" class="no-js "lang="en-US"> ADGM FSRA Issues Scam Alert about Rothschild Gulf Investment Bank - Fintech Finance
Saturday, April 13, 2024

ADGM FSRA Issues Scam Alert about Rothschild Gulf Investment Bank

The Financial Services Regulatory Authority (FSRA) of ADGM wishes to alert the financial services community and members of the public on certain claims made by a Rothschild Gulf Investment Bank (RGIB). RGIB has claimed on its website that it maintained private offices in the ADGM on Al Maryah Island and provided financial services. This claim has now been removed from its website. RGIB has not been granted a Financial Services Permission as an Authorised Person or be an Exempt Person and is not an entity with any presence both legally and physically with ADGM. The FSRA is concerned that RGIB is misrepresenting itself. Furthermore, such misrepresentations may be linked to other illegal activities. The FRSA strongly advises the market and investors to be aware and cautious of RGIB or persons purporting to be acting for it, and under no circumstances to transfer nor send money/assets to this named entity. Communications with RGIB is at the investor’s own risk.

Any enquiry concerning the status of a regulated entity and about the type of activities that FSRA licensed firms can conduct in the ADGM can be sent via this link

http://www.adgm.com/contact-us/?pgNm=financial-regulatory

For complaints about a firm in relation to financial services activities being conducted in the ADGM, the public can direct their complaints to the FSRA via the same web link.

  1. BNY Mellon Collaborates with Accenture to Drive Accelerated Growth for Clients Read more
  2. XS.com Awarded the “Best Multi-Asset Broker – LATAM” at UF Awards in Mexico Read more
  3. Insurtech bolt Appoints CFO, Matt More, SaaS Technology Veteran Read more
  4. Navy Federal Credit Union Announces 7-Year Strategic Partnership With Backbase Read more
  5. aelf Leads the Fusion of AI and Blockchain to Shape the Future of Technology Read more
Global-blockchain-show