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UAE joins Malaysia and others in alerting investors not to deal with Financial.org


Regulators in Malaysia, Singapore, Indonesia and Thailand have also placed Financial.org on alert lists of unauthorised firms with whom investors should exercise caution.

Regulators in Malaysia, Singapore, Indonesia and Thailand have also placed Financial.org on alert lists of unauthorised firms with whom investors should exercise caution.

ABU DHABI: The United Arab Emirates' securities regulator on Wednesday warned investors not to deal with Financial.org, an unregulated British company that has attracted investors from countries across Asia and the Gulf.

The alert comes after the Philippines watchdog, the Securities and Exchange Commission (SEC), warned last month that salesmen, brokers, dealers or agents who promoted unauthorised investments such as Financial.org could face a fine and up to 21 years in prison.

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