Published: 18 January 2019
Finanstilsynet (The Financial Supervisory Authority of Norway) warns against investment offers promoted by Rothwell Investment.
Finanstilsynet has been informed that Rothwell Investment (address: Jardine House, 1 Connaught Place, Central, Hong Kong S.A.R.) has approached Norwegian investors offering investment services.
Finanstilsynet wishes to make it clear that Rothwell Investment 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 Rothwell Investment.
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/).