Published: 4 April 2019
Finanstilsynet (The Financial Supervisory Authority of Norway) warns against investment offers promoted by Bygdø Allé Finanssenter AS.
Finanstilsynet has been informed that Bygdø Allé Finanssenter AS (address: Munkedamsveien 59B, 0270 Oslo) has approached Norwegian investors offering investment services. The company also offers services from a website Bygdø Allé Finanssenter AS.
Finanstilsynet wishes to make it clear that [foretakets navn] 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 Bygdø Allé Finanssenter AS.
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.