CMVM issues warning for investors concerning BCP Private
2 October 2020
(Portuguese Securities Market Commission) issues a warning for investors
concerning the entity operating through the https://www.bcpprivate.com/. This entity is misusing the identity of the
CMVM authorised entity Banco Comercial Português, S.A., namely a similar firm’s
name, its address and fiscal number. The CMVM clarifies that such entity
contrary to what has been disclosed, bears no relation with the entity Banco
Comercial Português, S.A., registered with the CMVM as financial intermediary.
Banco Comercial Português, S.A., the financial intermediary registered with the
CMVM is not subject of this warning or, in any way, intended by it.
entity operating through the website https://www.bcpprivate.com/ is not
authorised to carry out any type of financial intermediation activity in
Portugal, under article 295 (1)(a)(b) of the Portuguese Securities Code.
warns, additionally, that such entity, misusing the identity of the CMVM
authorised entity, is not authorised to carry out advertising or client
prospecting aimed at entering into financial intermediation contracts.
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 email@example.com.