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Tag: James Kitheka

Attention: UK FCA Updated Warning Against Offshore Broker PU Prime. Red Compliance Rating Confirmed!

Offshore Broker tamir -
FinTelegram published an initial review of offshore broker PU Prime in April 2022. This offshore broker offers its financial products to clients in the UK and EEA without the required regulatory authorizations. In addition to the UK FCA, which updated its warning on November 10, 2023, the Danish FSA has also issued a warning against PU Prime, mentioning that the offshore broker is advertised via financial influencers.

Correction: CySEC-Regulated Pacific Union Group Ltd Is Not Part Of the PU Prime Scheme!

CySEC Ben -
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.

UK FCA Follows FinTelegram And Warns Against Offshore Broker PU Prime!

FCA Charlene Lensburg -
FinTelegram published an initial review of offshore broker PU Prime in April 2022. This offshore broker, regulated by the FSA Seychelles, offers its financial products to clients in the UK and EEA without the required regulatory authorizations. We have placed the broker on our Red Compliance List. The UK FCA also shares this assessment. On May 10, 2023, the UK regulator warned against PU Prime. You should avoid the broker.

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