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COMPANY PROFILE

New Financial Technology Ltd

Catalogue record · Not independently verified
Website
https://www.adgm.com/media/announcements/adgm-issues-alert-concerning-misleading-claims-made-by-new-financial-technology-ltd ↗
Jurisdiction
Abu Dhabi
Investment assessment
Not assessed

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Financial Services Regulatory Authority

Catalogue reference · Recorded date: 2024-10-11. Confirm the exact legal entity and current status with the authority.

Open authority reference ↗
Commercial name
New Financial Technology Ltd
Authority jurisdiction
Abu Dhabi
Authority reference
430
Categories
1
Category details
Unregistered/Unlicensed entity offering financial products or services
Additional catalogue information
The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) would like to alert the financial services community and members of the public about misleading claims made by New Financial Technology Ltd (“NFT”) in relation to a purported investment fund named the “NFT Fund”. NFT has falsely claimed to potential investors, both directly, and in marketing documents and videos published on various social media websites that NFT is in the process of obtaining a Financial Services Permission from the ADGM FSRA and that the NFT Fund is established in ADGM, which are false claims.
Validation date
2024-10-11
Modification date
2024-10-11
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