EXTO
....Exto Capital is based in Switzerland, and their online operation started in 2007....... Exto Capital is regulated by the OAR-G (member #485, ), an organization that's main purpose is to help combat money laundering. Exto Capital is also regulated by the Federal Department of Finance in Switzerland (reg.number: 550-1050424-3, ).
Exto Capital SA, is incorporated in the British Virgin Islands under the
BVI Business Companies Act, 2004 (as amended). Exto
Capital has strict policies concerning reporting and book keeping and in dealing with its customers. Exto Capital SA (reg. number: 1520862)
Basic Broker Details
Forex Trading | Online Forex Broker | Gold Oil CFD | Exto Capital
Country of Originr>Switzerland
Regulation Body Federal Department of Finance in Switzerland (reg. number: 550-1050424-3,OAR-G (member #485, ) "
"... Exto Capital is regulated by the OAR-G (member #485,
Bienvenue sur le site de l'OAR-G), an organization that's main purpose is to help combat money laundering.
Exto Capital is also regulated by the Federal Department of Finance in Switzerland (reg. number: 550-1050424-3, http://www.efd.admin.ch)...."
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BVI FSC Issues Advisory Warnings on Financial Services Business Companies
On September 8 2009, the British Virgin Islands Financial Services Commission issued two Advisory Warnings concerning the following companies:
Exto Capital S.A.;
Sky Way Monetary Limited;
and Gulf International Investment Group Limited (GIIG 1982).
According to the documents published under Section 4 (1) (l) of the Financial Services Commission Act, 2001, these companies are not licensed to carry on financial services business in or from within the territory of the British Virgin Islands. The Commission advised members of the public to exercise extreme caution in conducting any transactions with these companies.
Members of the public are advised to exercise extreme caution in conducting any transactions with Exto Capital S.A.
http://bvioffshoreibc.blogspot.com/s...ory Warnings
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Dear Als
Your inquiry to the Federal Department of Finance was forwarded to our authority, the Swiss Financial Market Supervisory Authority (FINMA) is the state supervisory authority for banks, insurance companies, stock exchanges, securities dealers and collective investment schemes. The FINMA is responsible for combating money laundering and, where necessary, conducts financial restructuring and bankruptcy proceedings. In addition, the FINMA has supervisory powers in respect of the disclosure of holdings and is the complaints body for decisions of the Takeover Board in the area of public takeover bids for listed companies.
Exto Financials SA
Rte de Cité-Ouest 2
1196 Gland
is registered in the trade register of the Canton of Vaud. The company is under liquidation. The liquidation commenced on December 23rd, 2009.
Exto Financials SA was at no time in receipt of an authorization by FINMA for an activity in the Swiss financial market.
Exto Capital has no physical presence in Switzerland, and thus no registration or license.
Please note that FINMA cannot assist customers in the redemption of payments made with unauthorized entities. Claims subject to civil law must be clarified in civil proceedings, and the cantonal or federal criminal investigation agencies are responsible for penal matters.
We hope our information is of assistance to you.
Kind regards
Christina Bürgi
Communication
Strategic and Central Services
Eidgenössische Finanzmarktaufsicht FINMA
Autorité fédérale de surveillance des marchés financiers FINMA
Autorità federale di vigilanza sui mercati finanziari FINMA
Swiss Financial Market Supervisory Authority FINMA
Einsteinstrasse 2, CH-3003 Berne
Tel. +41 31 327 91 73
Fax +41 31 327 91 01
christina.buergi@finma.ch
questions@finma.ch
www.finma.ch
