FINMA Flags Multiple Entities for Potentially Unauthorised Financial Services

Switzerland’s financial regulator, the Swiss Financial Market Supervisory Authority (FINMA), has added several companies and websites to its public warning list after receiving indications that they may be offering financial services without the required authorisation.

The warning list is used to highlight providers that are not supervised by FINMA and whose regulatory status could not be confirmed during preliminary checks. In many cases, investigations were hindered because the entities involved failed to cooperate, did not respond to information requests, or provided misleading details.

FINMA notes inclusion on the warning list signals that the provider lacks verified authorisation and may pose a risk to investors, particularly when combined with opaque ownership structures, unverifiable addresses, or misleading claims of Swiss affiliation.

Several of the listed websites were found to falsely imply a connection to legitimate Swiss companies registered in the official commercial register. FINMA explicitly clarified that these entities have no legal or operational relationship with the registered firms whose names they resemble.

BrokersView Reminds you that this tactic—using similar names addresses, or well-known financial locations—has become a common feature in cross-border investment fraud, especially involving online trading platforms and AI-branded investment schemes.

The following providers were flagged as not authorised by FINMA at the time of publication: