FSB warns about Wealth Migrate
16 October 2015 | Compliance - Regulatory | Financial Sector Conduct Authority (FSCA) (was FSB) | FSB
The Financial Services Board (FSB) has noted recent claims that an entity called Wealth Migrate holds an FSB licence.
Wealth Migrate is said to be involved in so called crowd funding. The FSB would like to clarify that it does not have any record of the entity, and has not issued a licence to Wealth Migrate. The company is also not a juristic representative of an authorised financial services provider. Crowd funding is an activity that falls outside of the regulatory net of the FSB.
