18 August 2010

Finanstilsynet warns against Okuma Group

Norway, 09/08/2010

Finanstilsynet has been informed that Okuma Group (address: Marunouchi Trust Tower Main, 16th Floor 1-4-3 Marunouchi, Chiyoda-ku, Tokyo 100-0045, Japan) has approached Norwegian investors offering investment services. The company also offers services from a website www.okumagroup.com.

Finanstilsynet wishes to make it clear that Okuma Group is not authorised to provide investment services in Norway, and therefore lacks the licence required under Norwegian law. The company is consequently not subject to Finanstilsynet’s supervisory oversight, nor has Finanstilsynet approved the services offered by the company. Finanstilsynet therefore recommends investors not to enter into agreements with or transfer assets to Okuma Group.

Finanstilsynet's registry (http://www.finanstilsynet.no/registry) gives details of all companies authorised to offer investment services in Norway. A list (not complete) of companies operating in the market without a licence can be found on Finanstilsynet's website (http://www.finanstilsynet.no/markedsadvarsler/).

No comments:

Post a Comment