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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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