Allmedia Ltd (Gallant Finance)
- Warnung Consob Italy
Consob warning on
Novatrades Ltd - Advanced Binary Technologies Ltd - Allmedia Ltd - Vcapital doo Podgorica - Moorwant Ltd - Five Winds Asset Management - Compendium Value Limited
The National Commission for Companies and the Stock Exchange, in accordance with article 7-octies, letter b) of the Consolidated Law on Finance (TUF), has ordered the following companies to cease infringement of article 18 of the TUF consisting of the offer and performance of investment services and activities to the Italian public, put in place by:
Novatrades Ltd, through the website www.novatrades.com (resolution n. 20423 of May 8, 2018);
Advanced Binary Technologies Ltd through the website www.ayrex.com (resolution n. 20424 of May 8, 2018);
Allmedia Ltd, Vcapital doo Podgorica and Moorwant Ltd through the website www.gallantfinance.com (resolution n. 20425 of May 8, 2018).
The National Commission for Companies and the Stock Exchange has also prohibited, in accordance with art. 99, paragraph 1, letter d) of the TUF, the offer of "investment packages" to the Italian public promoted by Five Winds Asset Management, including through the website https://fivewindsam.com and the Facebook page www.facebook.com/FiveWindsOfficial (resolution n. 20419 of May 8, 2018). The activity was previously suspended with resolution n. 20301 of February 14, 2018 (see "Consob Informa" n. 7/2018).
The National Commission for Companies and the Stock Exchange also reports that the company Compendium Value Limited, with offices in London and secondary offices in Rome, is not authorised to carry out door-to-door selling of financial instruments.
2019-05-13, Public warning by CNMV Spain against Gallant Finance
CNMV ISSUES WARNING TO THE PUBLIC ON UNREGISTERED FIRM
Pursuant to the second paragraph of Article 17 of the Securities Markets Law (recast text approved by
Royal Legislative Decree 4/2015, of 23 October), the Comisión Nacional del Mercado de Valores (National
Securities Market Commission) warns that:
is not authorised to provide the investment services detailed in Article 140 of the Securities Markets
Law, which include investment advice, or to provide the auxiliary services detailed in letters a), b), d),
f) and g) of Article 141 of the said Law in relation to the financial instruments detailed in Article 2 of the
said Law, including, for those purposes, foreign currency transactions.
For any enquiries, please contact the Comisión Nacional del Mercado de Valores enquiry line on
900 535 015 or visit CNMV’s website (www.cnmv.es).
13 May 2019