
On March 26, 2026, the Financial Conduct Authority (FCA) flagged nordkvarn.com, identifying it as a clone firm. https://www.fca.org.uk/news/warnings/nordkvarn-clone-fca-authorised-firm

It displayed a St. Vincent and the Grenadines Financial Services Authority (SVG FSA) registration number on its website. Upon investigation, we found that the company registered with the SVG FSA is HYCM, and the license status is "cancelled." Furthermore, the Financial Conduct Authority (FCA) flagged nordkvarn.com, identifying it as a clone firm.



It displayed a St. Vincent and the Grenadines Financial Services Authority (SVG FSA) registration number on its website. Upon investigation, we found that the company registered with the SVG FSA is HYCM, and the license status is "cancelled." Furthermore, the Financial Conduct Authority (FCA) flagged nordkvarn.com, identifying it as a clone firm.


