Start Finance Zurich Private Capital Group is an unauthorized institution

Zurich Private Capital Group is an unauthorized institution

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Zurich Private Capital Group is an unauthorized institution

Date: 18.07.2018

“Zurich Private Capital Group” with alleged business adresses in Frankfurt am Main and Hong Kong and contact adresses in London, Dubai, Singapore, Mauritius, Mahe (Seychelles) and Mumbai offers services regarding “Savings, Investments, Capital Management” over the internet (zurichprivatecapital.com).

As a precaution the Federal Financial Supervisory Authority (Bundesanstalt für FinanzdienstleistungsaufsichtBaFin) clarifies that “Zurich Private Capital Group” does not hold a licence pursuant to the German Banking Act to conduct banking business or provide financial services. The company is not supervised by BaFin.