Correction: CySEC-Regulated Pacific Union Group Ltd Is Not Part Of the PU Prime Scheme!
In April 2022, FinTelegram recently updated its review of PU Prime, an offshore broker regulated by the FSA Seychelles. We included the broker in our Red Compliance list. Despite lacking the necessary regulatory authorizations, this broker offers financial products to clients in the UK and EEA. On May 10, 2023, the UK regulator FCA issued a warning regarding PU Prime. The CySEC-regulated Pacific Union Group Ltd informed that it would not be part of the offshore broker scheme.