CMVM issues warning for investors concerning ProCapitalMarkets
14 August 2020
The CMVM (Portuguese Securities
Market Commission) issues a warning for investors to the fact that ProCapitalMarkets,
with the websites https://www.procapitalmarkets.com/ and https://www.procapital-markets.com/ is not authorised to carry out any type of
financial intermediation activity in Portugal, under Article 295(1)(a) and (b)
of the Portuguese Securities Code.
The CMVM clarifies that this
entity is not legally qualified to carry out advertising or prospecting for
clients aimed into financial intermediation contracts.
In order to ensure that a certain
entity that provides investment services in financial instruments is authorised
to carry out said activity in Portugal, one should consult the list of
authorised financial intermediaries via the
following link or via the list of entities authorised to provide
financial services in Portugal under the freedom to provide services (LPS) via the link.
Any person or entity that has
established any business relationship with persons claiming to represent the
above-mentioned entity, may contact the CMVM via the Toll-free number 800 205
339 (support line) or by e-mail at cmvm@cmvm.pt.
