CSSF
Luxembourg watchdog warns public about entity
CSSF says Algor Invest not granted authorisation to provide investment or financial services
Algor 'not supervised by CSSF' (LW)
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.
Editor's Picks
Business group
—
15.02.2019
Luxembourg AmCham probes large alleged fraud
Bankruptcy
—
15.02.2019
A third of bankrupt companies active in finance industry in 2018
