The Financial Services Authority of Seychelles (FSA) issued a warning to investors, licensees and the public about the website https://admiralmarkets.live, which claims to be authorised and regulated by the FSA. The FSA stated that the entity referenced on the site is not known to the Authority, does not hold a valid licence, and is not regulated by the FSA, and that the website is not linked to any entity licensed or regulated by the FSA. The notice urges prospective clients to conduct adequate research on an entity, service provider and representative before engaging in business or sharing funds or personal details. It also reminded the public that the FSA will not be liable if persons continue to engage with, maintain a client relationship with, or use services provided through the website.
Seychelles Financial Services Authority 2025-10-24
Financial Services Authority of Seychelles issues scam alert on admiralmarkets.live for false claims of FSA authorisation
The Financial Services Authority of Seychelles (FSA) issued a warning regarding the website https://admiralmarkets.live, which falsely claims FSA authorization and regulation. The FSA clarified that the entity is unknown to them, unlicensed, and unregulated. The public is advised to conduct thorough research before engaging with such entities, as the FSA will not be liable for any resulting issues.