Luxembourg regulator warns public over 'unknown' company
In notice issued on website, Commission de Surveillance du Secteur Financier says Cathay DuPont is 'unknown to it'.
Luxembourg's financial regulator has issued a public warning about the activities of a company named Cathay DuPont.
In a warning notice issued on its website, the Commission de Surveillance du Secteur Financier (CSSF) said Cathay DuPont was "unknown" to the regulator.
"The CSSF informs the public that Cathay DuPont is unknown to it and that the entity has not been granted any authorisation to provide investment or other financial services in or from Luxembourg," the statement said.
Cathay DuPont claims to have offices at Business Center Glacis, 5, rue Goethe, L-1637 Luxemburg, the warning said.
Cathay DuPont states on its website that it is a full-service brokerage firm launched in 1979 with offices in Tokyo and Taipei.
(Hannah Brenton, hannah.brenton@wort.lu, +352 49 93 728)
Editor's Picks
Working capital
—
01.04.2020
Companies flock to Ebedex factoring platform for cash
EXCLUSIVE
—
31.03.2020
A consumer brands giant and its tiny tax bill
Procurement
—
30.03.2020
China to gain from role in the race for medical material
addiction
—
27.03.2020
Cocaine, heroin dealing plummets since the pandemic
pandemic
—
26.03.2020
Marooned: when holiday havens turn into desert islands
