FCA Warns Against MultiBank Group for Operating Forex.com.vn

[kreslik.news]

The UK’s Financial Conduct Authority (FCA) today published a cautionary note about Multibank Group, which has been exposed as offering financial products in the United Kingdom without authorization.

Although the City watchdog didn’t explicitly accuse Multibank of operating a clone entity, but the company doing business as https://forex.com.vn/ is obviously taking advantage of its misleading name.

[url=https://events.financemagnates.com/londonsummit/?utm_source=FM&utm_medium=AUTOLINK&utm_campaign=Article&utm_content=fmls18]Join the Leading Industry Event![/url]

However, Forex.com.vn identifies itself ‎as a representative of MultiBank Group in Vietnam and didn’t claim any specific relationship with any FCA-regulated brands. But soliciting traders who are based in the United Kingdom without ‎authorization alone is a major violation ... (read more)