Öffentliche Betrugswarnung – Verbraucherwarnung!Alexander Capital Associates Ltd (Diamoneo)
Alexander Capital Associates Ltd (Diamoneo)
- Warnung AMF France
The Autorité des marchés financiers (AMF) is publishing a list on its website of unauthorized diamond investments platforms
Published on July 24, 2017
The AMF is warning the public about proposals to invest in diamonds without complying with the new regulation. A list of these websites is now available on the AMF website.
Law of 9 December 2016 on transparency, the fight against corruption and the modernization of economic life (the « Sapin II » lax) has introduced a changes in the system of intermediation in miscellaneous assets .
The diamond investment proposals highlighting the possibility of a financial returns or a similar economic effect involve intermediation in miscellaneous assets and are now subject to ex ante control by the AMF. Consequently, no offer on diamond investments car be directly marketed in France on without prior allocation by the AMF of a registration number.
Despite the warning of the AMF regarding this new regulation, these platforms keep advertising and/or marketing the French public.
Here is the list of the websites:
This list is available of the AMF’s website (section: Espace Epargnants > Protéger son épargne > Listes noires > La liste noire des sites proposant des diamants d’investissement).
These websites may change very quickly and this list is not intended to be exhaustive.
Lastly, the AMF reminds investors to follow these safety guidelines before making any investment:
no advertising materials should make you overlook the fact that high returns always involve high risk;
learn as much as you can about the company or intermediary trying to sell you a product (authorization/certification, company history, location of head offices, etc.);
only invest in a product you understand;
ask yourself how, and by whom, the purchase price or selling price of the advertised product is set, and find out the precise terms and timeline for selling the product, especially in cases where the product invests in an asset class with low liquidity.