Empowerwheel

The Financial Supervisory Authority refers to the fact that the company’s website incorrectly states that it has an address in Oslo. The Authority emphasises that Empowerwheel is not authorised to provide investment services in Norway, and therefore does not hold the necessary approval under Norwegian law. This means that the Financial Supervisory Authority does not supervise the company or approve the services it offers. The Authority therefore advises investors not to enter into agreements with or transfer assets to Empowerwheel.

The Financial Supervisory Authority’s register (https://www.finanstilsynet.no/register) contains information about all entities that are licensed to offer investment services in Norway. The Authority’s website also includes a list (not exhaustive) of market participants operating without a licence (https://www.finanstilsynet.no/markedsadvarsler).