafx.com
• https://fxtradeterminal.com
• https://canyontrendus.com
• https://trade.realfxexperts.com

In addition to the websites mentioned above, two other websites, https://vanguardcapitals.com and https://supremeoptimumfx.com, were also claiming to be operated by a company with company registration number 7819829, which claims to be a company registered under the Laws of Seychelles and licensed by the Financial Services Authority (FSA) of Seychelles with Securities Dealer License Nr. SD087.

However, they are no longer accessible on the internet.

The FSA Seychelles urges investors and members of the public to exercise extreme caution in respect of these websites. The FSA reminds same that the Authority is not responsible should persons continue or maintain client relationships, or uses services provided with or by the aforementioned websites.