Change Edition

CSSF warns against Finaxis, says company unknown
no authorisation

CSSF warns against Finaxis, says company unknown

by Zuzanna Reda-Jakima 02.09.2019 From our online archive
11th warning issued by the financial regulator this year
Photo: Anouk Antony
Photo: Anouk Antony

Luxembourg's financial watchdog, the Commission de Surveillance du Secteur Financier (CSSF), issued a warning against an unauthorised company calling itself Finaxis.

The financial services company is unknown to the regulator, the CSSF said, and has not been granted any authorisation to provide investment or other financial services in or from Luxembourg.

On its website https://finaxis.io, the entity claims to be established on boulevard d’Avranches in Luxembourg City.

This is the eleventh company warning issued by the CSSF this year, the regulator has also warned against ten unauthorised websites.


Get the Luxembourg Times delivered to your inbox twice a day. Sign up for your free newsletters here.