World Financial Institutions
Published: 8 July 2014
Last updated: 12 February 2019
Finanstilsynet (The Financial Supervisory Authority of Norway) warns against investment offers promoted by World Financial Institutions
Finanstilsynet has been informed that World Financial Institutions (address: 15-21 Nishishinjuku 6, Nishi Shinjuku 6 Chome West 6th, Shinjuku-Ku, Tokyo 6-15-21, Tokyo-To, Japan) has approached Norwegian investors offering investment services. The company also offers services from a website www.worldfinancialinstitutions.com.
Finanstilsynet wishes to make it clear that World Financial Institutions 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 World Financial Institutions.
Finanstilsynet's 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.