The Cyprus Securities and Exchange Commission (CySEC) today issued a warning to the public against dealing with two unauthorised investment firms.

The websites of the entities targeted by the warning are:

• greymax.net
• finotivefunding.com

CySEC noted that the above-mentioned websites do not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities, as provided for in Article 5 of Law 87 (I)/2017.

The regulator advises investors to consult its website (www.cysec.gov.cy), before conducting business with investment firms, in order to ascertain the entities, which are licensed to provide investment services and/or investment activities.