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Capitallabs Ltd
On September 13, 2024, the Financial Conduct Authority (FCA) issued a warning against Capitallabs Ltd, identifying it as an unauthorized firm in the UK. https://www.fca.org.uk/news/warnings/capitallabs-ltd-https-capitallabsnet
On September 13, 2024, the Financial Conduct Authority (FCA) issued a warning against Capitallabs Ltd, identifying it as an unauthorized firm in the UK. https://www.fca.org.uk/news/warnings/capitallabs-ltd-https-capitallabsnetAccording to its website, it provides a Companies House (CH) certificate on the webpage. Still, to obtain the right to exercise foreign exchange in the UK, it must be approved by the Financial Conduct Authority (FCA). The CH certificate only means that the company is registered and does not grant its foreign exchange rights.
However, the UK's Financial Conduct Authority (FCA) has warned about Capitallabs Ltd, identifying it as an unauthorized firm and alerting investors to the potential scam.
In essence, Capitallabs Ltd is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.
Capitallabs Ltd appears to be a scam.
According to its website, it provides a Companies House (CH) certificate on the webpage. Still, to obtain the right to exercise foreign exchange in the UK, it must be approved by the Financial Conduct Authority (FCA). The CH certificate only means that the company is registered and does not grant its foreign exchange rights. However, the UK's Financial Conduct Authority (FCA) has warned about Capitallabs Ltd, identifying it as an unauthorized firm and alerting investors to the potential scam.In essence, Capitallabs Ltd is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Capitallabs Ltd appears to be a scam.
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