CSSF

Luxembourg watchdog warns public about entity

CSSF says Algor Invest not granted authorisation to provide investment or financial services

24.01.2018

Luxembourg's financial watchdog has warned the public about the activities of a company called Algor Invest.

The Commission de Surveillance du Secteur Financier (CSSF) issued a notice on Tuesday warning that the company was "not supervised by the CSSF".

The regulator said the entity had not been granted any authorisation to provide investment or other financial services in or from Luxembourg.

Algor Invest, governed by Luxembourg law, is established at 10 Boulevard de la Foire.

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