Erscheinung:01.04.2019, Stand:updated on 05.06.2019 | Topic Unauthorised business BaFin orders Grand Services Ltd. to cease its support to Nordic Pearl’s cross-border proprietary trading
In a notice dated 4 December 2018 (publicly served on 29 March 2019), BaFin ordered Grand Services Ltd., address is not known, to immediately cease activities through which the company is involved in Nordic Pearl’s unauthorised business.
Grand Services Ltd. provides the websites www.fxgtrade.com and www.fxginvest.com, that are available in German, for the unauthorised company Nordic Pearl Ltd.
BaFin has already ordered Nordic Pearl Ltd. to cease its unauthorised cross-border activities.
The order is immediately enforceable and final.